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Deal is for 17 years Hilton Worldwide has agreed to operate two key hotels in Kuwait and Bahrain under agreements signed with their respective owners. In a bourse statement on Wednesday, Kuwait’s Mabanee real estate company said it has signed a branding and management agreement with Hilton to operate Hilton Kuwait Resort (Plage-13) for 17 years. The firm said one of its Bahraini partners, of which it owns 35 petrcent, signed a similar deal with Hilton to manage and operate the new Waldorf Astoria 5-star hotel with 120 rooms and suites, adding that this hotel will be part of the Avenues Phase 2 project in Bahrain Bay. |
