Hilton Worldwide Signs Management Agreement With China’s Leading Property Developer In Zhejiang For Fourth Hilton Hotel In Beijing

310-Room Hilton Beijing Tongzhou Scheduled To Open In 2013

This information originated in American English.

March 16, 2011

SHANGHAI, China and MCLEAN, Va. - Hilton Worldwide announced today the signing of a new management agreement with Greentown China Holdings Ltd., a leading property developer in Zhejiang Province. The agreement linked with its subsidiary, Beijing East Greentown Real Estate Co., Ltd will see a new Hilton Hotels & Resorts hotel in China's capital city. The 310-room Hilton Beijing Tongzhou is scheduled to open in 2013 in Tongzhou New City, southeast of Beijing. This will be the fourth management agreement signed with Greentown China Holdings to date.

Martin Rinck, area president, Asia Pacific, Hilton Worldwide said, "As the eastern gate-way to Beijing, Tongzhou has been earmarked for exciting development in its industrial and retail sectors which is expected to bring an influx of corporate and leisure travelers. The new Hilton Beijing Tongzhou will be well positioned with its excellent city center location, top quality accommodation and facilities to leverage on these tourism and hospitality opportunities."

Dave Horton, global head, Hilton Hotels & Resorts said, "The introduction of our fourth Hilton hotel in the capital city of Beijing signals that the Hilton Hotels & Resorts brand is well regarded in the competitive Chinese market. We are confident of the brand's potential for further growth in this dynamic region."

Andrew Clough, senior vice president of development, Middle East & Asia Pacific, Hilton Worldwide said, "China's capital city remains an attractive development market as it continues to enjoy strong international and domestic travel. As China's political, cultural and education center, and the country's key gateway city for international flights, Beijing forms an important part of Hilton Worldwide's expansion plan in China."

Wang Zhao Hui, general manager, Beijing East Greentown Real Estate Co., Ltd. said, "As an existing partner of Hilton Worldwide, Greentown China Holdings is delighted to sign on another Hilton property. With Hilton Worldwide's world-renowned hotel management expertise and our reputation for delivering high quality real estate products and services, we are confident that Hilton Beijing Tongzhou will be an icon of award-winning hospitality and service."

Greentown China Holdings Ltd., headquartered in Hangzhou, Zhejiang Province, is one of the leading property developers in China. It operates in three sectors: property development, hotel operations and other businesses including sales of construction materials, electronic engineering, design and decoration.

Hilton Worldwide currently operates 17 hotels and resorts under four brands in China; Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts and DoubleTree by Hilton. It also has more than 60 properties under various stages of development across its portfolio of brands in China.

Tingting Gao
Hilton Worldwide, Asia Pacific
+86 139 1809 1191

John Forrest Ales
Hilton Hotels & Resorts
+ 1 703 883 5212

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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 Facebook, Twitter, LinkedIn, Instagram, and YouTube.