200-room New-build Transcorp Hilton Lagos Will Open in Nigeria in Mid-2016

. September 27, 2013

DUBAI, UAE / MCLEAN, VA - September 27, 2013 - Hilton Worldwide today signed an agreement with longstanding Nigeria business partner, Transcorp Hotels Ltd, to introduce a new Hilton Hotels & Resorts hotel to Lagos, Nigeria's commercial and cultural heartland.

The 200-room new-build Transcorp Hilton Lagos will be strategically located in the exclusive residential and commercial district of Ikoyi in Lagos. The property will enjoy close proximity to the main financial and business centres of the city as well as offer convenient access to Murtala Muhammed International Airport in Lagos.

Patrick Fitzgibbon, senior vice president, development, Hilton Worldwide, Europe & Africa said: "I am delighted to join with Transcorp Hotels Ltd, our 26-year partner at Transcorp Hilton Abuja, to introduce our famous Hilton Hotels & Resorts brand to Lagos. Today is a momentous occasion as we further underpin our commitment and confidence in Nigeria and strengthen our growing hotel portfolio."

Expected to open mid-2016, the upscale, full service Transcorp Hilton Lagos will feature a wealth of attractive facilities and conveniences designed to appeal to the growing numbers of discerning domestic, inter-regional and international business and leisure travellers seeking first class accommodation in Lagos. Amenities include 1000sq.mtrs of meeting and event space, a business centre, a luxury spa and swimming pool as well as two restaurants, one to be a speciality, and two bars. Leisure visitors will appreciate the hotel's close proximity to Awolowo Road, the main high street of Lagos famous for designer brands, upscale boutiques and luxury outlets.

Rob Palleschi, global head, Hilton Hotels & Resorts said: "Thanks to the popularity and profile of our hotel in Abuja, Hilton Hotels & Resorts is already a celebrated hospitality brand across Nigeria's domestic and international communities. We are confident that Transcorp Hilton Lagos will help to reinforce our reputation as the stylish, forward thinking global leader of hospitality, helping make travelling easier with our smart design, innovative restaurant concepts, authentic hospitality and commitment to the global community."

With its abundant supply of natural resources, well developed financial, communications and legal sectors and the second largest stock exchange on the continent, Nigeria is regarded as an economic powerhouse within Africa. A progressive country, Nigeria is capable of reaping the benefits of its previously untapped mineral wealth for many years to come. Within Nigeria, the city of Lagos is widely regarded as the commercial and cultural centre where many of the country's financial institutions and major corporations are headquartered. The Ikoyi district, in Lagos, is a sought-after fashionable enclave of the city's Lagos Island with upscale shopping malls, residences and recreation areas, including one of Africa's largest golf courses.

Valentine Ozigbo, Managing Director & CEO, Transnational Hotels & Tourism Services Ltd said: "We are delighted to continue our strong and enduring relationship with Hilton Worldwide and bring another exceptional Hilton Hotels & Resorts hotel to Nigeria and to the business and leisure communities of Lagos."

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 ten market leading brands.

About Hilton Worldwide

Hilton Worldwide is a leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For 94 years, Hilton Worldwide has offered business and leisure travelers the finest in accommodations, service, amenities and value. The company is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Its brands are comprised of more than 4,000 hotels and timeshare properties, with more than 650,000 rooms in 90 countries and territories and include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, 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 the world-class guest reward program Hilton HHonors®.Visit www.hiltonworldwide.com for more information and connect with Hilton Worldwide at www.facebook.com/hiltonworldwide, www.twitter.com/hiltonworldwide, www.youtube.com/hiltonworldwide, www.flickr.com/hiltonworldwide and www.linkedin.com/company/hilton-worldwide.

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