 Singapore,
7 June 2006 � Hilton Hotels Corporation, the world�s leading hospitality
company, and Shanxi Jinhao International Hotel Company Limited announced
the signing of an agreement for Hilton to manage the Hilton Taiyuan Hotel,
the latest and most luxurious hotel development in the rapidly growing
city of Taiyuan, capital of Shanxi Province in China.
Scheduled to open in early 2009, Hilton Taiyuan will be the first international
five star hotel in Taiyuan. Hilton Taiyuan�s prime location along
the bustling Bei Da Street offers guests easy access to the Taiyuan East
Railway Station and the convenience of being near the commercial centre
of the city, government buildings, offices and scenic parks.
The impressive 37-storey Hilton Taiyuan, designed by world-renowned
KKS Architects, will provide 450 spacious guestrooms, 80 upscale serviced
apartments, 5 contemporary food and beverage outlets, and recreational
amenities such as a swimming pool, health club and spa. Conference
and Banqueting facilities will include a 1,200 square metre ballroom, a
Hilton Meetings® facility and an array of function rooms.
Commenting on the significance of the partnership, Koos Klein, Hilton�s
Area President of Middle East & Asia Pacific said, �We are excited
to partner Shanxi Jinhao International Hotel Company Limited in managing
the first international hotel in Taiyuan.
Hilton Taiyuan will set the standard for hospitality in Taiyuan while
offering travellers unparalleled service and stylish comfort. The
announcement of Hilton Taiyuan also signals another milestone in our continued
commitment to world-class developments in China.�
Mr Wu Xiaobin, Chairman of the Board, Shanxi Jinhao International Hotel
Company Limited, commented �Hilton�s reputation for service and operational
excellence is unsurpassed around the world and their extensive experience
in China makes them an ideal partner for managing the Hilton Taiyuan.
Together, we will create memorable hospitality experiences for visitors
to this dynamic and vibrant city.�
The signing ceremony was officiated by Mr Francis Wee Hau Lee, Senior
Director of Development � Greater China, Hilton Hotels Corporation and
Mr Wu Xiaobin, Chairman of the Board, Shanxi Jinhao International Hotel
Company Limited. Other esteemed guests included Mr Zhang Bingshen,
Mayor of Taiyuan city; Ms Wang Shuzhen, Director of Shanxi Provincial Department
of Commerce; Mr Ji Zhenfang, Director of Shanxi Provincial Tourism Administration;
Ms Lynette Lim, Legal Counsel � Middle East & Asia Pacific, Hilton
Hotels Corporation; and Mr Vlad Reyes, General Manager of Hilton Beijing.
About Hilton Hotels Corporation
Hilton Hotels Corporation (NYSE:HLT) is the leading global hospitality
company, with nearly 2,800 hotels and 485,000 rooms in more than 80 countries,
including 150,000 team members worldwide. The company owns, manages
or franchises a hotel portfolio of some of the best known and highly regarded
brands, including Hilton®, Conrad®, Coral by Hilton®,
Doubletree®, Embassy Suites Hotels®, Hampton Inn®, Hampton
Inn & Suites®, Hilton Garden Inn®, Hilton Grand Vacations�,
Homewood Suites by Hilton®, Scandic and The Waldorf=Astoria Collection�.
Shanxi Jinhao International Hotel Company Limited
Shanxi Jinhao International Hotel Company Limited is located in Taiyuan
City, China with a registered capital of US$18 million. The company was
set up for the development of the Hilton Taiyuan Hotel. Its majority shareholder,
Shanxi Changshi Real Estate Development Group, is one of the major real
estate developers in Shanxi.
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