Hilton Worldwide Signs Agreement to Develop First Hilton Hotels & Resorts Property in Yuxi, Yunnan, China
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Hilton Worldwide Signs Agreement to Develop First Hilton Hotels & Resorts Property in Yuxi, Yunnan, China
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Category: Asia Pacific - China - Industry economy
- Hotel projects
This is a press release selected by our editorial committee and published online for free on 2011-07-19
350-room Hilton Yuxi Fuxian Lake Resort scheduled to open in 2013
Hilton Worldwide today announced the signing of a management agreement with Yunnan Chengjiang Great Eagle Resort Co., Ltd. for the first Hilton Hotels & Resorts hotel in Yuxi city, Yunnan Province, China. Comprising 350 rooms, Hilton Yuxi Fuxian Lake Resort is scheduled to open in 2013. It will also mark Hilton Worldwide's entry into central Yunnan Province, the top tourist destination in China.
Martin Rinck, president, Asia Pacific, Hilton Worldwide, said, "As a popular getaway destination for domestic travelers, Yunnan Province is experiencing a growing demand for quality, upscale accommodation options. With its scenic location, comprehensive facilities and the Hilton signature services, we are confident that Hilton Yuxi Fuxian Lake Resort will be a great choice for local, intra-regional and international travelers."
"With more than 20 years of brand presence in the Chinese market, Hilton has become one of the most recognised hotel brands in the country. We look forward to showcasing the best of our leisure offerings in Yuxi city of Yunnan Province," said Dave Horton, global head of Hilton Hotels & Resorts.
Yunnan Chengjiang Great Eagle Resort Co., Ltd. is a vehicle company, 90 percent held by Yunan Chengtou Huashang Zhijia Development and investment Co., Ltd. Huashang has a registered capital of RMB 200 million. The remaining 10 percent is held by Mission Hill China Co., Ltd., which specializes in city infrastructure, residences, commercial and tourism real estate development across the country.
Mr. XU Lei, Chairman of Yunnan Chengjiang Great Eagle Resort Co. Ltd. said, "As the top real estate developer in Yunnan Province, Chengjiang Great Eagle Resort Co., Ltd. also has considerable hotel development experience as we own four international branded hotels. We believe that the Hilton Yuxi Fuxian Lake Resort will bring mutual benefits to the two parties in the long run and help in the development of the local tourism sector in Yuxi."
Hilton Yuxi Fuxian Lake Resort will be located at the northeast bank of Fuxian Lake, enjoying stunning views of Fuxian Lake in the front, and small hills, which will be developed into golf courses at the back. Fuxian Lake is one of the lakes with the best water quality among the inland freshwater lakes of China and is called the Pearl of the Plateau in Yunnan. Yunnan Provincial Party Committee and Provincial Government have positioned Fuxian Lake as a world-class tourist destination and as a high-end tourism platform, connecting the new Yunnan and Big Kunming Area with the rest of China and South-East Asia.
Andrew Clough, senior vice president, development, Middle East & Asia Pacific, Hilton Worldwide, said, "We are excited to be able to announce the addition of Hilton Yuxi Fuxian Lake Resort to add to our rapidly growing portfolio of dedicated resorts in China. The addition of resort hotels to our estate in China is a keen focus of Hilton Worldwide in China and is seen to be tremendously complimentary to our fast growing city centre hotel business and presents a wonderful opportunity to extend the product mix of Hilton Hotels & Resorts."
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 80 properties under various stages of development across its portfolio of brands in China.
About Hilton Hotels & Resorts
One of the most recognized names in the industry, Hilton Hotels & Resorts stands as the stylish, forward thinking global leader in hospitality. From inaugural balls and Hollywood award galas to business events and days to remember, Hilton is where the world makes history, closes the deal, toasts special occasions and gets away from it all. The flagship brand of Hilton Worldwide continues to build upon its legacy of innovation by developing products and services to meet the needs of tomorrow's savvy global travelers while more than 144,000 Team Members shape experiences in which every guest feels cared for, valued and respected. Today, the Hilton Hotels & Resorts portfolio includes more than 540 hotels in 78 countries and the brand remains synonymous with "hotel." Access the latest Hilton news at www.hiltonglobalmediacenter.com or begin your journey at www.hilton.com. Social media users can engage with Hilton at www.twitter.com/hiltononline, www.facebook.com/hilton and www.youtube.com/hilton. Hilton Hotels & Resorts is one of Hilton Worldwide’s ten market-leading brands.
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 92 years, Hilton Worldwide has been offering business and leisure travelers 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 3,750 hotels and 615,000 rooms in 84 countries and include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages the world-class guest reward program Hilton HHonors®.
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