March 8, 2010 - Hilton Worldwide has signed a Management Agreement with High for Touristic Projects (part of The Egyptian Engineers Companies - Zaghloul Group) for the new-build Hilton Heliopolis in Egypt's capital Cairo, scheduled to open in 2014.
 
The 485-room and 150-apartment low-rise property located in Cairo's upmarket Heliopolis suburb adjoins an integrated shopping complex and is next to the Cairo International Airport.

"We are very happy to have signed this management agreement for this landmark hotel in Cairo - an important development market for us. Hilton Heliopolis will truly complement our existing portfolio in Cairo, while also supporting our position as the leading hotel brand in Egypt. Thanks to Cairo's bustling new international airport, which aims to handle 20 million passengers per year, we see increasing demand for accommodation in the affluent Heliopolis quarter," said Jean-Paul Herzog, President, Hilton Worldwide, Middle East & Africa.

Hilton Heliopolis will feature five restaurants and bars ranging from an all-day dining restaurant and two specialty restaurants, to a sports bar and lobby lounge bar. In keeping with Hilton's renowned Hilton Meetings product, the hotel will have a 960 sq. m. ballroom, nine meeting rooms of various sizes and one boardroom. Further on-site facilities are planned to include a lounge dedicated to airline crews, fitness centre, outdoor swimming pool and two tennis courts.

"The stunning low-rise design of Hilton Heliopolis is truly evocative of our new class of upscale Hilton hotels that create exciting and enjoyable experiences for our guests. These hotels provide the services and amenities business and leisure travellers need to work and relax 24/7," said Dave Horton, Global Head - Hilton Hotels.

Tourism is considered the highest source of foreign currency for Egypt contributing 6.6% of GDP. The country has a target to welcome 27 million tourists by 2022.

"We are delighted to have signed this management agreement with Hilton, who are leaders in hospitality and have tremendous brand recognition in Egypt. As the country continues to witness a growth in tourism numbers, and with Heliopolis attracting multi-national companies looking to avoid the hustle and bustle of downtown Cairo, this property is destined for success," said Hazem Saad Zaghloul, Chairman, High for Touristic Projects (part of The Egyptian Engineers Companies - Zaghloul Group).

Hilton Worldwide has an impressive brand footprint in the Middle East & Africa with 44 hotels across 14 countries, and another 20 properties in the pipeline. The Hilton brand is the largest hotel brand in Egypt by number of hotels (16) and room count (6,280 rooms), spread across Cairo and all the major coastal resorts.

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

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 90 years, Hilton Worldwide has been offering business and leisure travellers 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 3,500 hotels in 81 countries and include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton, Doubletree, Embassy Suites Hotels, Hilton Garden Inn, Hampton Inn & Suites, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages the world-class guest reward programme Hilton HHonors.

The company currently operates 44 hotels in Middle East & Africa - 16 hotels in Egypt, nine hotels in the UAE, six in Saudi Arabia and one each in Oman and Kuwait, plus another 11 hotels in Africa and the Indian Ocean.

Hilton Worldwide has a signed development pipeline of an additional 20 properties across Middle East & Africa in the U.A.E, Bahrain, Qatar, Kuwait, Saudi Arabia, Lebanon, Egypt, Jordan, Equatorial Guinea, Uganda, Namibia, Nigeria and Cape Verde.