HILTON HOTELS CORPORATION TIES UP WITH MARIGOLD HOSPITALITY

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Hilton Hotels Corporation has entered into a franchisee agreement with Marigold Hospitality for its business hotel brand Hampton in India. Marigold would set up 16 hotels with an investment of $200-250 million. As per the deal, Marigold will acquire and develop the sites and Hilton will provide expertise in site selection and brand, marketing, technical and technology support. Palm Hospitality will manage the hotels, said Hilton Hotel Corporation in a statement.

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