Hilton (NSYE: HLT) yesterday announced the signing of a management agreement with Manyata Promoters Private Limited, a part of the Embassy Group among the leading real estate developers in India, for a 586-room dual-branded hotel project located within the Embassy Manyata Business Park in the fast-growing commercial micro-market in North Bengaluru. This will be one of the largest dual-branded hotel projects in India and will feature a 250-room Hilton Hotels & Resorts brand hotel and a 336-room Hilton Garden Inn brand hotel. Besides the full range of facilities and services, the hotel project will also offer 46,000 sq. ft. of Meetings and Events space. Targeted to open in 2020, the dual-branded hotel project will be part of a mixed-use development that also includes two commercial towers and an extensive Food and Beverage Hub. It will be developed and owned by the Embassy Group and managed by Hilton.
Jim Holthouser, executive vice president, global brands, Hilton, said, "Sustainable expansion in India with a multi-brand and multiple-partners strategy is a strategic priority for Hilton. This incredible country continues to deliver strong economic growth and the potential of its hospitality industry is exponential. We look forward to continuing to contribute to this growth with our commitment to extending our footprint and introducing our global industry-leading best practices to our guests in the country."
This is Hilton's second project with the Embassy Group. The company also operates Hilton Bangalore Embassy GolfLinks, located within the Embassy GolfLinks Business Park, which is owned by the Embassy Group. The launch of the hotel in 2014 marked the Embassy Group's foray into the hospitality industry. Hilton also operates DoubleTree Suites by Hilton Bangalore that is located on the Sarjapur - Outer Ring Road, in the southeast region of Bengaluru.
On signing the agreement, Guy Phillips, senior vice president, development - Asia and Australasia, Hilton, said, "We are very pleased to extend our strong partnership with the Embassy Group and bolster the success of the Hilton Bangalore Embassy GolfLinks through the management agreement for a 586-room dual-branded hotel project featuring two brands - our flagship Hilton Hotels & Resorts brand and popular upscale Hilton Garden Inn brand. We continue to see increasing brand awareness across our brand portfolio in India and this agreement underscores our long-term commitment to this country as a strategically important market where we now operate 15 hotels across 12 cities covering most major markets in the country."
Jitu Virwani, chairman & managing director, Embassy Group, added, "We are delighted to expand and strengthen our partnership with Hilton. Our first hospitality project with Hilton at Embassy GolfLinks has been a great success and we are looking forward to extending our partnership to newer heights."
Hilton currently operates 15 hotels and resorts under five brands and across 11 cities covering most major markets in India. The hotels and resorts include: New Delhi: Hilton Garden Inn New Delhi/Saket; Gurgaon: Hilton Garden Inn Gurgaon Baani Square and DoubleTree by Hilton Gurgaon-New Delhi NCR; Mumbai: Hilton Mumbai International Airport; Chennai: Hilton Chennai; Bangalore: Hilton Bangalore Embassy GolfLinks and DoubleTree Suites by Hilton Bangalore; Trivandrum: Hilton Garden Inn Trivandrum; Vadodara: Hampton by Hilton Vadodara-Alkapuri; Pune: Conrad Pune and DoubleTree by Hilton Pune-Chinchwad; Goa: DoubleTree by Hilton Goa-Arpora-Baga; Shillim: Hilton Shillim Estate Retreat & Spa; Agra: DoubleTree by Hilton Agra; and Jaipur: Hilton Jaipur.
Logos, product and company names mentioned are the property of their respective owners.