| April 1, 2008 - DLF-Hilton reveals new projects under the
Hilton®, Hilton Garden Inn®and Homewood Suites by Hilton® brands,
part of the overall plans to develop and operate 75 hotels in India in
the next five to seven years.
New Delhi, India, 1st April, 2008� DLF and Hilton Hotels Corporation
in India today announced that they have signed management agreements involving
seven new hotel developments in the pipeline.
This marks the second stage in the DLF-Hilton Joint Venture Company�s
overall strategic development plans to build and develop 75 hotels in India
in the next five to seven years. The new projects named today will bring
the total number of new hotels under this DLF � Hilton alliance to 16,
comprising 3500 rooms. All these 16 projects are in various stages of development
and construction.
To be managed by an affiliate of Hilton Hotels Corporation, the seven
new hotels will cover different market segments under the Hilton Family
of Brands: Hilton, the upscale full service brand; Hilton Garden Inn, the
mid-scale brand and the Homewood Suites by Hilton, an extended stay hotel
brand.
The projects are:
-
Hilton Dwarka New Delhi, (300 rooms)
-
Hilton Garden Inn New Delhi / Dwarka (400 rooms)
-
Homewood Suites by Hilton New Delhi / Dwarka (100 rooms)
-
Hilton Residences Kolkata (100 rooms)
-
Hilton Garden Inn Chennai / OMR (250 rooms)
-
Homewood Suites by Hilton Chennai / OMR (100 rooms)
-
Hilton Garden Inn Trivandrum (200 rooms)
Mr. Lenny Menezes, CEO of DLF Hilton Hotels Ltd, commented, �The relationship
between DLF and Hilton is yielding great results and we are on track to
achieve our strategic goal of creating a Pan-India presence in the hospitality
sector.� Mr. Koos Klein, President, Hilton Hotels Asia Pacific, commented,
�Through our Hilton Family of brands we are targeting the different needs
of business and leisure
travelers in India, across the price points. Our alliance with DLF
intends to announce more new hotel projects in India in the near future.�
Mr. Shakti Singh, Managing Director, DLF Hotel Holdings Ltd., commented,
�The execution of these seven new management agreements with Hilton is
a major step in the overall DLF strategy to rapidly scale up DLF presence
in the hospitality sector to 25000 hotels rooms in the next five to seven
years.�
The new developments in Kerala and Chennai reflect the growing demand
for quality accommodations in South India, where IT and tourism industries
are rapid gorwing. Additionally, Hilton Residences and Homewood Suites
by Hilton are well positioned to cater to the burgeoning need for extended
stay products.
Three Hotels in Dwarka
The Hilton Dwarka, Hilton Garden Inn Dwarka and Homewood Suites by
Hilton Dwarka are planned to provide 800 hotel rooms located at International
Convention Centre complex in Dwarka (New Delhi), which will comprise nearly
2 million sq. ft. of development, including international convention and
exhibition centre facilities, and premium commercial facilities.
Dwarka is a fast growing district in southwest Delhi, strategically
positioned within seven kilometers of the International and Domestic airports,
and 10 kilometers from the commercial hub of Gurgaon, with its high density
of Multi-National Corporations and domestic conglomerates. Dwarka is also
very well connected with Delhi Metro network and provides easy access to
National Capital Region.
Hilton Residences Kolkata
The 100-room Hilton Residences Kolkata is planned to be located in
the Central Business District in Kolkata and is intended to complement
the Hilton Kolkata (a project that was announced in May 2007) by offering
long-stay residents a full service Hilton experience in an apartment setting.
Hilton Garden Inn Chennai / OMR; Homewood Suites by Hilton Chennai
/ OMR
The 250-room Hilton Garden Inn Chennai / OMR and 100-room Homewood
Suites by Hilton Chennai / OMR are planned to be located along the Old
Mahabalipuram Road (�OMR�), often known as �India�s IT Highway�, abundant
with Information Technology parks. The Hilton Garden Inn Chennai / OMR
will aim to offer quality business focused accommodations to frequent business
travelers to the area, while the Homewood Suites hotel is planned to offer
an extended-stay option which includes home-like amenities such as fully-furnished
kitchens, a relaxation/living space, and separate bedroom.
Hilton Garden Inn Trivandrum
The Hilton Garden Inn Trivandrum is planned to be located less than
five kilometres from Trivandrum�s Technopark. When completed this focused
service hotel will be eight kilometers from the existing airport and accessible
from three main road routes connecting guests to the north, west and east
of the city. Hilton Garden Inn Trivandrum is designed to attract a mix
of sophisticated business travellers to this emerging centre for the Information
Technology and services industry and Biotechnology research, while Kerala
continues to be a popular tourism destination across all sectors, including
leisure, medical, eco and heritage tourism.
About Hilton Hotels Corporation
Hilton Hotels Corporation is the leading global hospitality company,
with more than 3,000 hotels and 500,000 rooms in 76 countries and territories,
including 100,000 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® Hotels & Resorts, Doubletree®,
Embassy Suites Hotels®, Hampton Inn®, Hampton Inn & Suites®,
Hilton Garden Inn®, Hilton Grand Vacations®, Homewood Suites by
Hilton® and The Waldorf=Astoria Collection®. The Hilton Family
of Hotels adheres to founder Conrad Hilton�s philosophy that, �It has been,
and continues to be, our responsibility to fill the earth with the light
and warmth of hospitality.� The company put a name to its unique brand
of service that has made it the best known and most highly regarded hotel
company: be hospitable®. The philosophy is shared by all brands in
the Hilton Family of Hotels, and is the inspiration for its overarching
message of kindness and generosity. For more information about our company,
please visit www.hiltonworldwide.com
 About
DLF Ltd
The DLF group is a leading real estate developer in India. The group
has over 224 million sq. ft. of existing development and 748 million sq.
ft. of planned projects. DLF is committed to quality, trust and customer
sensitivity, and deliver on promises with agility, financial prudence and
in tune with the highest global standards. The company has also entered
into several strategic alliances with global industry leaders. DLF's core
business traditionally has been development of residential, commercial
and retail properties. DLF has a unique business model with earnings arising
from development and rentals. Its exposure across businesses, segments
and geographies, mitigates any downcycles in the market. DLF has recently
forayed into the infrastructure, SEZ, financial services and hotel businesses.
More information about the company is available on www.dlf.in
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