Acquisitions & Hotel Openings

$272 M 600-key Cleveland Convention Center Hotel, Hilton Cleveland/Downtown Breaks Ground in Ohio

CLEVELAND – April 30, 2014 - Cuyahoga County Executive Ed FitzGerald and Cleveland Mayor Frank Jackson were joined by Ted Ratcliff, Senior Vice President of Operations, Eastern North America, at Hilton Worldwide, and other distinguished guests this afternoon for a groundbreaking ceremony to formally recognize the start of construction on the largest hotel project in downtown Cleveland.

"The start of this construction project marks another step forward in Cleveland's rebirth, and puts Ohio's largest city in an even stronger position to compete for trade show and convention business," said County Executive FitzGerald. "I am especially proud that we are creating hundreds of new jobs for hardworking families in our region, and I thank all of our public and private partners for their unprecedented collaboration in moving this project forward."

"The groundbreaking for this hotel is yet another sign that Cleveland continues to improve itself in order to provide visitors and businesses with the finest amenities," said Mayor Jackson. "World class entertainment venues, great amenities and Clevelander's welcoming attitude are the things that will keep people coming to Cleveland to work and play."

The hotel will feature a 28-story tower filled with 600 guest rooms positioned atop a fourstory podium of ballrooms, meeting space, retail space, and the lobby. The hotel will feature a rooftop bar as well as underground connections to the Cleveland Convention Center and the Global Center for Health Innovation. The hotel is scheduled to open in 2016. "Hilton Hotels & Resorts is pleased to be entering the downtown Cleveland market with a property which will play to the brand's considerable strength in managing convention center properties. The hotel's location will undoubtedly be of great advantage not only to the Cleveland Convention Center but also to the Global Center for Health Innovation," said Ted Ratcliff, Senior Vice President, Operations, Eastern North America, Hilton Worldwide.

Situated on the site of the former Cuyahoga County Administration Building, the $272 million project is expected to employ 2,800 workers on the construction job and 450 full-time jobs at the hotel.

"Hilton's brand recognition, loyalty programs and national sales teams will add to Cleveland's growing reputation as a meeting and convention destination," says David Gilbert, President & CEO of Positively Cleveland. "Bringing Hilton to Cleveland marks an unprecedented increase in the number of hotel rooms available and adds depth and variety to the city's downtown market, creating a healthy competition between all of the existing hotel brands."

The hotel was designed by Atlanta architecture firm, Cooper Cary, and is being constructed by Turner Construction Company, Ozanne Construction Company, and Van Aukin Akins Architects. Cuyahoga County and Turner Construction Company have voluntarily compiled an inclusion plan for construction to include 25% small businesses, 7% female-owned businesses, and 15% minority-owned businesses. Cuyahoga County and Turner Construction Company are also committed to meeting or exceeding residency goals for employees hired during the construction project, including 40% Cuyahoga County residency and 20% City of Cleveland residency.

For additional information on the Hilton Cleveland/Downtown hotel project, including a time-lapsed video and photos of construction, please visit: http://www.cuyahogacounty.us/en-US/Cuyahoga-County-Convention-Center-Hotel-Project.aspx

About Hilton Hotels & Resorts

Founded in 1919 as the flagship brand of Hilton Worldwide, Hilton Hotels & Resorts continues to build upon its legacy of innovation by developing products and services to meet the needs of savvy global travelers at more than 550 hotels across six continents. Hilton is the stylish, forward-thinking global leader in hospitality with Team Members shaping experiences in which every guest feels cared for, valued and respected. Access the latest news at news.hilton.com and begin your journey at www.hilton.com or www.hilton.com/offers for the latest hotel specials. View a list of official social channels at www.hilton.com/social. Hilton Hotels & Resorts is one of Hilton Worldwide's ten market leading brands.

Coming Up In The September Online Hotel Business Review


Feature Focus
Hotel Group Meetings for 2015
As the economy continues to improve, hotels are finally luring back business travelers, including those who are participating in group meetings and conventions. According to The Global Business Travel Association, group travel spending has grown 5.3% to $117.1 billion in 2014, a figure that well exceeds previous expectations. Given that group business accounts for as much as 30-40% of total revenues for a hotel operation, this is welcome news indeed. Still, this is no time for complacency. Savvy hoteliers are incorporating new creative ideas into their operations in order to satisfy their clientele and to differentiate themselves for their competition, with the ultimate goal of making meetings easier, more comfortable and even more fun. The emphasis seems to be on making group meetings “less institutional” and “more residential”. One hotel chain has created meeting spaces that are more like lounges than standard conference rooms. Another offers its guests unusual food options like make-your-own trail mix stations and smoothie bars. Still another provides its guests with mobile apps that will let them make requests — from ordering coffee and food to changing the room temperature — without ever leaving the meeting room. Technological innovations are also of paramount concern as meeting planners are demanding that the latest innovations be available to attendees including universal wireless Internet access, videoconferencing capabilities, charging stations, and a secure protected environment in which to conduct proprietary business. Finally, some hotels are offering more breakout rooms in order to encourage smaller and more intimate interchanges among attendees after long group sessions throughout the day. The September Hotel Business Review will examine what some hotels are doing to facilitate this segment of their business and to meet the expectations of their guests.