Hilton Signs Two Tapestry Collection Properties in Lima, Peru: Hotel Bel'Arte Lima and Hotel Museo de Osma

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USA, McLean, Virginia. May 24, 2018

Hilton (NYSE: HLT) announced the signing of two Tapestry Collection by Hilton
agreements in Lima, Peru: Hotel Bel'Arte Lima and Hotel Museo de Osma -
representing the first international properties for Hilton's 14th
brand created for travelers looking for a unique, upscale hotel
experience. These new deals form part of Hilton's development pipeline
of eight hotels in Peru, with plans to add more than 1,000 rooms in key
markets throughout the country.

“As Hilton continues expanding in Latin America, our team has
strategically focused on pursuing opportunities in Peru, one of the
region's fastest growing economies in the past decade,” said Juan
Corvinos, vice president, development, Latin America and the Caribbean,
Hilton. “With six hotels and more than 850 existing guest rooms in our
Peru portfolio, we look forward to further solidifying our presence with
milestone projects, including brand debuts in Lima and throughout the
country in destinations such as Arequipa and Tarapoto.”

Slated to open in 2021, the 117-room Hotel Bel'Arte Lima, Tapestry
Collection by Hilton will be situated in the financial district of San
Isidro in Peru's capital. Catering to business and leisure travelers,
the one-of-a-kind hotel will feature an art gallery within the property.

Located in the cultural district of Barranco in Lima, the 86-room
Hotel Museo de Osma, Tapestry Collection by Hilton is expected to also
open in 2021. The distinctive hotel will form part of the De Osma
mixed-use development, featuring a theater, museum and shopping center.

“As we celebrate one year since the first hotel joined Tapestry Collection by Hilton, we are thrilled to announce our first two properties outside the United States in the important region of Latin America,” said Jenna Hackett, global head, Tapestry Collection by Hilton. “These hotels truly demonstrate the unique and independent spirit of our collection and we're excited to welcome Hotel Bel'Arte Lima and Hotel Museo de Osma to our portfolio in the coming years.”  

In addition to the international unveiling of Tapestry Collection by Hilton, the company's development plans in Peru also call for the in-market debut of Hampton by Hilton and Homewood Suites by Hilton. Two Hilton Garden Inn properties also form part of the plans. Projects and planned opening dates include:

• Hampton Inn by Hilton Lima San Isidro: 148 rooms, opening 2019
   
• Hampton Inn by Hilton Arequipa: 104 rooms, opening 2020
   
• Hampton Inn by Hilton Tarapoto: 86 rooms, opening 2021
   
• Homewood Suites by Hilton Lima Miraflores: 100 rooms, opening 2021
   
• Hilton Garden Inn Lima Miraflores: 250 rooms, opening 2019
   
• Hilton Garden Inn Lima San Isidro: 194 rooms, opening 2020

Hilton currently has a portfolio of six hotels in Peru, including its most recent opening in February 2018 with the renovated 71-room DoubleTree by Hilton Hotel Iquitos. The opening of this full-service hotel in Peru's northeastern Maynas province cements Hilton's commitment to expand beyond Lima and seek opportunities throughout the country.

All hotels will participate in Hilton Honors, the award-winning guest loyalty program for Hilton's 14 distinct hotel brands. Members who book directly have access to instant benefits, including a flexible payment slider that allows members to choose nearly any combination of points and money to book a stay, an exclusive member discount, free standard Wi-Fi and access to the Hilton Honors mobile app.