Homewood Suites By Hilton(R) Opens Hotel In Downtown Seattle, Washington

Furthers the brand's growth into urban area development

May 23, 2008 // Franchising.com // MEMPHIS, Tenn. -- Homewood Suites by Hilton®, the international brand of upscale, all-suite, residential-style hotels, has opened the 195-suite Homewood Suites by Hilton Seattle Convention Center / Pike Street. The hotel is owned by AEW SBCO Seattle, L.L.C. and managed by Stonebridge Companies.

"This build demonstrates Homewood Suites' continued foray into urban markets, and we are excited to offer this property as an attractive lodging option to those visiting the Seattle area,¨ said Greg Dietl, general manager. We are thrilled to be part of Homewood Suites' continued growth and development.¨ As interest and growth in downtown areas have risen drastically over the past several years, the urban market now offers a wealth of potential extended stay business- an ideal opportunity for Homewood Suites development. The brand has a number of properties situated in the heart of many downtown locations, putting visitors right in the center of a wide variety of shopping, dining and attractions.

"Today's guests seek balance in their lives - they work hard and play hard and deserve a home away from home,¨ says Navin C. Dimond, President and Chief Executive Officer of Stonebridge Companies. The aim of our $9 million renovation was to put the living part of living on the road' into the guest experience.¨ Upgrades to the hotel include granite countertops and vanities, 32¨ LCD televisions in all guest rooms and suites, a billiards room and revitalized decor throughout the hotel.

Homewood Suites Seattle - Downtown/East, located at 1011 Pike St., is adjacent to the Washington State Convention & Trade Center, near the lively, world-famous Pike Place Market, and only three blocks from the Paramount Theater. Complimentary downtown shuttle service is available to many Emerald City¨ attractions such as first-rate museums, trendy shopping, exciting entertainment and delicious dining.

Launched in 1989, the Homewood Suites by Hilton brand today has more than 225 hotels open with another 140 in the development pipeline. Beyond its spacious suites and home-like amenities, Homewood Suites guests can find at each hotel an on-site Suite Shop convenience store, exercise facility and guest laundry at most locations. Guests can also enjoy a daily complimentary Suite Start® hot breakfast and a Welcome Home® reception featuring a complimentary light meal and beverages Monday-Thursday evenings. Additional guest services at Homewood Suites by Hilton hotels include a complimentary grocery shopping service* and a complete business center at most locations.

To make reservations at a Homewood Suites by Hilton hotel, travelers can visit the Homewood Suites Web site at homewoodsuites.com or call 1-800-CALL-HOME. Homewood Suites participates in Hilton HHonors®, the only hotel rewards program that offers Points & Miles® and No Blackout Dates. HHonors members can earn both hotel points and airline miles for the same stay at more than 3,000 Hilton Family hotels worldwide. And with No Blackout Dates as long as a standard room is available, members can confirm that room using their HHonors points.

Hilton Hotels Corporation is the leading global hospitality company, with more than 3,000 hotels and 500,000 rooms in 74 countries and territories, including 100,000 team members worldwide. The company owns, manages or franchises a hotel portfolio of some of the best known and highly regarded brands, including Hilton®, Conrad® Hotels & Resorts, Doubletree®, Embassy Suites Hotels®, Hampton Inn®, Hampton Inn & Suites, Hilton Garden Inn®, Hilton Grand Vacations®, Homewood Suites by Hilton® and The Waldorf=Astoria Collection®.

For more information about our company, please visit www.hiltonworldwide.com, and to learn about our; be hospitable philosophy, please visit www.behospitable.com.

Founded in 1991 by Navin C. Dimond, Stonebridge Companies is a privately owned, innovative hotel management company headquartered near Denver, Colorado, which has developed over 60 hotels and operated more than 75 lodging properties. Currently, Stonebridge Companies operates nearly 40 hotels comprising approximately 6,000 guest rooms in Alaska, Arizona, California, Colorado, Florida, Nevada, Utah, Virginia and Washington. The diverse portfolio includes select-service, extended stay, mid-scale and full-service hotels in primary and secondary markets. For detailed information, visit www.StonebridgeCompanies.com.

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