Hilton Hotels Corp Sign First Doubletree in China

Hilton Hotels Corporation announced a multi-year agreement with Tianjin Automobile Industrial Group Company, one of China's largest automobile manufacturers, to manage an upscale, 360-room Doubletree hotel in Tianjin, China's fourth largest city. The Doubletree by Hilton Hotel Tianjin is anticipated to open in late 2007 about 10 miles from the Tianjin Binhai International Airport. The developer will refurbish and redesign a 25-story office building to house the hotel as well as a shopping center.