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Caribbean-On-Line » Caribbean Travel News » Hotels » Hilton planning many new hotels in the Caribbean

Hilton planning many new hotels in the Caribbean

Sort of seems against the current financial news tide - but Hilton is on record that they are planning to build a lot of new hotels in the Caribbean:

Hilton Hotels Corp. will quadruple its presence in the Caribbean and Latin America with 150 new hotels over the next five years, according to Steve Goldman, president of global development and real estate.

Hilton also has launched a new development structure, made up of six dedicated staff, to lead the efforts in its portfolio expansion and to help reach Hilton's stated goal of adding 1,000 hotels to its international portfolio in 10 years.

"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," Goldman said.

Hilton currently has 51 hotels throughout the Caribbean and Latin America and 42 in the pipeline.

Full article is here.




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