Country Garden Hotels Group and Hilton in strategic partnership
The partnership, formalized during a signing ceremony in Shanghai with Hilton CEO Christopher J. Nassetta and the representative from Country Garden, sees an initial six hotels owned by Country Garden now trading as Hilton branded properties or in the pipeline.
As one of China's largest property developers, Country Garden has an existing portfolio of over 120 hotels in trading, under construction, and planning.
Hilton has a portfolio of 470 hotels operating or under development in China. A total of 226 hotels are currently under construction.
The group recently expanded its footprint across the country with opening of two new Hampton by Hilton properties—the Hampton by Hilton Shunde Longjiang, Foshan and the Hampton by Hilton Suzhou Xiangcheng District—in April 2018.
Hilton also brought its Hilton Hotels & Resorts brand to Northeast China for the first time in January 2018 through the opening of the Hilton Shenyang.
The 329-room hotel owned by Shimao Group and managed by Hilton is near the local commercial centers, the transit hub and several tourist attractions. ■