Hilton Developing 10 Hotels in India
Hilton Hotels Corporation (NYSE: HLT) has announced that its joint venture company with DLF plans to develop 10 hotel projects in India, under the full service Hilton brand, business hotel brand, Hilton Garden Inn and long stay brand, Homewood Suites by Hilton. The announcement marks the first stage of development for the Hilton-DLF joint venture company which will culminate in the opening of the first Hilton Garden Inn hotel in Saket in 2008.
Ian Carter, executive vice president and CEO Hilton International Operations was in Delhi this week and commented, “We are delighted with the substantial progress of our joint venture company with DLF in India. Having identified 20 key sites in India, we are moving quickly toward to realizing our goal of becoming a household name in India in the next 5 years, with the first 10 hotel projects underway. We are very confident in our partnership with DLF”. Read more