SHANGHAI and MCLEAN, Va. - Hilton Worldwide has signed a management agreement with Suzhou Chinaing Real Estate Co., Ltd for the first Conrad hotel in Jiangsu, China. Scheduled to open its doors in 2013, the 290-room Conrad Suzhou marks Hilton Worldwide's entry into Suzhou, a dynamic Chinese ancient city known for its rich history and vibrant economy. Popularly known as 'Venice of the East', Suzhou is a significant light industrial and commercial city on the lower reaches of the Yangtze River and the shores of Taihu Lake in the Jiangsu Province.
Christopher J. Nassetta, President & CEO of Hilton Worldwide said, "Hilton Worldwide currently operates 17 hotels in nine cities across China. We have more than 70 properties under various stages of development. These 70 properties are spread throughout China's key gateway and emerging cities. Our entry into Suzhou is in line with our strategy to entrench our presence in the primary cities while we continue to seek out growth opportunities in the developing destinations."
"Suzhou Industrial Park is one of the most well-planned and mature industrial parks in China. The introduction of our Conrad brand to Suzhou will bring to bear the strength of our brand and the reputation of Hilton Worldwide's hotel management expertise," he added.
Suzhou Chinaing Real Estate Co., Ltd is part of the Tiandi and Dongfang Groups, which combines core expertise in new and high technology, real estate, culture and education, as well as business services. Made up of more than 20 companies, the combined assets of Tiandi and Dongfang Groups are worth more than RMB 3 billion, making them a strong and reputably large and modern joint-stock enterprise group.
Mr Yang Xiu, Chairman of Suzhou Chinaing Real Estate Co., Ltd said, "Hilton Worldwide is undoubtedly one of the most influential and well-known international global hotel operators in China. Combining Hilton Worldwide's world renowned management expertise with our track records in real estate and hotel development, we are confident that Conrad Suzhou will be an iconic representation of award-winning hospitality and service."
Conrad Suzhou will be part of a mixed-use skyscraper development designed to shape like an oriental gate. The development is touted to be the most iconic building in Suzhou once it is completed.
Conrad Suzhou will be located in the heart of the Suzhou Industrial Park (SIP) on the west of Jinji Lake. Suzhou is well-served by air transportation via Shanghai and land transportation systems including the Jiangsu-Shanghai Expressway, the Yangtze Riverine Expressway, and the Suzhou-Jiaxing-Hangzhou Expressway. Accessibility to SIP has also been made more convenient by the Suzhou mass rapid Metro system.
Hilton Worldwide currently operates 17 hotels and resorts under four brands across nine cities in China; Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts and DoubleTree by Hilton. It also has more than 70 properties under various stages of development across its portfolio of brands in China.
About Conrad Hotels & Resorts
Conrad Hotels & Resorts is the destination for the new generation of smart luxury travelers for whom life, business, and pleasure seamlessly intersect. Conrad offers its guests an innovative way to Stay Inspired through a curated collections of 1-hour, 3-hour, or 5-hour experiences, available through www.stayinspired.com or through the intuitive www.StayInspired.com or through the intuitive Conrad Concierge mobile app. Consisting of 29 properties across five continents, Conrad is part of Hilton, a leading global hospitality company. Connect with Conrad by booking at www.conradhotels.com. Learn more about the brand by visiting news.conradhotels.com or following us on Facebook, Instagram, and Twitter (@conradhotels).
Hilton (NYSE: HLT) is a leading global hospitality company, with a portfolio of 14 world-class brands comprising more than 4,900 properties with over 800,000 rooms in 104 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 - A 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.