Hilton (NYSE:HLT) has signed a Management Agreement with Hospitality Concept & Allied Services Limited to bring its flagship Hilton Hotels & Resorts brand to the capital city of Liberia. The $48m project was unveiled at a signing ceremony today in Monrovia and will see the Hilton name adorn a 192-guest room property in the Eastern suburb of Paynesville.
Hilton Monrovia is expected to begin welcoming guests in 2023 and will become the first hotel to open in the city under an international operator. The 12-story tower complex (which will be the tallest building in the country) will contain state of the art conferencing facilities, a restaurant, bar and outdoor pool. Guests will be able to choose between upscale appointed guest rooms and a range of suites, including two Presidential Suites.
The hotel's location on SKD Boulevard offers ease of access to the main road linking Roberts International Airport with the Eastern districts of Monrovia. Its immediate surrounds house a growing number of Foreign Embassies and NGO offices, which are expected to act as significant demand generators for upscale accommodation and facilities in the city.
Patrick Fitzgibbon, SVP, Development, EMEA, Hilton said: "This is an outstanding project which, as the first internationally branded property to enter the market, will be a game changer for the travel and tourism industry in Liberia. We have a proud history on the African continent stretching back over 50 years and look forward to adding Monrovia to the list of destinations in which we have pioneered the hospitality industry over that time."
C. Vincent Iweanoge, JD, President of Hospitality Concept & Allied Services Ltd said: "This is an amazing project and a dream come true for the Liberian people. This has taken a lot of hard work and dedication by a great team, to make sure it became a reality. This project will create hundreds of jobs for the Liberian people, improve tourism, and add tremendously to the economy, while at the same time taking the Liberian hospitality industry to the next level. This waterfront project will definitely make Liberia a tourist destination again."
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