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Hilton Hotels Corporation Announces Expansion Plans in Mexico, Latin AmericaOctober 7, 2008 By: Joe Pike
Hilton Hotels Corporation announced expansion plans to quadruple its presence in the Caribbean and Latin America by adding 150 new hotels to the portfolio over the next five years. With two developers dedicated to development in Mexico, the company is set for significant growth in the country as well.
The existing portfolio of 19 properties in Mexico spans most of the Hilton Family of brands. In Mexico, 60 hotels will be added in the next five years. Growth is expected throughout Mexico’s border cities, as well as the central and southern regions, covering all 31 states and its Federal District. The Hilton Family of Brands will expand in prime resort areas, capital and large industrial cities, as well as develop focused-service brands, such as Hampton by Hilton and Homewood Suites by Hilton, in border locations, interior commercial cities, and resort areas. The company has 20 hotels in the Mexico pipeline including Homewood Suites by Hilton hotels in Puebla and Monterrey, as well as Hampton by Hilton properties in Guadalajara, Ciudad Victoria, Centro Historico Ciudad de Mexico, Toluca, Querétaro, Los Cabos, Cancun, Guadalajara, and Tulum. Central America will see 23 new Hilton properties to the current collection of seven hotels. There will be 50 new hotels throughout South America over the next five years as well.