Hilton announced the signing of a management agreement with Corferias to operate a new build Hilton Hotels & Resorts property in the convention and exhibition center of Bogota, Colombia. Scheduled to open in 2018, the new 414-room Hilton Bogota Corferias will extend the company's presence in Colombia, where Hilton currently has a portfolio of 13 operating hotels and approximately 10 under development. The hotel will be strategically located adjacent to the existing Trade Fair Venue and Exhibition Center, Corferias and the Agora Bogota International Convention Center scheduled to open in 2017 - a project led by the Bogota Chamber of Commerce. Approximately 10 minutes from El Dorado International Airport, the new Hilton Bogota Corferias will serve as an ideal base for travelers visiting the city for major events and conferences.