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Mar. 5, 2009 (China Knowledge) - US-based Hilton Hotels Corp yesterday announced plans to open a luxury hotel on the Bund Shanghai, one of the most famous tourist destinations in the city, sources reported. The hotel giant has obtained management contracts from Shanghai New Union Building Co Ltd to convert existing boutiques in two historic buildings into a 266-room hotel under its luxury Waldorf Astoria brand. Martin Rinck, president for Hilton Hotels Asia Pacific operations, said the hotel group is excited to open its first Waldorf Astoria hotel in Asia in such a perfect location and holds a positive view of the long-term business earnings in China. Hilton Hotels Corp will leave the property renovation work to Hirsch Bedner Associates, a leading hospitality interior design firm. Copyright © 2009 www.chinaknowledge.com Send feedback or comments to: news@chinaknowledge.com For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI |
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