Hilton and Country Garden Announces New Strategic Cooperation to Develop 1,000 Home2 Suites by Hilton® in China

Hilton | June 23, 2020

FOSHAN, GUANGDONG, China and MCLEAN, Va. - Hilton (NYSE: HLT) today announced the signing of an exclusive management license agreement with Country Garden to introduce and develop the Home2 Suites by Hilton®  brand in China. The agreement with Funyard Hotel Investment (Asia) Limited, a subsidiary of Country Garden, further expands the strategic cooperation between Hilton and Country Garden. “As our second largest market globally, China has consistently seen rapid growth and is forecast to become the world’s largest lodging market,” said Alan Watts, president, Asia Pacific, Hilton. “We know from our success with several existin...