Hilton Worldwide to expand luxury portfolio in China

Hilton Worldwide announced the signing of a management agreement with Chengdu Yincheng Property Co., for western China’s first Waldorf Astoria branded hotel in Chengdu, capital of Sichuan Province.

Scheduled to open in the second quarter of 2016, the 300-room Waldorf Astoria Chengdu will be the fifth Waldorf Astoria in China, following the opening of Waldorf Astoria Shanghai on the Bund in 2011, as well as the planned openings of Waldorf Astoria Beijing in 2013 and Waldorf Astoria Baoting and Waldorf Astoria Sanya, both on Hainan Island in 2015 and 2016.

The hotel will be located right at the heart of the Chengdu Tianfu New Area, opposite Chengdu Tianfu International Financial Center. The area has been earmarked to become a second city center and is also home to the South Chengdu Hi-Tech Development Zone. At over 720 feet, the hotel will form part of a mixed-used development occupying the top 15 floors, with service apartments in the lower part of the building.

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