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Hilton Worldwide Signs Management Agreement with Afak Co.
for Touristic Development for the New Build 676-room Hilton Makadi Resort,
the Fourth Hilton Property in Hurghada, Egypt

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CAIRO and MCLEAN, Va. -
December 13, 2010 - Hilton Worldwide has signed a management agreement with Afak Co. for Touristic Development Co., one of the Egyptian Engineers Companies (Zaghloul Holdings), for the newly built 676-room Hilton Makadi Resort, the fourth Hilton Hotels & Resorts property in Hurghada, Egypt.

The hotel is expected to open its doors as a Hilton Hotels & Resort property in June 2011 with the 330 rooms that make up phase one of the project.  Phase two, the final 346 rooms, is expected to open by Q2 2012.  Situated in a prime location in the new area of Makadi Bay, about 30km south of Hurghada and 35km from Hurghada International Airport, the hotel overlooks the Red Sea front with a 400-meter, private sandy beach.

"Our brand's global growth, particularly in the resort and leisure segment, continues at a rapid pace as we mark the signing of another Hilton property in Egypt. Hilton Makadi Resort will be a great addition to the market - offering guests our very own Hilton-style, world-class service and forward-thinking approach in a spectacular setting with beautiful Red Sea views," said Dave Horton, global head, Hilton Hotels & Resorts.

Hurghada, Egypt is also home to Hilton Hurghada Resort, Hilton Hurghada Plaza and Hilton Hurghada Long Beach Resort. The newest Hilton Hotels & Resorts property, the Hilton Makadi Resort, will feature two meeting rooms, three lounges, an all-day dining and two speciality restaurants and will offer three swimming pools, a health club, spa, and diving center for leisure in addition to a private beach; it will be the 17th Hilton Worldwide property in the country.

"Our flagship brand first entered Hurghada in 1995. Since then the area has developed rapidly and it continues to be a growing tourist destination.  Makadi Bay, in particular, is a great location for our newest hotel along the Egyptian Red Sea coast." said Jean-Paul Herzog, area president, Hilton Worldwide, Middle East and Africa.

"Hilton Hotels & Resorts enjoys tremendous brand recognition in Egypt, which made them a natural choice for us.  As the country continues to witness a growth in tourism and with the increasing popularity of Hurghada as an international destination, we're delighted Hilton will manage our new property and look forward to a long and fruitful partnership." said Hazem Saad Zaghloul, chairman, Afak Co. for Touristic Development Co.

Hilton Worldwide has 44 hotels across 14 countries in the Middle East & Africa, with another 29 hotels under development.

About Hilton Hotels & Resorts
Hilton Hotels & Resorts is the stylish, forward-thinking global leader of hospitality that welcomes guests in more countries than any other full-service hotel brand. The Hilton Hotels & Resorts brand currently includes more than 530 hotels and resorts in 76 countries, and plans to serve travelers in 80 countries by the end of 2011. By offering innovative products, services and amenities, Hilton Hotels & Resorts enables travelers to be at their best 24/7, whether traveling for business or leisure. Start your journey at www.hilton.com. Hilton Hotels & Resorts is one of Hilton Worldwide’s ten market-leading brands.

About Hilton Worldwide
Hilton Worldwide is the leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For 91 years, Hilton Worldwide has been offering business and leisure travelers the finest in accommodations, service, amenities and value. The company is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Its brands are comprised of more than 3,600 hotels and 600,000 rooms in 82 countries and include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, Doubletree, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages the world-class guest reward program Hilton HHonors®.

For more information about the company, visit www.hiltonworldwide.com.

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Contact:

Noha Bassily, Hilton Worldwide, Egypt & Levant
+20 2 2594 7045
[email protected]


John Forest Ales, Hilton Hotels & Resorts
+1 703 883 4512
[email protected]

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