MEXICO CITY— Hilton Inns, the franchising subsidiary of Hilton Hotels Corp., and Grupo Hotelero Azteca, S.A. de C. V. have inked an agreement for the construction and operation of five new Hilton Garden Inns in Mexico. The new franchise hotels will join the three existing Hilton Garden Inn properties in Mexico located in the cities of Monterrey, Ciudad Juarez and Nuevo Laredo. The Mexican market represents one of the most important business opportunities for Hilton in Latin America, according to Nelson Diaz, vp/franchise development, Mexico & Latin America for Hilton Hotels Corp. Diaz noted that Mexicos industrial and enterprise activities and its geographic location makes the country an “ideal” place for new industrial developments and hotel expansion. The five new Hilton Garden Inns will be built in the cities of San Luis Potosi, Leon, Queretaro, Mexico City and Puebla, and will add 900 new guestrooms to the hotel chain. Construction of the first hotel will begin next year in San Luis Potosi with an opening scheduled in 2004. According to Jorge Abud, chairman of Grupo Hotelero Azteca, the joint venture will make Hoteles Azteca a major force in the hospitality industry in Mexico.
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