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Old Jun 28, 2007 | 3:54 pm
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A320 EOW
 
Join Date: Feb 2002
Location: Philadelphia, PA USA
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Post planned Conrad Buenos Aires {ARG} (not Honors)
Press Release Source: Conrad Hotels & Resorts

Hilton Hotels Corporation Signs First Conrad Management Agreement in South America
Thursday June 28, 3:22 pm ET
Conrad Buenos Aires to Debut in Popular Puerto Madero Area...Hilton Family's Fourth Development in Argentina

BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Hilton Hotels Corporation, G&D Developers and Grupo Farallon today announced the signing of the Conrad Buenos Aires, the luxury brand's first management agreement in South America. Located in Puerto Madero, this will be the Hilton Family's second property in the expanding district and its fourth development in Argentina, and will include both a hotel and residences. Construction is planned to begin at the end of 2008 and completion is scheduled for late 2010.

The 196-guestroom Conrad Buenos Aires and 350-unit +5411 Residences at the Conrad Buenos Aires will be developed by G&D Developers and Grupo Farallon as part of a mixed-use complex called +5411 Juana Manso Blvd. Hilton Hotels Corporation will operate the hotel under the terms of a multi-year management agreement.

Press Release
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