Hilton (HLT) Debuts Flagship Brand In Yantai Golden Coast

Hilton Worldwide Holdings Inc. (NYSE:HLT) announced the debut of its flagship brand in Yantai. Named Hilton Yantai Golden Coast, the hotel is owned by Yantai Dongyin Golden Coast Hospitality Co. Ltd and managed by Hilton.

The 409-roomed hotel is located in the Yantai Economic and Technological Development Area. It is located near many renowned companies and is also close to the Golden Beach. Additionally, the hotel is located near the city's shopping region. Also, it is only a short distance away from the Yantai Penglai International Airport.

Guests of Hilton Yantai Golden Coast will enjoy easy access to popular tourist attractions like 37 Degree Dream Sea Water Park, Changyu Castle Winery, Cishan Hot Spring and Penglai Pavilion. The hotel will also provide guests with scenic views of the sea and the hotel's courtyard. Guests occupying the Executive rooms will be given entry to the Executive Lounge, which serves complimentary breakfast, afternoon tea and Happy Hour canapés in the evening.

The hotel also has 12 multi-function meeting rooms, equipped with modern technology, as well as two ballrooms with sea views that can be used for a number of events ranging from gala dinners to board meetings. A business center provides secretarial and business services, while a dedicated hotel team offers on-site support.

Guests can also enjoy an indoor swimming pool, a 24-hour fitness center, a rooftop tennis court and activity rooms. Hilton Yantai Golden Coast also has three restaurants and a bar offering various dishes and cuisines.

Hilton’s decision to expand in the Yantai region of China's Shandong province reflects the company’s confidence in tourism growth across the region in 2016 and beyond.

Some better-ranked stocks in the same sector include Belmond Ltd. (NYSE:BEL) and Intrawest Resorts Holdings, Inc. (NYSE:SNOW) , sporting a Zacks Rank #1 (Strong Buy), and Marriott Vacations Worldwide Corp. (NYSE:VAC) with a Zacks Rank #2 (Buy).