Hilton International has signed an innovative profit-linked lease agreement with the Royal Bank of Scotland plc for the five star Waldorf Hotel, situated in The Aldwych, London, to now be known as `The Waldorf Hilton`.
The 303 guest room Waldorf - shortly to complete a £25 million refurbishment to all bedrooms and public areas - combines perfectly with the Hilton brand, its heritage and reputation for quality of service. The hotel is ideally located for both The West End and The City suiting both the business and leisure traveller.
General Manager Amanda Scott and her 115 strong team will be joining Hilton on or before 31 January 2004, when the existing management agreement for the hotel expires.
Wolfgang M. Neumann, Hilton UK & Ireland Area President, said: “Hilton is delighted to be given the opportunity to operate this flagship property in central London with a strong reputation based on quality. The Waldorf Hilton will make a major contribution to our growing portfolio in London, backed by a superb team who we are pleased to welcome as Hilton colleagues.”
Hilton International (HI), an operating division of the UK based Hilton Group plc, owns the rights to the Hilton brand name throughout the world, with the exception of North America. HI operates over 400 hotels, with some 250 branded Hilton, over 150 under the mid-market Scandic brand plus 15 luxury Conrad hotels. Hilton International employs more than 44,000 staff in over 70 countries. A global marketing alliance between Hilton International and the North American based Hilton Hotels Corporation (HHC), extends the number of hotels operated by both companies worldwide to over 2,400 over 500 of which are branded Hilton.