Hilton signs agreement for 15 hotels in Turkey
Hilton Hotels Corporation has signed an agreement with Amplio Real Estate Investment and Development A.Ş., that envisages establishing 15 new hotels with room capacity of 2,500 in various locations around Turkey.
The first hotels to be managed by Hilton will be Hampton by Hilton and Hilton Inn hotels in Manisa and Diyarbakır and are expected to be complete within five years.
Hilton Hotels European President Wolfgang M. Neumann stressed that signing such "multi-hotel" agreements strengthens the corporation's leading position in hotel management and these agreements is a sign of the firm's strategy in emerging markets that are key points like Turkey. He described the agreement with Amplio as an approach to their goal of opening 1000 new hotels in the next 10 years.