Hilton (NYSE: HLT) today announced the signing of a management agreement to open Hilton Tirana – a brand-new 174 room property in the heart of the Albanian capital. The hotel, owned by Kastrati Residences Ltd, a subsidiary of Kastrati Group, is set to open towards the end of 2023 and will be Albania’s first Hilton Hotels & Resorts property.
Influenced by a Mediterranean seasonal climate, Tirana is said to be one of the sunniest cities in Europe. Boasting an abundance of entertainment, arts, music and food, its proud historic monuments are contrasted with modern buildings and stunning mountain scenery. Tirana’s central location and modern transportation links also make it the most important economic and political hub in Albania.