Hilton Hotels Corporation (HHC) plans to open 1,000 new hotels in Europe over the next decade. The move is line with its major expansion plan which is expected to add some 2,000 new hotels worldwide, HHC's Tom Keltner told delegates at the International Hotel Investment Forum in Berlin. Hilton will enter four new European markets in 2007, namely Russia, Ukraine, Poland and Portugal.
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
