Hilton Hotels to boost global expansion

Follow Prabhjot Bedi on Twitter Hilton Hotels Corp. has signed deals with three real-estate groups to develop more than 55 properties in Russia, Britain and parts of Central America, the Wall Street Journal reported on Sunday.

The report said the partners were projected to cover the full construction costs estimated at $1.7 billion, as part of Hilton's plan to accelerate its drive to franchise new hotels and expand its brands outside the United States.

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