Hilton Worldwide expects to open 40 hotels and resorts in Latin America over the next 15 months, increasing its portfolio region-wide by 60%.
"Hilton Worldwide continues experiencing a period of remarkable global growth and Latin America is a dominant player in this growth so we are committed to continuing this trend in the region," explained Tom Potter, senior vice president, Caribbean, Mexico and Latin America, for Hilton Worldwide.
"With stable and growing economies, Latin America affords tremendous opportunities and we have the right team in place to continue introducing the right brands to target markets with significant potential for growth."
The group will develop all of its brands in the region, but two brands – Hampton Hotels and Hilton Garden Inn – will make up around three-quarters of new hotel stock.
Before the end of this year, another seven hotels with a combined 1,000 rooms will open in the region, adding to the current 62 hotels and resorts open throughout Latin America.
These include Hilton Barra, Rio de Janeiro, Hilton Garden Inn Barranquilla, Colombia and the108-key Hampton by Hilton Panama.
The company’s development pipeline in Latin America currently stands at more than 40 signed projects totaling over 6,000 rooms.
