Embassy Suites Opens First Alaskan Property

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. October 14, 2008

JUNE 24, 2008. Embassy Suites Hotels today announced the brand's debut in The Last Frontier - Alaska - with the opening of the Embassy Suites Anchorage. Located in midtown Anchorage, the 169-suite hotel is also the upscale brand's first property developed and owned by Colorado-based Stonebridge Companies. It joins the company's other Hilton Family hotels in Anchorage: the Hilton Garden Inn(R) - Anchorage, Homewood Suites by Hilton(R) - Anchorage and the Hampton Inn(R) Anchorage.

The newly-built hotel exhibits the brand's domestic growth plans and continued integration into untapped U.S. markets. Located just two miles from Ted Stevens International Airport and downtown Anchorage, the Embassy Suites Anchorage is positioned to be the most luxurious, all-suite hotel in the state of Alaska.

"We are thrilled to bring the Embassy Suites brand and upscale all-suite concept to Alaska, offering our unique value proposition to an emerging U.S. market," said Jim Holthouser, senior vice president, brand management, Embassy Suites Hotels. "Expansion into new markets like Anchorage is imperative to our continued growth and success, as well as our goal of 300 hotels built, under construction or in the pipeline by 2010. It is also essential to the brand's growth to broaden our developer base, which we are accomplishing by working with Stonebridge Companies."

Located in the epicenter of Anchorage, the hotel is ideal for both business and leisure travelers. In addition to core amenities consistent with all Embassy Suites Hotels -- complimentary cooked-to-order breakfast, nightly Manager's Reception, open-air atrium and spacious two-room suites -- the hotel offers special touches to showcase the local flavor of Anchorage.

The sense of arrival created in the atrium is achieved with a variety of stone work that evokes true Alaskan nature. The hotel's check-in pods create a warm and personal Alaska welcome; guests are also greeted in the atrium by the hotel's signature water feature, featuring three brushed steel whale's tails, as well as other one-of-a-kind Alaskan-influenced objects.

In keeping with the Alaskan theme throughout, the hotel's restaurant, Pi Kitchen + Bar, offers traditional Alaskan cuisine with a twist. Menu items such as Hawaiian Sliders made with Kalua pork, Crab Mac & Cheese, Russian Perok and Ponzu Lemongrass Scallop & Shrimp Brochette offer diners a taste of Alaska with influences from around the world.

The Embassy Suites Anchorage is just one block from the British Petroleum offices, and within walking distance of a variety of restaurants and shopping options. The property features spacious, one- or two-room suites as well whirlpool suites - all offering a separate living area with a sofa bed and desk, private bedroom and bath, two televisions, wired and wireless high-speed Internet access, refrigerator, microwave oven, and coffeemaker. In addition, the Embassy Suites Anchorage boasts amenities including a full-service restaurant, bar and lounge, business center, meeting space with onsite catering, indoor pool, whirlpool and Precor(R) fitness center and complimentary shuttle service to and from the airport within a three-mile radius.

"We are excited to open the first Embassy Suites property in Alaska. With such a strong value proposition, and excellent performance and quality standards, Embassy Suites is a winner for both the developer and the consumer," said Stonebridge Companies President and CEO Navin C. Dimond. "The Embassy Suites Anchorage is the fourth hotel Stonebridge Companies has developed in Anchorage and demonstrates our commitment to be in the community for the long term."