Limonta Group and Hilton Worldwide to Develop 162-key Hilton Lake Como Opening in Italy in 2017

. December 04, 2014

COMO, Italy / MCLEAN, VA - December 4, 2014 - Hilton Hotels & Resorts is set to open its first hotel in the picturesque northern Italian lakes region, following an agreement between Hilton Worldwide and the Limonta group. Hilton Lake Como is expected to welcome guests in 2017 and will be situated in the centre of Como, offering guests unrivalled access to the stunning landscape surrounding the town.

The new, 162-guest room hotel will be located within a mixed-use development, adjacent to the historic Via Olmo. Hilton will manage the hotel on behalf of GBH Spa, an affiliate of the Limonta Group, which has a strong track record of development in the region.

Patrick Fitzgibbon, senior vice president, development, Hilton Worldwide said, "This hotel paves the way for a Hilton presence in another of Europe's top leisure destinations, joining 20 Hilton Worldwide hotels trading across Italy, of which seven operate under our flagship brand. Despite Como's enduring appeal to visitors across the world, there is an undersupply of quality branded hotel accommodation and this hotel will mark the first internationally branded property in the town. There is a clear opportunity for our signature brand to flourish here, providing upscale lodging to Como's discerning visitors."

The leisure industry is a major driver of the wider economy in Lombardy, which in turn contributes more to Italy's GDP than any other Italian region. In addition to its popularity as a leisure destination, Como's meetings and events demand is gaining traction. Hilton Lake Como will offer a ballroom of more than 400 metres square, a range of fully flexible meetings spaces and a state-of-the-art business centre.

G.B. Limonta, President, Limonta Group, said: "We are proud of the agreement we have reached with Hilton, which is one of the most prestigious hospitality brands in the world. This new hotel will add to Como's existing allure and further promote it as a destination to international visitors."

Guests can look forward to experiencing the hotel's elegant amenities, which will include an open air swimming pool, spa, and fitness facility. Hilton Lake Como will boast a range of dining options, from light meals and snacks served at the pool bar, a breakfast bar, and fine dining available on the top floor of the building.

Rob Palleschi, global head, Hilton Hotels & Resorts said, "Como is a well-established leisure resort which has become synonymous with style and has captured the attention of international travellers, attracting more than 500,000 visitors last year. The Limota Group's extensive development experience in the region makes them an excellent partner for our brand, and we look forward to introducing Hilton guests to Como's relaxed charm in 2017."

Today's announcement follows recent news that Hilton Worldwide is to open three further hotels in Italy - DoubleTree by Hilton Venice North, Hilton Garden Inn Milan North and Hilton Capomulini in Sicily.

Hilton Lake Como will be situated at Via Borgo Vico, 50 kilometres from Milan and within easy reach of its three international airports. View more news about Hilton Hotels & Resorts openings and a development map at news.hilton.com/openings.

About Hilton Hotels & Resorts

Founded in 1919 as the flagship brand of Hilton Worldwide, Hilton Hotels & Resorts continues to build upon its legacy of innovation by developing products and services to meet the needs of savvy global travelers at more than 550 hotels across six continents. Hilton is the stylish, forward-thinking global leader in hospitality with Team Members shaping experiences in which every guest feels cared for, valued and respected. Access the latest news at news.hilton.com and begin your journey at www.hilton.com or www.hilton.com/offers for the latest hotel specials. View a list of official social channels at www.hilton.com/social. Hilton Hotels & Resorts is one of Hilton Worldwide's 12 brands.

About Hilton Worldwide

Hilton Worldwide (NYSE: HLT) is a leading global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels. For 95 years, Hilton Worldwide has been dedicated to continuing its tradition of providing exceptional guest experiences. The company's portfolio of twelve world-class global brands is comprised of more than 4,250 managed, franchised, owned and leased hotels and timeshare properties, with more than 700,000 rooms in 93 countries and territories, including Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Curio - A Collection by Hilton, Canopy by Hilton, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages an award-winning customer loyalty program, Hilton HHonors®. Visit news.hiltonworldwide.com for more information.

About Limonta

Limonta is a fourth generation Italian family group and has been active in the textile business since 1893. The group manufactures and sells worldwide interior decoration, apparel and accessories, high end fabrics and synthetic leathers. Other companies of the group include Limonta Wall, wallpaper manufacturer, and Limonta Sport, specialized in synthetic turf for sports. Limonta is also linked to Aunde Italy, a manufacturer of fabrics and seat covers for automotive. In 1990 the group started diversifying into the real estate business. For further information visit www.limonta.com

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