Hilton to develop hotels in Britain
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Hilton Hotels Corp. said it signed a letter of understanding with Somerston Hotels UK Ltd. to develop hotels in Britain.
Under the agreement, Somerston, which is privately owned, is expected to develop at least 25 Hampton by Hilton hotels, comprising 3,000 rooms, over the next five years. The agreement is part of Hilton’s plan to expand its mid-tier brands internationally.
The Somerston agreement is Hilton’s second major development deal in Britain. Last week Hilton entered into an agreement with privately owned Shiva Hotels Ltd. for at least 15 new hotels in Britain.
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