Hilton announces two hotel deals

Hilton Hotels Corporation today announced that it has signed agreements with Qatar Asset Group for two properties on Carifesta Avenue, marking the company’s continued advancement of its projects on Caribbean Avenue.

Hilton issued the following press release:

Hilton Georgetown and DoubleTree Suites by Hilton Georgetown mark Hilton’s first foray into the U.S. market

GEORGETOWN, Guyana and MIAMI – August 28, 2024 – Today, Hilton (NYSE: HLT) announced the signing of the dual-branded Hilton Georgetown and DoubleTree Suites by Hilton Georgetown as the company’s first hotels in Guyana. Owned by an affiliate of Assets Group and managed by Hilton, the 411-room hotels will be part of a mixed-use commercial and entertainment complex on the waterfront of the nation’s capital. With this strategic signing, Hilton continues its rapid expansion in the Caribbean and Latin America (CALA) region, where the company now has more than 225 open hotels welcoming guests.

Moutaz Al Khayyat, Chairman of Assets Group, said: “We believe investing in Guyana is a smart move, a country poised for substantial growth and with a promising future for the tourism and hospitality sectors. Our choice to establish operations in this emerging market reflects our commitment to investing in high-potential destinations and our confidence in Guyana’s growth trajectory. These hotels have been carefully designed to offer a diverse range of high-end experiences.”

“We are excited to further our partnership with Assets Group to expand our comprehensive portfolio from the Middle East and Asia to the Caribbean and Latin America with the planned opening of a new hotel in Guyana,” said Juan Corvinos, senior vice president of development, architecture, design and construction for Hilton Caribbean and Latin America. “Guyana is an important regional business hub and an up-and-coming tourist destination, and we are pleased to once again join forces with Assets Group to celebrate this impressive project, which is an important milestone in Hilton’s continued rapid expansion.”

Conveniently located in the heart of Georgetown, where the Demerara River meets the Atlantic Ocean, the Hilton Georgetown and DoubleTree Suites by Hilton Georgetown are within easy reach of nearby embassies, businesses and a variety of recreational options, including scenic national parks and historic sites, and approximately six miles from Ogle International Airport. The two hotels will offer shared spaces and amenities while providing a unique hotel-only experience in a shared location.

The new 11-story Hilton Georgetown will offer a premium accommodation experience with 253 guest rooms and suites and a range of vibrant spaces, including a striking lobby bar and signature restaurant, serving a locally inspired menu and handcrafted cocktails. Guests can also enjoy an outdoor pool with all-day dining.

The new DoubleTree Suites by Hilton Georgetown will offer 158 contemporary suites where guests can relax, connect and feel at home. The hotel will allow guests to experience the brand’s moments during their stay, complete with the brand’s signature warm DoubleTree chocolate chip cookies.

Gary Steffen, global category leader, Hilton Full Service Brands, said: “We are honored to bring the Hilton Hotels & Resorts flagship brand to Guyana, which will continue to set the standard for travel and bring the renowned hospitality and upscale comforts of DoubleTree by Hilton to Guyana. We look forward to welcoming travelers through our award-winning brand and bringing Hilton’s signature hospitality to Guyana.”

“We look forward to contributing to Guyana’s success as a tourist destination and working with a renowned hospitality leader like Hilton to welcome international travelers and locals to experience all that our complex has to offer,” said Ramez Al-Khayyat, President of Assets Group. “Hilton Georgetown and DoubleTree Suites by Hilton Georgetown will demonstrate our commitment to creating premium, luxurious spaces that cater to the discerning needs of our guests.”

Guests of Hilton Georgetown and DoubleTree Suites by Hilton Georgetown will also have access to a member-only social club managed by Hilton, which will enhance the guest experience and provide special options for local members. Guests and social club members at each hotel will enjoy exclusive health and recreational facilities, including a swimming pool, fitness center and spa; shared office space, and a library and meeting rooms designed specifically for business travelers. The social club will also offer a unique dining experience, including two full-service dining venues, two bars and a coffee and bakery, open to guests, members and locals.

The complex also features a state-of-the-art conference center with a 25,900 square foot ballroom and 10,800 square feet of meeting rooms, making the hotel an ideal venue for conferences, incentives, meetings and events. Featuring intuitive technology and seamlessly integrated catering services, the facility is suitable for events of all sizes and types.

Hilton’s entry into Guyana is a result of rapid growth in the Caribbean and Latin America. Over the past decade, Hilton has tripled in size in the region, adding nine new countries and regions and launching seven new brands. With more than 225 hotels open and more than 170 hotels, Hilton plans to enter eight new countries and regions in the region in the next few years, including Bermuda and Paraguay in 2024 and Guyana in 2027.

Hilton Georgetown and DoubleTree Suites by Hilton Georgetown will offer guests benefits from Hilton Honors, the award-winning guest loyalty program for Hilton’s distinctive hotel brands.

For more Hilton news, visit stories.hilton.com.