Costa Rica Hotels

COSTA RICA PART OF HILTON MEGA-EXPANSION PLAN

The Hilton Hotel Corporation announced an important expansion plan to include, in the next 5 years, 150 new hotels to their portfolio in Latin America and the Caribbean, which includes investments in Costa Rica.The president of Global Development and Real Estate for the Hilton Hotel Corporation, Steve Goldman, explained that expanding on a global level is a strategic priority for Hilton.The Hilton Hotel Corporation presently has 42 properties approved and under development in Latin America and the Caribbean, and has identified various strategic markets in cities and resort areas to further the growth of the Hilton Hotel chain. The Hilton Hotel Corporation recently began operations in the region with three hotels and resorts in Costa Rica, inaugurated in January, 2008: the Hilton Papagayo Costa Rica Resort & Spa, the Doubletree Resort by Hilton Costa Rica, in Puntarenas, and the Doubletree Cariari by Hilton in San José.