Hilton Hotels Corporation has signed its newest property, the Hilton Olympia Kuwait, part of a landmark development to house the new Olympic Council of Asia (OCA) headquarters. Due to open in the second half of 2008, the hotel will become Hilton’s second in Kuwait, and is a highly anticipated addition to the leading hotel brand’s portfolio of 14 established properties in the Arabian Peninsula.

The Hilton Olympia Kuwait will be owned by United Resources Real Estate, and managed by Hilton’s International Operations.

“We are thrilled to have signed our second property in Kuwait – a key development market for us in our global pipeline,” said Rudi Jagersbacher, Hilton Hotels’ Vice President, International Operations, Arabian Peninsula speaking at the opening of the OCA General Assembly in Doha, Qatar in the presence of the President of the OCA, His Excellency Sheikh Ahmad Al-Fahad Al-Sabah. “The addition of a second property will strengthen our market position. The Hilton Olympia Kuwait will offer guests a one-of-a-kind stay in an exceptional city, where all their needs will be met whether it’s business or leisure.”

“The Hilton Olympia Kuwait project is our first partnership with Hilton,” said Ghassan M Al Saleh, Chairman and Managing Director, United Resources Real Estate. “We are delighted to join hands with Hilton for this development, which we foresee to be a tremendous success, and look forward to a fruitful and longstanding relationship.”