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Hilton Hotels Appoints Steven Goldman
as President, Global Development

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BEVERLY HILLS, Calif. - March 11, 2008 - Hilton Hotels Corporation (“Hilton”) today announced the appointment of Steven R. Goldman as President, Global Development and Real Estate. Mr. Goldman is currently President and Chief Executive Officer of Sunstone Hotel Investors (NYSE:SHO - News), a Real Estate Investment Trust that owns upscale hotels operated under various nationally recognized brands. Mr. Goldman will join Hilton as part of its new senior leadership team, which was announced today by Hilton’s President and Chief Executive Officer, Christopher J. Nassetta.

Mr. Nassetta commented: “I am thrilled to welcome Steve to Hilton at what is a very exciting time in the company’s history. Since I joined the company three months ago, I have become even more convinced of the tremendous opportunity we have to drive the company's growth, particularly internationally, to create the global leader in our industry. I am confident that, given Steve’s strong experience and impressive track record in the industry, he will be a great asset to our company.”

Hilton also announced three promotions within the company. Ian Carter, the current CEO of Hilton International, will assume the newly-created role of President, Global Operations, with responsibility for global operations, sales and revenue management. Mark Wang, the current Head of Hilton Grand Vacations, Asia, has been promoted to President, Hilton Grand Vacations, and will oversee all global timeshare operations. Additionally, Tim Harvey will take on an expanded role and in addition to being CIO will now oversee Shared Brand Services.

Mr. Nassetta added: “These appointments reflect the great pool of talent we have within the company, as well as our ability to attract best-in-class talent to the business. I am pleased to have the majority of my senior leadership team now in place and I look forward to working together as we position Hilton as the premier global hospitality company.”

About Steven Goldman

An industry veteran, Steven R. Goldman has been involved in all aspects of real estate acquisition, finance, development, and operations for more than 25 years. He will join Hilton Hotels from Sunstone Hotel Investors, where he has been President, CEO, and a member of the Board of Directors, since March 2007.

Prior to Sunstone, Mr. Goldman was Executive Vice President Acquisitions and Development and Chief Investment Officer of Global Hyatt Corporation, where he led the global development efforts and was responsible for capital investment for all Hyatt-owned real estate worldwide.

Mr. Goldman has also held senior management positions with Starwood Hotels and Resorts Worldwide, the Walt Disney Company, and Starwood Capital Group, a Connecticut-based private real estate investment firm.

Mr. Goldman received his Bachelor of Science from Cornell University and his MBA from the University of Chicago.

About Hilton
Hilton Hotels Corporation is the leading global hospitality company with more than 3,000 hotels and 500,000 rooms in 76 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®.

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Contact:

Hilton Hotels Corporation
Linda Bain, 310-205-4030
SVP – Global Communications
 

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