Hilton Worldwide has signed a management agreement with Premier Hotels & Resorts to manage Hilton Dhaka, Bangladesh in central Dhaka, the capital city of Bangladesh.

The agreement will see the first Hilton Hotels & Resorts property in Bangladesh and marks Hilton Worldwide’s entry into the country.

Scheduled to open in 2015, the 250-room Hilton Dhaka, Bangladesh is located in Gulshan Avenue, the central business district and commercial zone of Dhaka city and home to majority of the city’s embassies, high commissions and key multi-national companies.

“We have been expanding aggressively across Asia Pacific with a wide range of award-winning brands, and this is a significant milestone for us as it marks both Hilton Worldwide’s and the Hilton brand’s entry into Dhaka, a key financial hub and one of the fastest growing cities in the world.

“With a strong partner like Premier Hotels & Resorts, we are confident that Hilton Dhaka, Bangladesh will compete well with the existing international and local hotel supply,” said Andrew Clough, senior vice president, development, Middle East & Asia Pacific, Hilton Worldwide.

Easily accessible from Hazrat Shahjalal International Airport (formally known as Zia International Airport), Hilton Dhaka, Bangladesh is located on the main Gulshan Avenue, a preferred residential area for expatriates and diplomats due to its high concentration of upscale residences, restaurants, international schools and recreational facilities.