Hilton Princesses Managua and San Pedro Sula Celebrate Opening

With Three Times The Excitement: Triple Hotels...Triple Miles...Triple Hilton HHonors(R) Points

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. October 14, 2008

MIAMI, FL, April 04, 2006. On April 1, 2006, Hilton Princess Managua and Hilton Princess San Pedro Sula, opened their doors as the latest additions to Hilton's growing Central America portfolio. The conversion of both properties completes a three-property franchise deal that began with the recent conversion of Hilton Princess San Salvador. To celebrate, the three hotels welcome guests with a special introductory Hilton HHonors(R) offer - triple points or triple miles*.

"With three hotels in Central America now, our commitment to grow in the region is only strengthened," commented Danny Hughes, vice president for Hilton International, Caribbean and Central America. "Franchise growth is part of Hilton International's strategy and we are happy to be working with the experienced team at Princess Hotels & Resorts Corporation."

Hilton Princess Managua in Nicaragua is ideally situated in Managua's business and financial district, just steps from restaurants, shopping, and entertainment. The boutique style hotel offers 104 rooms, including Executive Floor rooms, all with wireless high-speed Internet access. Features include Executive Lounge, Garden Court Restaurant, Clancy's English-style pub/bar, five meeting rooms with wireless high-speed Internet, business center, swimming pool, and health club. Local attractions include: Masaya volcano, Granada City, Masaya handicraft market, and "Palacio de la Cultura." Rates start at $109.00**.

The 120-room Hilton Princess San Pedro Sula in Honduras is located in the city's main financial and recreational area, just six miles from the international airport. The hotel features Executive Floor rooms and lounge, guest rooms and five conference rooms with wireless high-speed Internet, business center, Garden Court Restaurant, Clancy's English-style pub/bar, two swimming pools, and gym. Guests can enjoy nearby entertainment including: water sports and fishing at Yojoa Lake, shopping at Guamilito craft market or Honduras' most recognized shopping mall just blocks away, visiting museums, and Central America's most important port "Puerto Cortes." Rates start at $129.00**.

Hilton Princess San Salvador is located in the heart of the city's most exclusive area, just 35 minutes from the international airport. The 204-room hotel boasts guestrooms with views of the cityscape or the breathtaking volcano, including Executive Floor rooms and lounge, Garden Court Restaurant, Churchill's Bar, piano bar, health club, full service spa, and more. Hilton Princess San Salvador offers approximately 22,000 sq.-ft. of ballroom and meeting space including 12 meeting rooms with an 800-person capacity and a business center with private offices. Rates start at $129.00**.

Between April 1 and June 30, 2006, members of Hilton's renowned loyalty program can earn either triple HHonors Base points or triple airline miles during visits at any of the three Hilton Princess hotels. When making reservations, guests should request promotion code QJ to earn triple HHonors Base points or promotion code QL to earn triple miles. Triple miles can be earned with select airlines, including: American Airlines(R), Continental Airlines(R), Delta Air Lines(R), Mexicana(R), or United(R).

If not already a Hilton HHonors member, guests can easily enroll on-line at www.hiltonhhonors.com. For reservations, visit www.hilton.com or call 1-800-HILTONS.

*Offer valid for stays between April 1 and June 30, 2006, when booking the promotion code QJ to earn triple HHonors Base points or promotion code QL to earn triple miles. Offer is subject to availability, cannot be combined with any other offer, and certain restrictions may apply. Triple Base points means you will receive a bonus equal to two times the number of Base points earned during a stay. Bonus points do not count toward VIP tier qualification. Hilton HHonors membership, earning of Points & Miles(R), and redemption of points are subject to HHonors Terms and Conditions. (c)2006 Hilton HHonors Worldwide.