Hilton To Increase Its
Costa Rica Portfolio
Hilton Hotels
Corporation has
announced expansion
plans to quadruple its
presence in the
Caribbean and Latin
America by adding 150
new hotels to the
portfolio over the next
five years. This news
underscores the
company's stated goal to
add 1,000 hotels to its
international portfolio
in ten years.
Steve Goldman,
president, global
development & real
estate, for Hilton
Hotels Corporation,
explained: "Expanding
our global platform is a
strategic priority for
Hilton. We are focusing
on accelerating the
growth of our
international management
and franchise business
by securing strategic
development agreements
and employing resources
in international
markets.
"This is the most
exciting time in the
company's history and
there are tremendous
opportunities which we
are acting on to
accomplish our ambitious
plans."
Hilton Hotels
Corporation recently
debuted three hotels and
resorts in Costa Rica
and has six approved
deals in the Central
America pipeline.
Opened in January 2008,
the company welcomed
three hotels to Costa
Rica: Hilton Papagayo
Costa Rica Resort & Spa;
Doubletree Resort by
Hilton Costa Rica -
Puntarenas; and
Doubletree Cariari by
Hilton San Jose.
Recently approved
transactions in Costa
Rica include: Hilton San
José, Embassy Suites by
Hilton San José, and
Hilton Garden Inn
Liberia Airport,
which opens later this
year. |
