Hilton has announced plans to open a hotel in Bogota, Colombia, in 2018.

The 414-room Hilton Bogota Corferias will be constructed adjacent to the city’s Corferias convention center and a new convention facility scheduled to open this year. The hotel will be owned in partnership with Pactia, a Colombian private equity fund.

In Colombia, Hilton currently operates 13 hotels and has approximately 10 under development.

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