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The Crown Princess Hotel in Kuala Lumpur Undergoing a Multi-million dollar
Redesign and Renovation to Become Re-branded as the Doubletree
by Hilton� Kuala Lumpur City Centre
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KUALA LUMPUR, Malaysia  (17 March 2009) � Hilton Hotels Corporation has announced that it has entered into a management agreement with The Intermark Sdn Bhd, signifying the debut of the award-winning, upscale hotel brand, Doubletree by Hilton, in Malaysia.  The Crown Princess Hotel in the Malaysian capital of Kuala Lumpur will undergo a multi-million dollar redesign and renovation during the next several months to become re-branded as the Doubletree by Hilton� Kuala Lumpur City Centre. Scheduled to open to the public in Q2 2010, the 540-guest room hotel will offer business, leisure and MICE travellers the chance to experience the Doubletree approach to professional, relaxed and refreshing hospitality in Kuala Lumpur�s city centre.
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Martin Rinck, president Asia Pacific � Hilton Hotels Corporation, commented, �We are delighted to announce the first development of a Doubletree by Hilton hotel in Malaysia. The contemporary style, quality and versatility of the Doubletree by Hilton brand are proving to be popular features among developers in Malaysia. This latest addition will enhance our portfolio of four Hilton hotels in Malaysia while symbolising our commitment to further expanding our presence across the Hilton Family of Hotels in Asia�. 

The hotel will form part of a world class mixed use property called The Intermark, which was acquired by MGPA�s Asia Fund II. In addition to Doubletree by Hilton Kuala Lumpur City Centre, The Intermark comprises a retail podium called Intermark Mall, a full refurbished grade A 62-storey office tower called Vista Tower, and a new sustainable design office building to be called Integra Tower. The entire development is scheduled to be completed by the end of 2012. 

Mr. Moonduck Kim, managing director, MGPA Asia Developments, commented, �MGPA is an active real estate investor in Asia. We are confident that the Doubletree by Hilton Kuala Lumpur City Centre will become the preferred choice for discerning travellers and will contribute to our positioning of The Intermark as a world class integrated development in the heart of Kuala Lumpur�.

Crown Princess Kuala Lumpur closed its doors on 4 January 2009 after 18 years in operation. Federal Hotels International Operated the Crown Princess Kuala Lumpur since 1991 as a 5-star business class hotel.
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Doubletree by Hilton Kuala Lumpur City Centre will be situated at the corner where Jalan Tun Razak meets Jalan Ampang, near the landmark Petronas Twin Towers, embassies and the Kuala Lumpur Convention Centre. With convenient access to other parts of the city, the hotel will be within easy reach of the Central Business District, popular tourist spots and shopping malls. Ampang Park Light Rapid Transit (LRT) station is a two-minute walk from the hotel, providing guests with convenient connection to Kuala Lumpur Sentral, the city�s main train station to the Kuala Lumpur International Airport.
 
Doubletree by Hilton Kuala Lumpur City Centre will offer meeting facilities of close to 20,000 square feet, including a grand ballroom designed to host events for over 600 people.  The hotel will provide four restaurants and bars, including an all day dining restaurant, an alfresco-style specialty restaurant, lobby lounge and a new concept deli & wine bar. A full service spa and health club with swimming pool will provide guests with a wide range of recreational facilities, to relax and unwind after a day�s work or sightseeing.
 
About Doubletree by Hilton Hotels
With a growing collection of contemporary, upscale accommodations in more than 200 gateway cities, metropolitan areas and vacation destinations worldwide, Doubletree by Hilton hotels and resorts are distinctively designed properties that provide true comfort to today�s business and leisure travellers.  From the millions of delighted hotel guests who are welcomed with the brand�s legendary, warm chocolate chip cookies at check-in to the advantages of the award-winning Hilton HHonors® guest reward programme, each Doubletree by Hilton guest receives a satisfying stay wherever their travels take them. 
 
Doubletree is part of Hilton Hotels Corporation the leading global hospitality company, with more than 3,000 hotels and 500,000 rooms in 77 countries and territories, including 135,000 team members worldwide.  The More than 2,300 hotels are owned, managed or franchised in North America withcompany owns, manages or franchises a hotel portfolio of some of the best known and highly regarded brands, including Hilton®, Conrad® Hotels & Resorts,  Denizen� Doubletree®, Embassy Suites Hotels®, Hampton Inn®, Hampton Inn & Suites®, Hilton Garden Inn®, Hilton Grand Vacations�, Homewood Suites by Hilton®, Home2 Suites by Hilton® and The Waldorf Astoria Collection�.
 
To make reservations at any Doubletree by Hilton hotel, travellers may visit our website at www.doubletree.com.
 
About MGPA
MGPA is an independently managed private equity real estate investment advisory company focused on real estate investment in Europe and Asia. Through its headquarters in Bermuda and network of offices throughout Europe and Asia, MGPA currently manages US$11 billion in assets throughout these two regions. Its managed investments include development and redevelopment projects, joint-ventures and real estate operating companies in the office, retail, industrial, residential and hotel sectors. For more information about MGPA please visit www.mgpa.com.
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Contact:

Faith Thoms
Regional Director of Public Relations
Asia Pacific, Hilton Hotels Corporation (SINGAPORE)
+65 9171 0223, +65 6833 9762 / [email protected]

Kerensa Ang
General Manager, Project Marketing
MGPA (MALAYSIA)
+60 3 2175 0384 M: +60 12 214 1866 / [email protected]

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Also See: Hilton Takes it to the Hilt with Brand-busting Kuala Lumpur Hotel / Steve Shellum / June 2005
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