Tuesday, May 30, 2023

Hilton Plans to Extra Than Double Puerto Rican Portfolio

MCLEAN, Virginia—Hilton introduced plans to greater than double its portfolio in Puerto Rico, a vacation spot that represents Hilton’s largest assortment of resorts within the Caribbean, with seven current properties encompassing greater than 2,350 rooms throughout 4 of Hilton’s manufacturers. Hilton’s pipeline of resorts underneath growth in Puerto Rico additionally represents the biggest of Hilton’s Caribbean progress markets by variety of resorts.

“Puerto Rico performs a essential function in Hilton’s historical past, because it kick-started the corporate’s international progress when it welcomed Hilton’s first lodge exterior the continental United States in 1949 with the opening of the enduring Caribe Hilton,” mentioned Pablo Maturana, vice chairman, growth, Caribbean and Latin America, Hilton. “Almost 75 years later, our deep-seated dedication to Puerto Rico is as sturdy as ever, as we plan to introduce Hilton’s manufacturers in new locations throughout the island of enchantment.”

As a precedence for Hilton within the Caribbean, the corporate’s growth pipeline of almost 10 resorts in Puerto Rico has 5 new-to-market manufacturers, with plans to introduce the primary Curio Assortment by Hilton, Tapestry Assortment by Hilton, Hilton Backyard Inn, Tru by Hilton, and Homewood Suites by Hilton to the island. With these additions, Hilton’s portfolio of resorts would greater than double by the tip of 2025, bringing the corporate’s provide to 16 resorts and resorts encompassing almost 4,400 rooms throughout eight manufacturers in Puerto Rico.

Hilton plans so as to add a number of resorts throughout its way of life class of manufacturers, together with:

  • Tapestry Assortment by Hilton is anticipated to make its debut later this 12 months with the 186-room Condado Palm Inn San Juan, Tapestry Assortment by Hilton.
  • Curio Assortment by Hilton plans to welcome its first lodge to the island in 2025, with the 332-room San Juan Condado Plaza, Curio Assortment by Hilton, which can debut following a renovation as a part of a dual-branded conversion that sees The Condado Plaza Hilton towers renewed as a Curio Assortment by Hilton and a Hilton Backyard Inn.

The corporate can be increasing its focused-service manufacturers, together with:

  • The primary Hilton Backyard Inn lodge in Puerto Rico is anticipated to debut later this 12 months with the 240-room Hilton Backyard Inn San Juan Condado, which varieties a part of the dual-branded renovation and conversion of The Condado Plaza Hilton. A second Hilton Backyard Inn property, the 153-room Hilton Backyard Inn Dorado, is slated to affix the portfolio in 2025.
  • The primary Tru by Hilton property on the island is anticipated in 2025, with the 77-room Tru by Hilton San Juan Condado.
  • Two Hampton by Hilton properties are deliberate for 2025, with the 138-room Hampton by Hilton San Juan Metropolis Middle and the 120-room Hampton by Hilton Ponce.

Growth within the all-suites and extended-stay phase can be on the horizon:

  • Homewood Suites by Hilton intends to open its first lodge in Puerto Rico with the anticipated 2025 opening of the 118-room Homewood Suites by Hilton San Juan Metropolis Middle.
  • Hilton’s present Puerto Rico providing of seven resorts and resorts contains Caribe Hilton, Hilton Ponce Golf & On line casino Resort, The Condado Plaza Hilton, DoubleTree by Hilton San Juan, Embassy Suites by Hilton Dorado del Mar Seaside Resort, Embassy Suites by Hilton San Juan Resort & On line casino, and Hampton Inn & Suites by Hilton San Juan.

Extra broadly within the Caribbean, Hilton’s presence contains 25 resorts in Aruba, Barbados, Curaçao, the Dominican Republic, Jamaica, and extra. The corporate additionally plans to double its portfolio within the Caribbean, with a pipeline of greater than 25 resorts in varied phases of design and development.

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