Doubletree Hotels Continues Strong Growth Pattern in Development Pipeline

Nine Full-Service Hotel Additions In Six Months Include Firsts In Wisconsin, Vermont and Western Col

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. October 14, 2008

BEVERLY HILLS, CA, June 6, 2005. Doubletree Hotels today announced that between January and June of this year the brand has added nine new hotels to its growing roster. This rapid growth pattern puts Doubletree on a solid development pace that could potentially add nearly 20 hotels to the brand's current collection of 160 full-service properties during 2005. With approximately 25 additional Doubletree deals in various stages of planning and/or development, Doubletree is well on its way to accomplishing its goal to increase its current hotel portfolio to 200 full-service hotels throughout North America and Latin America by 2008.

"In today's fast growing hotel investment market, it's important that owners and franchisees align products with a brand and a company that provides them with the tools to meet or exceed their revenue performance goals. Doubletree provides an ideal opportunity for developers to successfully build or convert a full-service hotel in markets where demand exists," said Dave Horton, senior vice president - brand management for Doubletree. "From construction or conversion right through day-to-day operations of the hotel, the support structure available through our brand is one of the best in the industry. As a result, we continue to receive significant interest from hoteliers throughout North America who understand and appreciate the flexibility and affordability of our brand's resources, as well as the opportunity to reposition their assets with us."

Doubletree hotels benefit from an experienced hotel support team as well as a global marketing, sales and technology infrastructure. This important combination provides owners and developers with the tools and support programs they're looking for to drive business to their hotels, build and retain customer loyalty and manage their business for maximum results.

All of the properties that have joined the Doubletree collection during 2005 are conversions from other brands or independently run properties, which is one example of how hotel owners see the benefit in affiliating with Doubletree and the Hilton Family of Hotels. However, the brand is looking equally at both new builds and conversions in the U.S. and Canada as part of its overall growth strategy.

"Current Doubletree owners across North America also are celebrating in our growth by making significant new investments in our brand. They've already committed to nearly $375 million in product enhancements to reinvigorate our overall hotel experience by providing the true comforts of home," Horton commented. "From our Sweet Dreams(R) by Doubletree sleep experience now available in all hotels to contemporary room and public space designs to a comprehensive package of guest technology offerings, and totally new room designs, investors who are rediscovering the new direction Doubletree has undertaken have been impressed."