Conrad to Manage Shanghai's Newest Luxury Hotel; Hilton Hotels Corporation and Shanghai Li Xing Hotel Company Ltd Sign Management Contract for Conrad Shanghai.SHANGHAI -- Hilton Hotels Corporation Hilton Hotels Corporation (NYSE: HLT) is one of the leading global hospitality companies. As of April 2007 there are 2,645 hotels and 485,000 rooms employing 105,000 people in more than 80 countries. (NYSE NYSE See: New York Stock Exchange :HLT HLT See: Highly leveraged transaction ), a world-leading hospitality company, and Shanghai Li Xing Hotel Company Ltd recently announced the signing of an agreement for Hilton to manage Conrad Shanghai, Shanghai's newest and most spectacular hotel development. Scheduled to be completed in 2008, the striking Conrad Shanghai will be located in the heart of the vibrant Xintiandi district. The hotel's ultra-contemporary design has been inspired by traditional Chinese motifs and will feature 362 stylish guest rooms, a chic urban spa, state-of-the-art meeting facilities and two standalone annexes housing innovative food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. and recreational facilities. The upmarket up·mar·ket adj. Appealing to or designed for high-income consumers; upscale: "He turned up in well-cut clothes . . . and upmarket felt hats" New Yorker. Xintiandi district is part of an urban revitalisation project comprising trendy boutiques, restaurants and shops in the heart of the city centre of Shanghai, Puxi. Xintiandi also features commercial and residential properties. Commenting on the significance of the occasion, Matthew Hart Matthew Norman Hart (born May 16, 1972, Hamilton, Waikato) is a former New Zealand cricketer who played in 14 Tests and 13 ODIs from 1994 to 2002. , President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for Hilton Hotels Corporation, said: "When people think of luxury accommodation in Shanghai, they will think of Conrad. A combination of unrivalled design and the famous Conrad commitment to individualised Adj. 1. individualised - made for or directed or adjusted to a particular individual; "personalized luggage"; "personalized advice" individualized, personalised, personalized service will make Conrad Shanghai the benchmark for luxury hotels in China. "The relationship with Shanghai Li Xing Hotel Company demonstrates our commitment to providing exceptional hospitality experiences in key cities throughout China." Mr Leo Leo, in astronomy Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac. Koguan, Chairman of Shanghai Li Xing Hotel Company Ltd, added: "we are excited to work with Hilton and are delighted to work with the prestigious Conrad brand to deliver a hotel where guests can truly be themselves. Conrad Shanghai in Xintiandi will be a timeless landmark hotel in Shanghai and we are confident it will be the preferred choice for the discerning traveller." Conrad Shanghai will be the third Conrad branded hotel in China, after Conrad Hong Kong and Conrad Beijing (scheduled to open 2008). Another close hotel in the region will be the recently announced Conrad Macau. The signing ceremony was officiated by Matthew Hart, President and Chief Operating Officer for Hilton Hotels Corporation, Mr Leo Koguan, Chairman, Shanghai Li Xing Hotel Co Ltd, Wilfred Wong, Deputy Chairman for Shui On Group, Tom Keltner, President, Brand Performance and Development (Group), Hilton Hotels Corporation and Koos Klein, President - Middle East & Asia Pacific, Hilton Hotels Corporation. About Conrad(R) Hotels Conrad Hotels has 20 luxury award-winning properties in exotic and cosmopolitan destinations across the US, UK, Ireland, Belgium, Egypt, Turkey, Hong Kong, Singapore, Thailand, Indonesia, Japan, Australia and Uruguay. All offer the highest levels of service to both business and leisure travellers, delivered through the renowned "Conrad Service Culture Standards." Another seven Conrad projects are under development in the US, Dubai, Indonesia, China, Thailand and Macau for future openings in 2008. All Conrad Hotels customers benefit from the award-winning Hilton HHonors(R) reward program, where HHonors members can earn Points & Miles(R) for every qualifying stay. Conrad Hotels is the most global luxury brand of Hilton Hotels Corporation. For further information on Conrad Hotels and bookings, please visit www.ConradHotels.com; www.ConradHotels.jp; www.ConradMeetings.com. About Hilton Hotels Corporation Hilton Hotels Corporation (NYSE:HLT) is the leading global hospitality company, with nearly 2,800 hotels and 475,000 rooms in more than 80 countries, including 150,000 team members worldwide. The company owns, manages or franchises a hotel portfolio of some of the best known and highly regarded brands, including Hilton(R), Conrad(R), Doubletree(R), Embassy Suites Hotels Embassy Suites Hotels is a chain of hotels, which specializes in suite-style rooms that is owned by Hilton Hotels Corporation. Embassy Suites is an upscale chain of all-suite hotels. All guest rooms of this chain feature a separate living area as well as a sleeping area. (R), Hampton Inn(R), Hampton Inn & Suites(R), Hilton Garden Inn Hilton Garden Inn is the name of a chain of hotels operated by Hilton Hotels Corporation. Hilton Garden Inns are considered to be upscale, mid-priced hotels that are designed for both business and leisure travelers. The hotel brand is similar to that of the Courtyard by Marriott brand. (R), Hilton Grand Vacations(TM), Homewood Suites by Hilton(R), Scandic scan·di·um n. Symbol Sc A silvery-white metallic element found in various rare minerals and separated as a byproduct in the processing of certain uranium ores. and The Waldorf=Astoria Collection(TM). For more information, please visit www.hiltonworldwide.com. About Shanghai Li Xing Hotel Company Shanghai Li Xing Hotel Limited is a joint venture between Shanghai Hotel Investments Limited and Shui On Private Group. Both groups are private investment companies active in the People's Republic of China especially in the Shanghai real estate market. For further information on Li Xing Hotel Limited, please contact Humbert Pang, Executive Director, Shanghai Li Xing Hotel Limited at humbertp@shi.com. |
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