Hilton Hotels & Resorts Brand To Debut In Heart Of Latin America

12/05/16

Hilton (NYSE: HLT) and Grupo Cartes today announced the signing of a management agreement to operate a new build Hilton hotel and residences in Asuncion, Paraguay - bringing the company's flagship brand to a new country. Hilton Asuncion will form part of a 600,000-square-foot mixed use complex featuring a broadcasting building, corporate offices, Hilton branded residences and parking spaces. Scheduled to open in 2021, the hotel will operate 180 guest rooms and 50 Hilton branded residences.