Hilton (NYSE: HLT) and Constructora Colpatria today announced the signing of a franchise license agreement to open Hilton Medellin, bringing the company’s flagship brand to Colombia’s second largest city. The multi-million project will be one of the largest real estate investments in Colombia this year. The 25-story, 206-room new-build development is planned to open in Q2 2019.
Source: Hotel Industry News