Newly Converted Embassy Suites Baltimore Downtown to Open Doors in 2013

Upper Upscale All-Suites Brand Moves into Historic Venue in Inner Harbor; Will Continue to Host Meetings and Events

October 18, 2012 // Franchising.com // McLEAN, Va. – Embassy Suites Hotels today announced the May 2013 opening of the Embassy Suites Baltimore Downtown, which will be the largest full-service all-suites hotel in downtown Baltimore and the upper upscale hotel brand’s third property in the state of Maryland. This newly converted property, which is being called the Tremont Suites Hotel & Grand Historic Venue in the interim, is being developed by a joint venture between Garrison Investment Group and The Chartres Lodging Group, and managed by Kokua Hospitality, LLC. The 37-story, 300-room hotel is located within the celebrated cultural hub of downtown Baltimore’s Inner Harbor, at 222 St. Paul Place in Baltimore, Md.

“We’re excited to welcome this storied property into our portfolio and to bring the Embassy Suites brand into the revitalization of downtown Baltimore,” said John Rogers, Global Head of Embassy Suites Hotels. “This conversion hotel is a demonstration of our flexible approach to development. We look at our key brand pillars – two-room suites, welcoming atriums, complimentary cooked-to-order breakfasts and Complimentary Evening Receptions* – and work with developers to fit them into a variety of spaces, whether it’s a conversion or a completely new build.”

The hotel encompasses the acclaimed Grand Historic Venue, which underwent a $27 million renovation in 2006 and features 45,000 square feet of meeting space with 19 individually restored banquet rooms. It has been a popular space for local weddings, business meetings, parties and other events, and will remain as such under the new Embassy Suites name. Venue spaces of note include the Marble Room, a distinguished ballroom space featuring stained-glass windows circa 1866, and the Corinthian Room, the grand ballroom adorned with chandeliers and gilded columns.

“We’re pleased to partner with Embassy Suites Hotels to continue to offer excellent guest service in the backdrop of this historic venue,” said Maki Nakamura Bara, President of Chartres Lodging, which owns the property, and Co-Chairman of Kokua Hospitality. “The hotel will provide a comfortable and convenient offering for business and leisure travelers alike in the blossoming downtown Baltimore area.”

Embassy Suites Baltimore Downtown will feature all of the signature amenities standard at any Embassy Suites hotel including an atrium, free cooked-to-order breakfast each morning, a two-hour Complimentary Evening Reception each night, two-room suites with a separate living area, private bedroom and wet bar fitted with a microwave, mini-fridge and coffee maker. It will also offer a Precor fitness center, including a Yoga Studio, and a 24/7 complimentary business center. Guests will be able to dine at the full-service Tugs Restaurant or in the hotel deli.

To make reservations, travelers will be able to visit Embassy Suites Hotels at www.embassysuites.com or call 1-800-EMBASSY.

*Service of alcohol subject to state and local laws. Must be of legal drinking age.

About Embassy Suites Hotels

Embassy Suites Hotels, one of Hilton Worldwide’s ten market-leading brands and one of Parents magazine’s 10 Best Hotel Chains for Families of 2012, gives guests more during every stay. The full-service, upscale brand offers spacious two-room suites, free cooked-to-order breakfast and nightly Complimentary Evening Receptions with appetizers and beverages. Both leisure and business travelers looking for an approachable, upscale experience feel right at home in the brand’s inviting atrium environment. Embassy Suites Hotels has 213 properties across the Americas and nearly 30 more in the pipeline. For more information, visit embassysuites.com, and connect with Embassy Suites at embassysuitesmediacenter.com, facebook.com/embassysuiteshotels and twitter.com/EmbassySuites.

About Hilton Worldwide

Hilton Worldwide is a leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For 93 years, Hilton Worldwide has offered business and leisure travelers the finest in accommodations, service, amenities and value. The company is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Its brands are comprised of more than 3,900 hotels and timeshare properties, with 640,000 rooms in 90 countries and include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages the world-class guest reward program Hilton HHonors®. Visit www.hiltonworldwide.com for more information and connect with Hilton Worldwide at www.facebook.com/hiltonworldwide, www.twitter.com/hiltonworldwide, www.youtube.com/hiltonworldwide, www.flickr.com/hiltonworldwide and www.linkedin.com/company/hilton-worldwide.

About Kokua Hospitality, LLC

Kokua Hospitality, LLC, is a hotel management firm founded by its parent, The Chartres Lodging Group, LLC, with the mandate to become the operator of choice for strategic institutional and select private lodging investors by producing superior results as turnaround specialists. Created by veteran lodging investment and management experts to appeal to an investor’s sensibility, Kokua Hospitality blends best-in-class operating practices with an owner’s DNA. Kokua Hospitality manages a growing portfolio of hotels and resorts nationwide. For more information on Kokua Hospitality, please visit http://www.kokuahospitality.com/ and follow us on Twitter @kokuahotels and http://kokuahospitality.wordpress.com/.

About Chartres Lodging Group, LLC

The Chartres Lodging Group, LLC, is an investment and advisory firm focused on the acquisition, asset management, renovation and development, and property management of lodging assets. Chartres Lodging's principals have been responsible for over $8 billion of lodging investments and have asset managed over 100 upscale and luxury hotels, resorts and conference centers. The firm is currently responsible for a $2.2 billion, 12,500-room portfolio of luxury and upscale hotels, conference centers and resorts in the United States and Japan. Chartres Lodging's principals and employees are direct investors in 90 percent of this portfolio. For more information on The Chartres Lodging Group, please visit www.chartreslodging.com .

About Garrison Investment Group

Garrison Investment Group is a leading U.S. credit and asset-based investor with $3.0 billion of assets under management. The firm invests across a wide range of asset classes including middle market corporate loans, commercial & industrial loans, consumer loans/assets and commercial real estate including a large and diversified hotel portfolio. Garrison is based in New York and has a team of 62 employees (37 investment professionals).

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