New York's exclusive The Waldorf Towers hotel within the landmark Waldorf-Astoria has been named as the first Conrad Hotel in north America.

The property conversion follows the announcement last November that Conrad Hotels is set to expand as the worldwide luxury hotel brand of Hilton Hotels Corporation and Hilton Group plc.

"The Waldorf Towers, with its prestigious and legendary history of fine service, is the perfect hotel to represent Conrad Hotels in its North American debut," said Conrad president Clem Barter.

"This is a very important move for our brand, as this conversion is just one example of how we expect to grow Conrad Hotels portfolio of luxury hotels around the world."

"Conrad Hotels has developed a distinctive and exceptional brand reputation, which perfectly matches The Waldorf Towers' current service, standards and product," said Pamela Graber, executive director of The Waldorf Towers.

"Their support will be an added asset for the future and we are looking forward to this new relationship."

Opened in 1931, The Waldorf Towers is an exclusive "hotel-within-a-hotel" that has served as the setting for some of New York's most historical moments and meetings.

The hotel has been the New York home of every US president since Herbert Hoover, as well as numerous world leaders, royalty and celebrities.

It occupies the 28th through 42nd floors of The Waldorf-Astoria, affording guests convenient access to all the fine restaurants, shops and services of the adjoining landmark hotel.