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Hospitality Ventures Opens Newly Rebranded 282-room DoubleTree by Hilton
DFW Airport North in Irving, Texas Completing a $19 Million Renovation


IRVING, TX (March 10, 2011)
—Hospitality Ventures, a privately owned hotel ownership and management firm headquartered in Atlanta, today announced the opening of the DoubleTree by Hilton DFW Airport North in Irving, TX.  Operated by Hospitality Ventures, LLC, the 282-room DoubleTree by Hilton DFW Airport North has been converted from a Wyndham after recently completing a $19 million renovation that upgraded all aspects of the full-service property.

The hotel is located at 4441 W. John Carpenter Freeway less than three miles from DFW International Airport, and centrally located in the Dallas-Fort Worth metroplex near major business complexes, shopping, and popular attractions including Grapevine Mills Mall, Cowboys Stadium, NASCAR, Texas Rangers Ballpark and Six Flags Over Texas.

“The opening of this newly renovated hotel represents the fifth DoubleTree by Hilton we now have in our portfolio, and we look forward to adding more properties from this leading hotel brand in the future,” says Hospitality Ventures President & CEO Robert Cole.  Hospitality Ventures added seven hotels to its portfolio in 2010 (a 33% growth rate) despite one of the toughest operating and growth environments in the history of the hotel industry.  According to Cole, the firm is poised to continue double-digit annual growth in 2011 and beyond.

Each of the hotel’s newly renovated guestrooms feature 32-inch, flat-screen, LCD TVs; Wolfgang Puck gourmet coffee service; MP3-compatible stereo clock radios; refrigerator; microwave oven; Crabtree & Evelyn Citron bath and body products; as well as the Sweet Dreams by DoubleTree by Hilton sleep experience package, with a specially designed mattress, plush pillow and high thread-count linens.  The guestrooms provide high speed wireless Internet access, dual-line telephones with voicemail, laptop-sized safes and modern décor with vibrant color schemes.  Club Level guestrooms and a Hospitality Suite enhance guest accommodation options.

Home to the 7,410-square-foot Grand Ballroom, the DoubleTree by Hilton DFW Airport North offers 14,200 square feet of meeting space in 12 meeting rooms with high speed wireless Internet access and state of the art audiovisual equipment and services.  An outdoor poolside event area also is available for a variety of social and business functions.  A 24-hour, self-service business center with complimentary high speed wireless Internet access enable guests to do business whenever they want.

The hotel’s Flatland Grille serves contemporary Texas cuisine in a casual bistro setting, and a Starbucks Café, Markettissen and lounge offer a variety of additional food and beverage options.  An onsite Fitness Center offering the latest exercise equipment and an outdoor pool allow guests to maintain their workout program or simply relax at the DoubleTree by Hilton DFW Airport North.  Complimentary,
24-hour shuttle service to DFW International Airport and complimentary local transportation within a 5-mile radius make the hotel convenient for business and leisure travelers alike.

“The DoubleTree by Hilton DFW Airport North offers all of the top amenities guests have come to expect from a DoubleTree by Hilton hotel,” says Brian Clark, hotel general manager.  “A visit to our newly rebranded and renovated hotel begins with the warm welcome of our signature DoubleTree by Hilton chocolate chip cookie and continues with our refreshed guestrooms and personal service that is distinctively DoubleTree.”

Members of the Hilton HHonors® guest rewards program can Double Dip® and earn both airline miles and hotel points for every qualifying stay at the DoubleTree by Hilton DFW Airport North.  For more information on the DoubleTree by Hilton DFW Airport North, visit the hotel’s web site (www.dfwairportnorth.doubletree.com ), call 1-800-222-TREE in the U.S. and Canada or contact the hotel directly at 972-929-8181.

About Hospitality Ventures
Hospitality Ventures is a privately owned, fully-integrated Atlanta-based hotel ownership and management group that specializes in managing and repositioning underperforming hotels.  The firm currently owns and/or operates 28 hotels in 16 states (coast to coast) that collectively have more than 4,300 guest rooms and employ more than 1,800 people.  Total portfolio revenue exceeds $130 million.  Nineteen of the hotels operate under Hilton or Marriott franchise agreements.  Visit www.hospitalityventures.com for more information.
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Contact: 

Mary Beth Cutshall
(678) 646-5880; (404) 886-7951 (cell)
   E-Mail:  mbcutshall@hospitalityventures.com

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Also See: Hospitality Ventures Names Mary Beth Cutshall as Vice President, Acquisitions & Business Development / January 2011

Susan M. Sanders named Vice President, Strategic Planning & Human Resources for Hospitality Ventures / April 2010

RockBridge Partners, Hospitality Ventures Joint Venture Completes $35.2 Million Top-to-bottom Renovation of Five All-Suite Hotels / January 2009
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