First of Two New Brands from Hilton Announced

Home2 Suites by Hilton™ is value-wise, extended-stay hotel brand with “hip and humble” styleBEVERLY HILLS, Calif., (Jan. 26, 2008) – Hilton Hotels Corporation today announced the launch of Home2 Suites by Hilton™, a new mid-tier, extended-stay hotel concept targeting the savvy, value-wise, extended-stay guest, an under-represented segment of the marketplace. The announcement was made at a special media and developer event prior to the kickoff of the 8th Annual America’s Lodging Investment Summit in San Diego, Calif. To demonstrate the strong interest from the hotel development community, 10 submitted franchise applications were announced at this morning’s event, with the first Home2 Suites hotel expected to begin construction in the next 6 to 12 months. Executives anticipate an additional 10 to 15 franchise applications to be approved within the next 30 to 60 days.