BUSINESS WIRE, October 30, 2006
BEVERLY HILLS, Calif.--(Hilton Hotels Corporation (NYSE:HLT) today announced the latest milestone in its expansion effort for the upscale, full-service Doubletree® hotel collection in the burgeoning China market. The Company has signed a multi-year agreement with Tianjin Automobile Industrial Group Company, one of China's largest automobile manufacturers, to manage an upscale, 360-room hotel in Tianjin, China's fourth largest city. The Doubletree by Hilton™ Hotel Tianjin is anticipated to open in this world-class city in late 2007.
The Doubletree by Hilton Hotel Tianjin will be located in the heart of this thriving business and tourism centre, 14 km from the Tianjin Binhai International Airport. Developer Tianjin Automobile will refurbish and redesign a 25-storey office building to house the Doubletree by Hilton Hotel Tianjin, as well as a shopping centre.
Amenities and services at the Doubletree by Hilton Hotel Tianjin will include 2,500 square meters (26,900 square feet) of meeting and ballroom function space and state-of-the-art business centre facilities. The hotel will feature a variety of food and beverage outlets, including all-day dining facilities, to cater for in-house guests and local banqueting events. Room and suite sizes will range from 30 to 90 square meters (320 to 950 square feet) and the hotel will feature a fitness centre.
