Hilton Worldwide Signs Agreements for Three China Properties

Hilton Worldwide this week signed three management agreements with New Huadu Industrial Group for a Waldorf Astoria-branded resort and a Hilton Hotels & Resorts property in Hainan, China, and a Hilton Hotels & Resorts property in Hunan, China. Scheduled to open between 2013 and 2014, the Waldorf Astoria Hainan Baoting Resort, Hilton Hainan Baoting Resort and Hilton Changsha East will add another 930 hotel rooms to Hilton Worldwide's fast-growing pipeline in China. Hilton has 17 operating hotels in China, with more than 70 properties in various stages of development there. Within five years, the company aims to have 100 operating hotels in China.