management license agreement
Hilton Signs With Atlantica Hotels to Develop and Manage DoubleTree by Hilton in Porto Alegre, Brazil Set to Open in 2021
Atlantica Hotels | February 5, 2019
MCLEAN, Va. and SÃO PAULO - Hilton (NYSE: HLT) and Atlantica Hotels today announced the signing of a management license agreement whereby Atlantica plans to develop and manage DoubleTree by Hilton hotels in Brazil. As part of this agreement, the companies also announced the first planned DoubleTree by Hilton hotel in Porto Alegre, Brazil. This agreement will introduce DoubleTree by Hilton in Brazil, underscoring Hilton's continued commitment in the Caribbean and Latin America to introduce the company's industry-leading brands across the region. "Through our partnership with Atlantica Hotels, we successfully launched the Hilt...