Hilton and Country Garden Hotels Group Form Strategic Partnership for Conversion of Properties to Hilton Brands

/Hilton and Country Garden Hotels Group Form Strategic Partnership for Conversion of Properties to Hilton Brands

Hilton and Country Garden Hotels Group Form Strategic Partnership for Conversion of Properties to Hilton Brands

|2018-05-23T13:15:49-05:00May 23rd, 2018|

SHANGHAI and McLean, Va., May 23, 2018 — Hilton (NYSE: HLT) and Country Garden Hotels Group have announced a strategic partnership which will see numerous Country Garden hotel properties managed by Hilton, primarily with its DoubleTree by Hilton and Hilton Garden Inn brands.

The partnership, formalized during a signing ceremony attended in Shanghai by Hilton CEO Christopher J. Nassetta and Country Garden Vice President Xie Shutai, sees an initial six hotels owned by Country Garden now trading as Hilton branded properties or in the pipeline. As one of China'slargest property developers, Country Garden has an existing portfolio of over 120 hotels in trading, under construction, and in planning.

"Country Garden is a widely admired property developer and we are thrilled to be extending our partnership with them," said Nassetta. "Ultimately, our goal is to provide exceptional experiences to our guests wherever they may be, and through this partnership, we have an opportunity to bring Hilton's signature hospitality to even more locations across the country."

A Country Garden Hotels Group representative said, "Country Garden, as the practitioner of China'snew urbanization process, has been striving to meet peoples' demands for increased quality of education, tourism, and life as a whole. In cooperation with Hilton, Country Garden built two highly-regarded benchmark city hotels in Wuhan and Foshan, Hilton Wuhan Optics Valley and Hilton Foshan. These have now become the best choice for local tourists to do business and spend their vacation in quality comfort. In pursuing the same vision of promoting China's tourism and leisure industry, Country Garden Hotels Group and Hilton will work together to deepen cooperation, share their individual advantages, and bring more regions and consumers quality tourism and accommodation experiences."

New hotels included in the partnership deal include DoubleTree by Hilton Hainan Lingshui,DoubleTree by Hilton Guangzhou Zengcheng, and Hilton Zhengzhou Xingyang.

Hilton currently has 470 hotels either trading or under development in China, with 266 being actively under construction.

About Hilton

Hilton (NYSE: HLT) is a leading global hospitality company, with a portfolio of 14 world-class brands comprising more than 5,300 properties with more than 863,000 rooms, in 106 countries and territories. Hilton is dedicated to fulfilling its mission to be the world's most hospitable company by delivering exceptional experiences - every hotel, every guest, every time. The company's portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages an award-winning customer loyalty program, Hilton Honors. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose exactly how many Points to combine with money, an exclusive member discount that can't be found anywhere else, and free standard Wi-Fi. Visit newsroom.hilton.com for more information, and connect with Hilton on FacebookTwitterLinkedInInstagram and YouTube

Contact: Katherine Zhao

[email protected]/+86 (21) 2321 6996

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