Hilton Worldwide Holdings Inc. entered into a strategic partnership with Chinese property developer Country Garden Holdings Co. Ltd., under which it will manage several of the latter's hotels.
Initially, six Country Garden hotels will operate under the DoubleTree by Hilton or the Hilton Garden Inn brands, according to the agreement. Some of the properties in the deal have already commenced trading under the new management.
New hotels included in the contract are DoubleTree by Hilton Hainan Lingshui, DoubleTree by Hilton Guangzhou Zengcheng and Hilton Zhengzhou Xingyang.
The U.S.-based hotelier has a portfolio of 470 hotels in China, which are either trading or are in the development stage, according to a release.
