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Press release from Business Wire

Hilton Worldwide and Sands China Ltd. Sign Franchise Agreement to Bring a New Conrad Hotel to Macao

<p class='bwalignc'> <i>The 636-room Conrad Macao, Cotai Strip is Scheduled to Open in the First Quarter of 2012</i> </p>

Friday, August 05, 2011

Hilton Worldwide and Sands China Ltd. Sign Franchise Agreement to Bring a New Conrad Hotel to Macao12:45 EDT Friday, August 05, 2011 MACAO & MCLEAN, Va. (Business Wire) -- Hilton Worldwide and Sands China Ltd., a majority-held subsidiary of global resort developer Las Vegas Sands Corp., today announced the signing of a franchise agreement to open the first Conrad hotel in Macao. Comprising 636 rooms, the Conrad Macao, Cotai Strip is scheduled to open in the first quarter of 2012 at Cotai Central. Conrad Macao, Cotai Strip joins existing Conrad hotels in Hong Kong and Sanya Haitang Bay, and seven hotels under construction in Dalian, Beijing, Suzhou, Guangzhou, Tianjin, Qingdao, and Xiamen in Greater China. Hilton Worldwide and Sands China Ltd. Sign Franchise Agreement to Bring a New Conrad Hotel to Macao (Photo: Business Wire) John T. A. Vanderslice, global head, luxury and lifestyle brands, Hilton Worldwide, said, “Adding a Conrad in an exciting location like Macao reflects the brand's intent to have a presence in the world's gateway cities and most sought-after resort destinations. Offering a world of style, service, and connection, Conrad Hotels & Resorts are designed for today's affluent traveler. On five continents, Conrad Hotels & Resorts offers stylish, sophisticated global guests the ultimate luxury - The Luxury of Being Yourself.” Andrew Clough, senior vice president, development, Middle East & Asia Pacific, Hilton Worldwide, said, “This is a key project for us as it marks the entry of the Conrad brand, one of Hilton Worldwide's luxury segment brands, into an exciting new market like Macao. To be able to do this with a well-respected hospitality company such as Sands China Ltd. which has a deep understanding of the luxury segment, is indeed beneficial to the brand and we believe the partnership will deliver mutual benefits to both corporations. Conrad Macao now joins a pipeline of 18 Conrad Hotels & Resorts scheduled to open within the next four years, thereby making it one of the fastest growing luxury brands in the hospitality segment.” A world of style, service and connections, Conrad offers guests one-of-a-kind experiences with sophisticated, locally inspired surroundings. The Conrad Macao, Cotai Strip will boast four food and beverage outlets; including Chinese and Macanese specialty restaurants, a health club, spa and outdoor pool. It will be integrated in a development that includes expansive meeting and convention space, two casinos, and a wide and diverse offering of luxury retail outlets, entertainment and dining options. Edward Tracy, president and chief executive officer, Sands China Ltd., said, “Sands China is pleased to introduce our newest integrated resort – Sands Cotai Central – to this fastest growing hospitality market in the world. Cotai Central will specifically provide both high-end branded products for premium guests seeking a luxury lifestyle, and accommodation for affordable luxury on the Cotai Strip. We are excited about bringing the first Conrad to Macao. Renowned for its sophisticated, stylish and luxurious hospitality for affluent travelers, Hilton Worldwide's experience and brand promise will certainly complement existing anchor Sands China properties to further increase and enhance Macao's reputation as the premier and most diversified tourism destination in the region.” Conrad Macao joins a pipeline of 18 Conrad Hotels & Resorts scheduled to open within the next four years, including hotels in China and other global destinations such as Koh Samui (Thailand), New York, Seoul (Korea) and Dubai. About Conrad Hotels & Resorts Conrad Hotels & Resorts is Hilton Worldwide's global luxury brand and the choice for today's modern, sophisticated traveller. By focusing on the individual, Conrad offers guests genuine and personalised service and a world of style, service and connection. Each Conrad is a dynamic reflection of its city and culture, as well as a showcase for striking design and distinct surroundings. Across five continents, in the world's gateway cities and most sought-after resort destinations, Conrad invites each guest to enjoy The Luxury Of Being Yourself®. For information on Conrad, please visit www.conradhotels.com. About Hilton Worldwide Hilton Worldwide is the leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For 92 years, Hilton Worldwide has been offering business and leisure travellers the finest in accommodations, service, amenities and value. The company is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Its brands are comprised of more than 3,750 hotels and 615,000 rooms in 84 countries and include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, Doubletree, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages the world-class guest reward program Hilton HHonors®. For more information about the company, visit www.hiltonworldwide.com. About Sands China Ltd. Sands China Ltd. (HKSE: 1928) (Sands China or Company) is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE:LVS), and a listed company on the Hong Kong Stock Exchange. Sands China is the largest operator of integrated resorts in Macao. The Company owns and operates THE VENETIAN® Macao-Resort-Hotel and THE PLAZA™ Macao at COTAI STRIP™ development and the SANDS® Macao Hotel on the Macao peninsula. The Company's integrated resorts contain a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities, a wide range of restaurants, shopping malls, world-class entertainment at CotaiArena™ and high-speed CotaiJet™ ferry service between Hong Kong and Macao. The Company is also developing new properties on Cotai, with its goal of transforming Cotai into Asia's premier entertainment and business destination. For more information, please visit www.sandschinaltd.com. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6821461&lang=en Hilton Worldwide, Asia PacificAnne Marie Chua, +65 9726 5862annemarie.chua@hilton.com