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Conrad Chia Laguna Sardinia expected to welcome its first guests in 2022

Hilton (NYSE: HLT) has today announced plans to open new hotel on the Mediterranean island of Sardinia, following an agreement with Westmont Hospitality Group and funds managed by Oaktree Capital Management, L.P. ("Oaktree"). Conrad Chia Laguna Sardinia is expected to welcome its first guests in 2022. The propertie will be located in southern Sardinia at the Chia Laguna, renowned for its pristine nature, golden sandy beaches and coastline lagoons home to flocks of pink flamingos.