Houston, TX — — — Houston’s Hilton Hotels and Resorts has shuttered its doors as of March 31.
In a statement, the company said that, “We have made the difficult decision to close our Houston Hilton in the coming weeks and we thank the thousands of Houstonians who have been with us throughout this transition.
As the Houston Hilton continues to grow, we look forward for a new phase in the lives of our guests.””
Hilton Houston is a unique and cherished Houston hotel, and we want to thank our loyal Houstonians for their loyalty and support.
As the Houston Hilton continues to grow, we look forward for a new phase in the lives of our guests.”
The announcement came after Houston Mayor Sylvester Turner announced plans for a $50 million expansion of the Hilton Hotel to include a hotel suite.
Turner is also trying to get more people to use the city’s transportation system.
The Houston Hotel has been one of the hottest properties in town.
The property was one of several properties that Hilton announced plans to open for business.
The Hilton Houston opened in December of 2015.
The Hilton is the first of four Houston-based hotels to be sold to Chinese developer CNOOC Group.
The announcement comes as China’s government is pushing to expand its reach into the U.S. as the country faces a global economic slowdown.
The country has been hit by a series of financial crises and political unrest in recent years.
Chinese Premier Li Keqiang has announced a series on infrastructure investment, with a $1.2 trillion package that includes a $40 billion bank bailout for the country’s banks.
More than $600 billion has been earmarked for China’s economic growth over the next five years, according to a new report from the World Bank.