Posted: May 30th, 2017

Papua New Guinea Welcomes First Hilton Hotels & Resorts Branded Hotel in Port Moresby

SYDNEY, Australia and McLEAN, Va (September 3, 2015) – Hilton Worldwide (NYSE: HLT)  today announced the signing of its first Hilton Hotels & Resorts branded hotel in Papua New Guinea. Under this management agreement with Star Mountain Plaza Ltd (SMPL), Hilton will manage the newly build Hilton Port Moresby and convention centre in the Star Mountain Plaza development in Port Moresby. Construction of a 16-storey, mixed-use tower housing the 212-room Hilton hotel, along with office and retail space and 128 apartments, is expected to begin in the third quarter of 2015 and be completed by late 2017.SYDNEY, Australia and McLEAN, Va (September 3, 2015) – Hilton Worldwide (NYSE: HLT)  today announced the signing of its first Hilton Hotels & Resorts branded hotel in Papua New Guinea. Under this management agreement with Star Mountain Plaza Ltd (SMPL), Hilton will manage the newly build Hilton Port Moresby and convention centre in the Star Mountain Plaza development in Port Moresby. Construction of a 16-storey, mixed-use tower housing the 212-room Hilton hotel, along with office and retail space and 128 apartments, is expected to begin in the third quarter of 2015 and be completed by late 2017.

Hilton Port Moresby adds to Hilton Worldwide’s existing pipeline of five hotels in the Australasia region where the global hospitality company presently operates 21 hotels under the Hilton and DoubleTree by Hilton brands.

“Hilton is a brand synonymous with hospitality and our hotels are located in key business and leisure destinations where our guests are travelling to,” said Rob Palleschi, global head, Full Service Brands, Hilton Worldwide. “Papua New Guinea is one of the world’s last tourism frontiers, home to an incredible natural bounty of rainforest, volcanoes and islands. Port Moresby is the capital and largest city of Papua New Guinea, and the main port of entry into Papua New Guinea by air and sea, making it a key gateway location. Today we are delighted to fly the Hilton flag in yet another attractive leisure destination here in Port Moresby.”

“Today’s announcement bears testament to both the Hilton brand’s strength in the Australasia region as well as our management expertise, borne out of having operated here for over 40 years, to deliver exceptional experiences for both guests and owners,” said Robert Scullin, vice president, Development, Australasia, Hilton Worldwide. “We are privileged to be partnering Star Mountain Plaza Ltd to launch Hilton Port Moresby as a strong addition to our current portfolio of 21 operating hotels and look to welcome travellers to this city with our world-renown Hilton hospitality.”

The Hilton Port Moresby will comprise 164 Standard Rooms of 33 square metres, 46 Executive Suites of 46.5 square metres, and two 117 square-metre Chairman Suites. The complex will include four restaurants and two bars, a business centre, health club, spa and outdoor pool and event spaces as large as 2800 square metres.

Build over two 2 stages, the entire US$400million project and operation is overseen and controlled by Mineral Resources Development Company Limited (MRDC). MRDC is 100% owned by the Papua New Guinea government and manages landowners and provincial governments’ equity interests in Mining and Petroleum projects in PNG.

“Aside from being a popular leisure destination, Papua New Guinea is also increasingly attractive for business travel,” said Mr. Augustine S Mano, Managing Director for MRDC and Chairman for Star Mountain Plaza Ltd (SMPL). “With a 96-year legacy in hospitality as well as strong global commercial engines, Hilton is the perfect partner we were looking for and we are confident that Hilton Port Moresby will set a new benchmark in world-class hotel experience here in Papua New Guinea when it opens its doors in 2018.”

Star Mountain Plaza Ltd (SMPL) is a joint venture between three Papua New Guinea land owner groups, Mineral Resources Star Mountain (MRSM), Mineral Resources Ok Tedi (MROT), and Petroleum Resources Kutubu (PRK).

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About Hilton Hotels & Resorts
Founded in 1919 as the flagship brand of Hilton Worldwide, Hilton Hotels & Resorts continues to build upon its legacy of innovation by developing products and services to meet the needs of savvy global travellers at more than 550 hotels across six continents. Hilton is the stylish, forward-thinking global leader in hospitality with Team Members shaping experiences in which every guest feels cared for, valued and respected. Access the latest news at news.hilton.com and begin your journey at www.hilton.com or www.hilton.com/offers for the latest hotel specials. Hilton Hotels & Resorts is one of Hilton Worldwide’s 12 brands.

About Hilton Worldwide
Hilton Worldwide (NYSE: HLT) is a leading global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels. For 95 years, Hilton Worldwide has been dedicated to continuing its tradition of providing exceptional guest experiences. The company's portfolio of twelve world-class global brands is comprised of more than 4,350 managed, franchised, owned and leased hotels and timeshare properties, with more than 720,000 rooms in 94 countries and territories, including Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio - A Collection by Hilton, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages an award-winning customer loyalty program, Hilton HHonors®. Visit news.hiltonworldwide.com for more information and connect with Hilton Worldwide at www.facebook.com/hiltonworldwide, www.twitter.com/hiltonworldwide, www.youtube.com/hiltonworldwide, www.flickr.com/hiltonworldwide, and www.linkedin.com/company/hilton-worldwide.

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