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 Hilton St. Petersburg Bayfront, Owned by Ashford
Hospitality Trust and Managed by Remington
Hotels, Begins $4 Million Renovation

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ST. PETERSBURG, Fla. - March 29, 2005 -- Remington Hotels Corporation has announced the start of an extensive $4 million renovation of the Hilton St. Petersburg Bayfront. The four-month project includes all 333 guest rooms, suites, and the top-floor executive lounge. All public spaces were renovated in late 2003.

The new rooms were designed by Hilton Hotels Corporation's in-house team of designers, and developed by Remington Hotels. The Hilton St. Petersburg Bayfront is owned by Ashford Hospitality Trust and managed by Remington Hotels and operated under a franchise license agreement with Beverly Hills-based Hilton Hotels Corporation.

"The newly-renovated rooms will add the final touch on the transformation of this property," said Jack Odom, general manager. "Business travelers to St. Petersburg will enjoy the utmost comfort and convenience in these new rooms, all with the level of service they've come to expect when they stay at a Hilton."

The redecorated guestrooms and suites feature the Suite Dreams(R) Bed by Hilton, a highly-functional workspace, specially designed chairs, two phone lines, data ports, and wireless high speed internet. The three top floors of the hotel have been designated as concierge floors, and the penthouse floor offers additional amenities to frequent travelers who are members of the Hilton HHonors(R) rewards program.

With the renovation, the Hilton now gives meeting planners new reasons to choose the hotel for their next business meeting or training session. The hotel offers 35,000 square feet of ground-floor flexible meeting and conference space. Also new to the hotel will soon be one of Florida's largest STARBUCKS, which -- like the hotel's plush Spa Olimpia -- is expected to be a hit not only with visitors to the hotel but with St. Petersburg locals as well.

Located at 333 First Street South, the Hilton St. Petersburg Bayfront offers easy access to Bay Walk Center, the Museum of Fine Arts, and the Dali Museum, and is across the street from Progress Energy Field and the Mahaffey Theatre.

For information or reservations, visit the hotel's website at www.stpetehilton.com, contact your local travel professional, or call the hotel directly at 1-727-894-5000. Groups of 10 or more may contact Jeff Hahn, Director of Sales.
 

Contact:

Hilton Hotels Corporation
www.hilton.com

Also See: Ashford Hospitality Trust Completes Acquisition of 21-Hotel Portfolio for $250 Million / March 2005
Ashford Hospitality Trust Acquires the 157-room Hilton Santa Fe in Santa Fe, NM, for $18.2 million / March 2005

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