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MeriStar Reflags its 742-room Radisson Hotel at
Universal Studios Theme Park in Orlando, Florida
to the Doubletree Brand
.
ARLINGTON, Va., April 30, 2004 — MeriStar Hospitality Corporation today announced that its Radisson hotel at the entrance to Universal Studios Theme Park in Orlando, Florida, has been converted to the Doubletree brand.  The company said it is one of 10 properties in the REIT’s portfolio earmarked for conversion this year.  The company said it will invest approximately $10 million in renovations to the property, which will be completed over a two-year period.
 
“We continue to refine our portfolio through conversions and acquisitions to focus on first-class, urban and resort hotels with significant meeting space,” said Paul W. Whetsell, chairman and chief executive officer.  “This hotel has more than 60,000 square feet of meeting space, and we believe that the conversion to a Doubletree with its reservations system and group meeting sales force better aligns the property with our interest in accommodating large groups.  As a Doubletree hotel, the property now is part of the Hilton
Doubletree Hotel at the
Entrance to Universal Orlando
(artist's rendering of the exterior)
family of brands and will benefit from the Hilton reservations system and HiltonHonors guest frequency program.”

The 742-room Doubletree Hotel, which is managed by Interstate Hotels & Resorts, is located at the entrance to the world-famous Universal Orlando theme park, featuring Universal Studios, Islands of Adventure and CityWalk. 

The $10 million in renovations planned for the property will include upgrades to guest rooms, the lobby, the building façade, meeting space, restaurants and retail space.  The hotel will remain open during the renovations. 

As part of the planned renovations, the façade of the hotel’s twin towers will be redesigned, transforming the property into a highly visible landmark for theme park visitors. 

Arlington, Va.-based MeriStar Hospitality Corporation owns 80 principally upscale, full-service hotels in major markets and resort locations with 21,995 rooms in 23 states, the District of Columbia and Canada.  The company owns hotels under such internationally known brands as Hilton, Sheraton, Marriott, Westin, Doubletree and Radisson. 

This press release contains forward-looking statements about MeriStar Hospitality Corporation, including those statements regarding future operating results, the timing and composition of revenues and expected proceeds from asset sales, among others. 

###

Contact:
MeriStar Hospitality Corporation
Bruce Riggins
VP, Strategic Planning & Analysis
(703) 812-7223
www.meristar.com
Also See The MeriStar Owned Renaissance Hotel Dallas North Reflagged Doubletree Hotel Dallas Near The Galleria / March 2004
The Sheraton Safari in Lake Buena Vista, Fla. Named Top Performing Hotel in Meristar's Portfolio; Gold Award for General Manager of the Year Awarded to John O’Sullivan, GM of the Hilton Crystal City / June 2000


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