Embassy Suites Hotel-waikiki Beach Walk Now Accepting Reservations

Guests Can Begin Planning Hawaiian Vacation for 2007

WAIKIKI BEACH (Tuesday, August 22, 2006) - Embassy Suites Hotels® is now accepting reservations for Hawaii's first all-suite hotel, the all new Embassy Suites Hotel-Waikiki Beach Walk, for stays beginning February 9, 2007. The hotel, located in the heart of Waikiki on the island of Oahu, is nearing completion and reservations lines have been turned on and agents are taking calls.

"We are excited to begin booking reservations for our future guests, and for them to experience our new all-suite hotel," said the hotel's general manager Bob Yeoman. "We have been anticipating the opening of this impressive property and we're looking forward to welcoming each and every guest in the new year."

Located just steps away from the world-famous Waikiki Beach, Embassy Suites Hotel-Waikiki Beach Walk offers two towers of guest suites connected by an expansive fourth-floor Grand Lanai. The Grand Lanai offers nearly 2,000 square feet of meeting space and boasts a spacious sundeck, swimming pool with a flowing waterfall, pool bar with nightly entertainment and a covered terrace where guests will enjoy the signature complimentary cooked-to-order breakfast daily and evening Manager's Receptions* with complimentary refreshments and appetizers.

The all-new, all-suite resort is owned by Outrigger Enterprises, Inc. and the first tower of the hotel is set to open in November. Each of the resort's spacious one- and two-bedroom suites includes a separate living room, two LCD flat Panel TVs, mini refrigerator, wet bar, microwave, coffee maker, two telephones, an in-room safe, and an MP3/CD player clock radio. In addition, the resort offers complimentary 24-hour fitness center, 24-hour business center, in-room safe, as well as free local and domestic long distance phone calls and high-speed Internet access for all guests. Many suites also offer a breathtaking ocean view.

When not on the beach, guests will appreciate the resort's prime location in the midst of the brand new, $460 million Waikiki Beach Walk™ entertainment district. Embassy guests will have the chance to browse among a wide selection of resort shops and boutiques, enjoy a leisurely meal at fine eateries such as Roy's® Waikiki, Yard House, Ruth's Chris® Steak House, and Holokai Grill, or experience the cultural activities and musical events in and around the open-air plaza and Waikiki Beach Walk's center stage.

About Embassy Suites Hotels

Embassy Suites Hotels is a member of the Hilton Family of Hotels and opened its first hotel in 1984. It was the first all-suite upscale hotel brand to enter the industry and today has nearly 190 hotels. To make reservations or learn the locations of Embassy Suites Hotels in urban, suburban, airport and resort areas, travelers can visit the Embassy Suites Hotels Web site at www.embassysuites.com, call 1-800-EMBASSY or contact their professional travel agent.

Hilton Hotels Corporation (NYSE:HLT) is the leading global hospitality company, with nearly 2,800 hotels and 475,000 rooms in more than 80 countries, including 150,000 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®, Coral by Hilton®, Doubletree®, Embassy Suites Hotels®, Hampton Inn®, Hampton Inn & Suites®, Hilton Garden Inn®, Hilton Grand Vacations™, Homewood Suites by Hilton®, Scandic and The Waldorf=Astoria Collection™.

About Waikiki Beach Walk™
Waikiki Beach Walk™ is the largest development project ever to be undertaken in Waikiki. The 8 acre area, bordered by Kalakaua Avenue, Lewers Street, Kalia Road, Beach Walk and Saratoga Road, will be completely rebuilt and emerge as a vibrant showcase and gathering place in the new Waikiki. With a total cost of $460 million, it will feature an outdoor entertainment plaza, 40 new retailers, six great restaurants, and four hotels. Incorporating a design theme that celebrates Hawaii's voyaging and ocean heritage and takes advantage of the island's cooling trade winds and year-round excellent weather, Waikiki Beach Walk™ will be the consummate expression of Hawaii today -- a place where people come to be enlivened with warm hospitality, a rich confluence of cultures, and nature's precious gifts from land and sea. The project's Phase One is scheduled to be completed in December 2006. For more information, visit www.waikikibeachwalk.com.

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*Subject to state and local laws. Must be of legal drinking age.

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