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NEWS | Hilton Worldwide Signs Development Agreements for Four New Hotels in Turkey

Hilton Worldwide today announced the signing of development agreements to open four new hotels in locations across Turkey, taking its development pipeline to 13, and the number of hotels, either operating or under development in the country, to 33. The announcement was made during the 2012 Central Asia and Turkey Investment Conference (CATHIC).
Simon Vincent, area president, Europe, Hilton Worldwide, said, "Over the last year we have opened a record number of hotels across Turkey. In the last few months alone we have opened our first Hampton by Hilton and fifth Hilton Garden Inn, extending our portfolio of brands and globally renowned hospitality. Momentum will continue this year with the substantial refurbishment of the Conrad Istanbul, as well as the opening of a further 10 hotels. By the end of 2013 we expect to have 33 hotels operating in Turkey, and we see further opportunity to expand our presence in what is undoubtedly one of Europe's key development markets." The news follows a record year which saw Hilton Worldwide open eight hotels in Turkey, with 10 expected to open in the coming 12 months under the company's upscale Hilton and DoubleTree by Hilton brands, and its mid-scale Hilton Garden Inn and Hampton by Hilton brands. Globally, Hilton Worldwide has become the fastest growing major hotel company, expanding its portfolio by 29 percent since June 2007 and surpassing its competitors in total rate of room growth.[i] Patrick Fitzgibbon, senior vice president, development, Europe & Africa, Hilton Worldwide, said, "With Turkey accounting for 5% of all Hilton Worldwide global openings in 2011, record numbers of international visitors have helped fuel the rapid expansion of Hilton Worldwide. Turkey continues to be one of our strategic development markets and we're delighted to announce four new hotel signings today, helping increase our presence in what is a dynamic, growing market." DoubleTree by Hilton Malatya - This new build hotel is expected to open in late 2012 and will be in a prime location in the centre of Malatya, in close proximity to the Town Hall and a premium shopping mall. DoubleTree by Hilton Malatya will feature 157 bedrooms, an all-day dining restaurant and lobby bar, spa and health club, as well as significant events space of more than 1000 square meters. The hotel will join the portfolio following the signing of a management agreement with MGG Malatya Girisim Grubu Tekstil Turizm Enerji Insaat ve Ticaret A.S.

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