Waldorf Astoria Hotels & Resorts, Hilton's (NYSE: HLT) iconic luxury hotel brand, today announced its debut in Mexico as it assumes operation of the award-winning The Resort at Pedregal and rebrands the iconic hotel as Waldorf Astoria Los Cabos Pedregal. Known as one of the best hotels in Mexico and recently acquired by affiliates of Walton Street Capital Mexico, the luxury retreat is set on 24 acres of dramatic mountains and pristine beaches, and is primed to welcome guests with True Waldorf Service beginning Q4 2019.

We are proud to own one of Mexico’s most iconic luxury resorts and look forward to uniting this stunning hotel with Waldorf Astoria’s intuitive service culture and unforgettable experiences,” said Federico Martin del Campo, CEO of Walton Street Capital Mexico. “Our guests have come to expect the very best from our properties and we are delighted to join with Waldorf Astoria to implement their unique standards of luxury service. Along with the Conrad Punta de Mita Resort (opening early 2020) and the Hilton Los Cabos, this represents our third resort project in Mexico with Hilton, further solidifying our partnership with Hilton for many years to come. We believe there is a tremendous opportunity for Mexico's hospitality sector to continue its historical growth trajectory, and are excited for the future of the Waldorf Astoria Los Cabos Pedregal.