International. Hilton Worldwide announced its expansion plans for Latin America over the next two years. According to the company, by the end of 2016 the hotel chain will have about 40 new hotels in the region, which will mean a growth of 60 percent in its hotel portfolio.
Hilton Worldwide currently has nearly 12,000 rooms in 62 hotels and resorts throughout Latin America. These figures include the recent openings of hotels such as Hilton Panama, with 347 rooms, and Hampton by Hilton Cali in Colombia, with 105 rooms. In addition, the company's development plans maintain constant growth, so more than 6,000 new rooms are anticipated in the future.
While Hilton plans to develop all of its properties, there is increased interest in its focused service brands: Hampton Hotels and Hilton Garden Inn. Currently, these two brands represent approximately 75% of the projects under development in Latin America.
As of the second quarter of 2014, the list of projects under development includes 43 hotels, including:
- Hampton Hotels in Colombia, Mexico and Panama
- Hilton Garden Inn in Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Peru and Uruguay
- Hilton Hotels & Resorts in Argentina, Brazil, Panama and Mexico
- DoubleTree by Hilton in Chile and Mexico
- Conrad Hotels & Resorts in Colombia
"Hilton Worldwide continues to go through a period of significant global expansion, Latin America plays a dominant role in this development and we are committed to maintaining this trend in the region," said Tom Potter, senior vice president, Hilton Worldwide,Caribbean, Mexico and Latin America.
"Thanks to its stable and growing economies, Latin America has excellent opportunities," the official added.
