Hilton Worldwide Signs Three Management Agreements for a Waldorf Astoria and two Hilton properties in China

Hilton Worldwide has signed three management agreements with New Huadu Industrial Group for a Waldorf Astoria-branded resort and a Hilton Hotels & Resorts property in Hainan and a Hilton Hotels & Resorts property in Hunan. Scheduled to open between 2013 and 2014, Waldorf Astoria Hainan Baoting Resort, Hilton Hainan Baoting Resort, and Hilton Changsha East will add another 930 hotel rooms to Hilton Worldwide's fast-growing pipeline in China.

"Hilton Worldwide has had a longstanding presence in China since we opened Hilton Shanghai in 1988. Not only are we one of the fastest growing hotel companies in terms of deals globally, we have a strong development pipeline in China"

"We have a total of 17 operating hotels, with more than 70 properties in various stages of development in China, and aim to expand our presence to more than 100 operating hotels in five years' time. With its diversified business model, strong financial backing, and expertise in real estate development and management, New Huadu Industrial Group is an excellent and strategic business partner for Hilton Worldwide."

Formed in 1997, New Huadu Industrial Group has a diversified business portfolio across various industries including mining, tourism, brewery, pharmaceutical, information technology and real estate. The Group registered with RMB139.8 million in initial capital and now holds total assets of over RMB 30 billion, and has more than 5,000 employees.

Chen Fashu, Chairman of New Huadu Industrial Group said, "Hilton Worldwide is a leader in global hospitality and the most influential and well-known hotel brand in China. Hilton Worldwide is undoubtedly the best partner for a collaboration in China's luxury hospitality market."

He added, "As the capital of Hunan province, Changsha's continued urbanization and importance as a major port and a commercial and industrial center bode well for hospitality development. The Hainan government has also recently announced its plan to develop the island, dubbed the 'Hawaii of China', into an international tourism island."

Waldorf Astoria Hainan Baoting Resort and Hilton Hainan Baoting Resort are located 10 kilometers to the center of Baocheng Town in Baoting Country. Both properties are situated between Qixianliang and Qixiangling Reservoir in the midst of Hainan Island's lush rainforest, and overlook the famous "Seven-Finger Mountain".

Waldorf Astoria Hainan Baoting Resort will have 100 luxurious villas, while Hilton Hainan Baoting Resort will have 350 rooms comprising of low-rise wings and villas.

The 480-room Hilton Changsha East is located in the east area of Changsha City where the new Central Business District of Changsha, Wu Guang New Town, will be situated. Adjacent to Changsha Lituo Airport Expressway in Yuhua District, the hotel has easy access to major expressways, a 10-minute drive from the Changsha city center, five minutes to Wuhan-Guangzhou High-speed Railway Station and 15 minutes to Huanghua International Airport.

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.

About Waldorf Astoria Hotels & Resorts

WALDORF ASTORIA is Hilton Worldwide's luxury brand of landmark hotels, with each one as singular and timeless as the brand's namesake, The Waldorf=Astoria Hotel in New York. From classic elegance to modern grandeur, Waldorf Astoria Hotels & Resorts each represent worldly sophistication and unparalleled guest service. From sumptuous spas and culinary excellence to world-class golf, each hotel & resort offers the exquisite accommodations and signature accoutrements that define refinement and sophistication. Discover Waldorf Astoria by visiting www.waldorfastoria.com.

About Hilton Hotels and Resorts

One of the most recognized name in the industry, Hilton Hotels & Resorts stands as the stylish, forward thinking global leader in hospitality. From inaugural balls and Hollywood award galas to business events and days to remember, Hilton is where the world makes history, closes the deal, toasts special occasions and gets away from it all. The flagship brand of Hilton Worldwide continues to build upon its legacy of innovation by developing products and services to meet the needs of tomorrow's savvy global travelers while more than 144,000 Team Members shape experiences in which every guest feels cared for, valued and respected. Today, the Hilton Hotels & Resorts portfolio includes more than 540 hotels in 76 countries and the brand remains synonymous with "hotel." Access the latest Hilton news at www.hiltonglobalmediacenter.com or begin your journey at www.hilton.com. Social media users can engage with Hilton at www.twitter.com/hiltononline, www.facebook.com/hilton and www.youtube.com/hilton. Hilton Hotels & Resorts is one of Hilton Worldwide's ten market-leading brands.