Concord Breaks Ground on Hilton Garden Inn in Arlington TX

. October 14, 2008

MARCH 28, 2008. Concord Hospitality Enterprises, one of the nation's top-ranked hotel developer/owner/operators, today announced it has broken ground on a 132-room Hilton Garden Inn in Arlington, Texas. The property marks the beginning of Concord's planned expansion into the Southwest, which will include additional new-builds in Texas and Arizona. The hotel is expected to open in the 2009 first quarter.

"The Southwest remains a high-growth region, and our expansion there will allow us to take advantage of the opportunities there and to geographically diversify our portfolio," said Mark Laport, CEO of Concord. "Plans call for us to break ground on an additional five properties in Texas and one in Arizona by the end of the year."

"We will also be breaking ground on additional new-build properties in areas where we are established and can take advantage of regional synergies, including Pennsylvania, New Jersey and Canada. At the same time, we are expanding the range of hotel brands in our portfolio, and the Hilton Garden Inn Arlington marks a rekindling of our relationship with the Hilton Family of brands. We look forward to building on our relationship with them going forward."

Located at 2190 East Lamar in the heart of the Dallas/Fort Worth Metroplex, the property is less than 10 minutes from DFW Airport and the new Dallas Cowboys Complex and Glory Park Entertainment District. The hotel will feature more than 2,000 square feet of meeting space, a ballroom and a full-service dining restaurant lounge and bar. Other amenities include and an outdoor pool and Jacuzzi. Each guestroom will feature HD plasma TVs and high-speed Internet access.

In addition to a full array of Marriott-affiliated properties the company owns and manages, Concord also is an approved developer of Element, a Starwood brand; Hyatt; Hilton Garden Inn; and Hampton Inn and Suites.

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