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Conrad to make European resort debut

Conrad Hotels & Resorts, is set to
open its first resort hotel in Europe after announcing the signing of a
management agreement with Grupo IMOCOM for a Conrad in the Algarve,
Portugal, near to the renowned Quinta Do Lago resort.
Located in one of the most exclusive resort developments on the Algarve,
the Conrad hotel will feature approximately 158 guest rooms and suites
designed to reflect a contemporary Portuguese style. The hotel, situated in
a prime seven hectare mixed development site approximately 10km from Faro
International Airport, will enjoy a key position close to some of the
world’s most famous golf courses when it opens in 2010.

The hotel will be set amongst extensive landscaped gardens and terraces,
featuring several swimming pools and lakes, and guests will be able to
enjoy a luxurious 1500 square metre spa and health club. The hotel will
feature a selection of restaurants offering some of the best Portuguese and
international cuisine, together with a stylish wine and cocktail bar with
an alfresco terrace.


The Conrad will also cater for exclusive meetings and events, with over
1,400 square metres of dedicated space. Facilities will include a selection
of fully equipped Conrad meeting rooms, a 24-hour business centre, as well
as a large ballroom with access to private gardens.



With the addition of this new Conrad, Hilton Hotels Corporation (HHC) will
now offer two resorts on the Algarve, following the recent opening of the
Hilton Vilamoura As Cascatas Golf Resort & Spa in July. This latest
announcement further consolidates the strong growth of the Hilton Family of
Hotels across Europe, and also strengthens HHC’s partnership with Grupo
IMOCOM, the owners of the Vilamoura resort.


Commenting on the signing Wolfgang M. Neumann, Area President of HHC -
Europe, said: “The Iberian Peninsula is one of our key growth markets where
we have expanded from one hotel in 1990 to five today - three of which
opened this year alone. By 2010 we expect to be operating eight properties
across this region and continue to see significant potential for further
expansion. Following the successful opening of the Hilton Vilamoura As
Cascatas Golf Resort & Spa this summer, we are delighted to be partnering
with Grupo IMOCOM once again to launch our prestigious Conrad brand in the
Iberian Peninsula.”


Neumann continued: “Tourism in the region is set to grow from €5 billion
today to over €7billion over the next seven years, and we believe that our
new Conrad will cater for the significant demand for luxury accommodation
in this destination.”


Richard Blamey, Senior Vice President Brand Management, Conrad Hotels &
Resorts, added: “This hotel will be a wonderful addition to Conrad’s
international portfolio when it opens in 2010 and will be the first Conrad
resort in Europe. It will complement our other resorts including the Conrad
Bali Resort &Spa and the forthcoming Conrad Maldives Rangali Island, which
joins Conrad Hotels & Resorts in December 2007. Other exciting projects
under development include Shanghai, Koh Samui, Abu Dhabi, Dubai, the
Bahamas and Buenos Aires.”


This year Hilton Hotels Corporation has opened three new properties in the
Iberian Peninsula including the Hilton Buenevista Toledo and Hilton
Valencia in Spain and the Hilton Vilamoura As Cascatas Golf Resort & Spa in
Portugal. The opening of this new hotel in Portugal will bring Conrad’s
European portfolio to five, with other Conrad hotels located in Brussels,
Istanbul and both Dublin and Kilkenny in Ireland.