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Hilton Worldwide and Saudi Egyptian Real Estate Development
to Build the 257-room Hilton Cairo Nile Maadi in Egypt

An Early 2016 Opening is Planned

DUBAI, UAE & McLEAN, Va. - March 1, 2013
- Hilton Worldwide is adding to its programme of growth in Egypt following a major joint announcement with prominent investor, Saudi Egyptian Real Estate Development, to introduce the company's sixth property to Cairo.

The 257-room Hilton Cairo Nile Maadi will be strategically located in the upscale residential and diplomatic district of Maadi and enjoy direct access to the popular Corniche El Nile. The 23-storey property, which is forecast to open early 2016, will also boast views of the legendary River Nile as well as Egypt's world famous ancient heritage sites, museums and popular tourist attractions.

Rudi Jagersbacher, president, Hilton Worldwide, Middle East & Africa said: "As the longest serving and most recognised hospitality brand in Egypt, we are committed to offering tangible and sustainable hospitality to the country's business and leisure industry. Our Egyptian expansion strategy and determined pipeline growth reflects our unwavering faith in the viability of Egypt, it's people, business and community as we continue the tradition of providing hospitality and comfort to discerning travellers."

Designed to appeal to both the leisure and business traveller, Hilton Cairo Nile Maadi will feature a business centre, a 400-square-metre function room, two boardrooms and three meeting rooms. Leisure facilities will include a large state of the art health club and spa, an outdoor swimming pool, two restaurants, including speciality dining, a lobby lounge and an executive lounge.

Rob Palleschi, global head, Hilton Hotels & Resorts said: "Hilton Hotels & Resorts is immensely proud of its heritage and first class reputation in Egypt and we are delighted to bring another quality property to our growing portfolio of excellence."

Hilton Cairo Nile Maadi is a noteworthy addition to Hilton Worldwide's growing development programme for Egypt and joins a property pipeline which includes the 635-room Hilton Heliopolis; the 660-room Hilton Makadi Resort; the 390-room Hilton Giza Pyramids and for Egypt's second city of Alexandria, the 158-room Hilton Alexandria Corniche and the 195-room Hilton King's Ranch Resort.

As the pre-eminent hospitality provider, Hilton Worldwide's properties in Egypt incorporate many styles and offerings but all share the well-defined, distinctive company hallmarks of top quality facilities and high standards of service. A sought after portfolio, Hilton Worldwide properties offer urban luxury and sophistication in cities such as Cairo and Alexandria to stunning resorts and spas in relaxing holiday areas of Hurghada, Sharm El Sheikh, Taba, Nuweiba, Marsa Alam as well as the ancient city of Luxor.

Engineer Darwish Ahmed Hassnin, Chief Executive Officer from owners Saudi Egyptian Real Estate Development said: "Hilton Worldwide is a recognised hospitality leader with extensive knowledge and experience of Egypt. Together, we are committed to creating a world-class property with outstanding and inviting facilities and service. This property is the first hotel in Egypt owned by both the Egyptian and Saudi governments and is expected to become one of the flagships of the joint investments between both countries."

About Hilton Hotels & Resorts

One of the most recognized names in the industry, Hilton Hotels & Resorts stands as the stylish, forward thinking global leader in hospitality. From inaugural balls and Hollywood award galas to business events and days to remember, Hilton is where the world makes history, closes the deal, toasts special occasions and gets away from it all. The flagship brand of Hilton Worldwide continues to build upon its legacy of innovation by developing products and services to meet the needs of tomorrow's savvy global travelers while more than 144,000 Team Members shape experiences in which every guest feels cared for, valued and respected. Today, the Hilton Hotels & Resorts portfolio includes more than 550 hotels in 80 countries and the brand remains synonymous with "hotel." Access the latest Hilton news at news.hilton.com or begin your journey at www.hilton.com. Social media users can engage with Hilton at www.twitter.com/hiltonhotels, www.facebook.com/hilton and www.youtube.com/hilton. Hilton Hotels & Resorts is one of Hilton Worldwide’s ten market-leading brands.

About Hilton Worldwide

Hilton Worldwide is a leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For 93 years, Hilton Worldwide has offered 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 3,900 hotels and timeshare properties, with 650,000 rooms in 90 countries and territories and include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, 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®. Visit www.hiltonworldwide.com for more information and connect with Hilton Worldwide at www.facebook.com/hiltonworldwide, www.twitter.com/hiltonworldwide, www.youtube.com/hiltonworldwide, www.flickr.com/hiltonworldwide and www.linkedin.com/company/hilton-worldwide.

Contact:

John Forrest Ales
Hilton Hotels & Resorts
+ 1 703 883 5212
[email protected]

Elaine Reed
Hilton Worldwide, Middle East & Africa
+ 4971 (0)4 434 5461
[email protected]



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