Hilton signed an agreement with Suzhou Chinaing for Conrad hotel
Christopher J. Nassetta, President & CEO of Hilton Worldwide said, “Hilton Worldwide currently operates 17 hotels in nine cities across China. We have more than 70 properties under various stages of development. These 70 properties are spread throughout China’s key gateway and emerging cities. Our entry into Suzhou is in line with our strategy to entrench our presence in the primary cities while we continue to seek out growth opportunities in the developing destinations.”
“Suzhou Industrial Park is one of the most well-planned and mature industrial parks in China. The introduction of our Conrad brand to Suzhou will bring to bear the strength of our brand and the reputation of Hilton Worldwide’s hotel management expertise,” he added.
Suzhou Chinaing Real Estate Co., Ltd is part of the Tiandi and Dongfang Groups, which combines core expertise in new and high technology, real estate, culture and education, as well as business services. Made up of more than 20 companies, the combined assets of Tiandi and Dongfang Groups are worth more than RMB 3 billion, making them a strong and reputably large and modern joint-stock enterprise group.
Mr Yang Xiu, Chairman of Suzhou Chinaing Real Estate Co., Ltd said, “Hilton Worldwide is undoubtedly one of the most influential and well-known international global hotel operators in China. Combining Hilton Worldwide’s world renowned management expertise with our track records in real estate and hotel development, we are confident that Conrad Suzhou will be an iconic representation of award-winning hospitality and service.”
Conrad Suzhou will be part of a mixed-use skyscraper development designed to shape like an oriental gate. The development is touted to be the most iconic building in Suzhou once it is completed.
Conrad Suzhou will be located in the heart of the Suzhou Industrial Park (SIP) on the west of Jinji Lake. Suzhou is well-served by air transportation via Shanghai and land transportation systems including the Jiangsu-Shanghai Expressway, the Yangtze Riverine Expressway, and the Suzhou-Jiaxing-Hangzhou Expressway. Accessibility to SIP has also been made more convenient by the Suzhou mass rapid Metro system.
Hilton Worldwide currently operates 17 hotels and resorts under four brands across nine cities in China; Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts and DoubleTree by Hilton. It also has more than 70 properties under various stages of development across its portfolio of brands in China.