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November 25, 2021

Hilton expands luxury footprint with two management agreements

Hilton currently has 30 hotels across its Waldorf Astoria, Conrad and LXR brands in Asia Pacific.

Global hospitality company Hilton is continuing its luxury growth in Asia-Pacific with two new management agreements in China and Japan.

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The two properties are Waldorf Astoria hotel in Osaka, Japan and Conrad hotel in Chongqing, China.

The agreements were signed with Orix Real Estate and Chongqing Jiafa Industrial.

The two hotels will complement the company’s 30 hotels operating under the company’s group of luxury brands including Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts and LXR Hotels & Resorts.

Hilton Asia Pacific president Alan Watts said: “For more than a century, Hilton has thrived in key destinations all over the world, even through some of the most challenging periods in history.

“The strong growth momentum in Asia demonstrates the resilience of Hilton’s luxury brands amidst a dynamic operating landscape as a result of the Covid-19 pandemic.

“It also signals great confidence from the owner and investment communities in the strength of our luxury brands.

“We are confident that together with our partners, Hilton will emerge from this pandemic stronger than before as we continue to deliver the light and warmth of hospitality to our guests and capture growth opportunities across key destinations for our owners.”

The signings come a year after Hilton signed the Waldorf Astoria Tokyo Nihonbashi, and the opening of Waldorf Astoria Xiamen.

In April this year, the company also signed four luxury hotels in China with real estate development company Shimao Group Holdings.

Earlier this month, Hilton opened its first property in Nagasaki, Japan.

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Analyze the future impact of Beijing 2022

What will Beijing 2022 mean for China's winter sport tourism industry in the coming years?   GlobalData’s report provides you with an overview of the potential impact of Beijing 2022 in a COVID-19 world. It offers a deep look at the potential impact the Games will have on domestic and international tourism. Use our analysis to: 
  • Assess how COVID-19 is impacting major international sporting events and the tourism industry 
  • Understand why China is investing in winter sports tourism and assess the prospects of this niche tourism segment 
  • Look at the impact the Games are having on tourism advertising activity 
 Download the full report to understand what to expect and how to align your business for success.     
by GlobalData
Enter your details here to receive your free Report.

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