Hilton Hotels Corporation (HHC) is teaming up with three major developers to introduce more than 15 new hotels in the Caribbean and Central America, 25 hotels in Russia and at least 15 hotels in the UK by 2012. HHC has agreed to work with Caribbean Property Group for development within Central America & the Caribbean; London & Regional Properties in Russia; and Shiva Hotels in the UK and Ireland. The move follow the partnership deals recently announced in India and China, which are expected to result in 100 new hotels over the next five to seven years.
Hilton Hotels Corporation (HHC) is teaming up with three major developers to introduce more than 15 new hotels in the Caribbean and Central America, 25 hotels in Russia and at least 15 hotels in the UK by 2012. HHC has agreed to work with Caribbean Property Group for development within Central America & the Caribbean; London & Regional Properties in Russia; and Shiva Hotels in the UK and Ireland. The move follow the partnership deals recently announced in India and China, which are expected to result in 100 new hotels over the next five to seven years.
In Russia, HCC will launch hotels under the Conrad, Hilton, Doubletree by Hilton, Hilton Garden Inn and Hampton by Hilton brands. HCC will manage all the hotels. 'Russia is an outstanding market in which to pursue hotel development given the powerful combination of improving economics and favourable demographics,' said Ian Carter, chief executive of Hilton's international operations. 'There is almost a total absence of internationally branded properties throughout the regional cities of Russia.'
The development will focus on Moscow and St. Petersburg as well as other key regional cities. The first hotel expected to be included in the deal will be in the centre of Novosibirsk (Russia's third largest city) where L&R is currently developing a mixed-use hotel and office project that features a 186-room Doubletree by Hilton. This hotel is expected to open in the second quarter of 2008. In addition, and separate from this deal, HHC's first Hilton hotel in Russia will be the 275-room Hilton Moscow Leningradskaya, which opens later this year.