Hilton Worldwide today announced the signing of two management agreements with TCC Hotel Group a subsidiary of TCC Land Group for a new build Hilton Hotels & Resorts hotel and a conversion project to be rebranded as a DoubleTree by Hilton hotel. Both properties are due for completion in 2012. TCC Land Group is a leading real estate company in Thailand with diverse sectors including residential, office buildings, retail, and hospitality.
The two hotels will be located in Sukhumvit area, Bangkok's main lifestyle, entertainment and residential area. The hotels will be a short walk from the Phrom Phong sky train station and adjacent to the popular Emporium Shopping Complex.
Including these two new hotels in Bangkok, Hilton Worldwide portfolio in Thailand now features five hotels currently open to the world's travellers and three additional hotels to open in the country during the next two years.
Andrew Clough, Senior Vice President of Development - Middle East & Asia Pacific, Hilton Worldwide, said, "TCC Land Group is a very substantial hotel owner, operator and real estate investor both in Thailand and abroad. These agreements are the first collaboration with TCC and we are delighted to have secured this mandate from such a prominent group. This collaboration will also enable us to bring to bear the strength of Hilton Worldwide brands, and capture a broader market segment through the introduction of the DoubleTree by Hilton brand, which will bring a relaxed, lively and refreshing option to the current hospitality offerings in Bangkok."
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