Hotel Announcements
Pipeline 9 July 2018

DoubleTree by Hilton Seongnam

Hilton Announces First DoubleTree by Hilton Hotel in South Korea

Scheduled for 2021 – 432 Rooms

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Hilton (NYSE: HLT) today announced the signing of a management agreement with BESITZ Comprehensive Development Co., Ltd., for DoubleTree by Hilton Seongnam, the first DoubleTree by Hilton property in South Korea. Managed by Hilton, DoubleTree by Hilton Seongnam is expected to open in 2021.

"This agreement bolsters Hilton's expansion in South Korea. When open, DoubleTree by Hilton Seongnam will cater to the growing demand from businesses in Seongnam, which is expected to further increase in the coming years in line with the thriving growth of this industrial district," said Guy Phillips, senior vice president, development, Asia & Australasia, Hilton. "We are pleased to be working with a partner that has the experience and eminence of BESITZ Comprehensive Development to advance our presence in South Korea."

The newly-built 432-room hotel will offer guest facilities with tailored services to meet the specific needs of business travelers, including multiple meeting and banquet spaces, fitness amenities, indoor and outdoor swimming pools, restaurants, a café and lounge.

"We are pleased to partner with Hilton to provide world-renowned hospitality within a business‐friendly environment," said Hwang Sung‐Taek, chairman, BESITZ Comprehensive Development Co., Ltd. "DoubleTree by Hilton Seongnam will be the best place to bring about achievements and success under the slogan, 'Small actions can have a big impact.' We certainly believe DoubleTree by Hilton will provide the utmost service and comfort to our guests."

DoubleTree by Hilton Seongnam is adjacent to the high-tech industrial complex, Pangyo Techno Valley, which is thriving with more than 1,300 companies. The hotel is optimally situated to be the central hub for business functions and to host business travelers and local guests alike.

"We are delighted to add to our global portfolio by opening our first DoubleTree by Hilton property in South Korea," said Shawn McAteer, senior vice president and global head, DoubleTree by Hilton. "We look forward to welcoming guests with DoubleTree by Hilton's unique style of hospitality, which begins with our signature, warm DoubleTree Cookie upon arrival and continues with excellent service throughout each guest's stay."

Seongnam is of growing importance as a satellite city of Seoul. The city is highly accessible with traveling times taking approximately 30 minutes from the heart of Seoul via the Gyeongbu Expressway, Seoul Ring Expressway and Youngin-Seoul Expressway. Seongnam also enjoys excellent connectivity via the metro system, with the Shinbundang Line serving the city from Seoul, enabling travel to Seoul's Gangnam District in just 15 minutes.

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DoubleTree by Hilton

With a fast-growing, global collection of more than 380 upscale hotels in gateway cities, metropolitan areas and vacation destinations across six continents, every little thing we do at DoubleTree by Hilton inspires us to create a rewarding experience for our hotel guests, our team members and the communities we proudly serve.
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Hilton

Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 17 world-class brands comprising more than 5,700 properties with more than 923,000 rooms, in 113 countries and territories.
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