Hilton signs Waldorf Astoria Hotel in Chengdu

Hilton has signed a management agreement with Chengdu Yincheng Property Co., Ltd for western China’s first Waldorf Astoria branded hotel in Chengdu, capital of Sichuan Province. Scheduled to open in the second quarter of 2016, the 300-room Waldorf Astoria Chengdu will be the fifth Waldorf Astoria in China, following the opening of Waldorf Astoria Shanghai on the Bund in 2011 as well as the planned openings of Waldorf Astoria Beijing in 2013 and Waldorf Astoria Baoting and Waldorf Astoria Sanya, both on Hainan Island in 2015 and 2016 respectively. The Waldorf Astoria Chengdu hotel will be located right at the heart of the Chengdu Tianfu New Area, opposite Chengdu Tianfu International Financial Center. The area has been earmarked to become a second city center and is also home to the South Chengdu Hi-Tech Development Zone. Towering at a height of 220 meters, the hotel will form part of a mixed-used development occupying the top 15 floors, with service apartments in the lower part of the building. “As the growing economic and financial center of Western China, with a booming tourism sector, Chengdu presents outstanding opportunities for the hospitality industry,” said Andrew Clough, senior vice president, development, Middle East & Asia Pacific, Hilton Worldwide. “Waldorf Astoria Chengdu will strengthen Hilton Worldwide’s brand offerings in this important, rapidly growing city to meet rising demand in Chengdu’s emerging luxury segment.” In China, Hilton Worldwide currently operates 28 trading hotels and has over 90 properties in the pipeline across its portfolio of brands. It has three other hotels in the pipeline in Chengdu: Hilton Chengdu, which will also be located in the South Chengdu Hi-Tech Development Zone; Conrad Chengdu, which will be located in the center of the current downtown; as well as DoubleTree by Hilton Chengdu Longquanyi, which will be located in the Longquanyi new district.