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Hilton Worldwide Signs Management Agreement with Orix Real Estate Corporation
for the 346-room Hilton Okinawa Chatan to Open in 2014

Marks Re-Entry of Hilton Hotels & Resorts Brand in Okinawa, Japan

OKINAWA, Japan and MCLEAN, Va. - October 15, 2012 - Hilton Worldwide today announced the signing of a management agreement with Chatan Hotel and Resort Corporation, a subsidiary of Orix Real Estate Corporation, to manage Hilton Okinawa Chatan in central Chatan, Okinawa, Japan. Scheduled to open in 2014, the 346-room Hilton Okinawa Chatan is located in Mihama, facing the Mihama American Village which is one of the largest shopping complexes in Okinawa.

"This agreement is a significant milestone for us as it represents the Hilton brand's entry into Okinawa and our 11th Hilton Worldwide property in Japan. Okinawa hosts nearly 5.5 million visitors a year and tourism contributes to close to USD 5 billion annually. Backed by a strong partner like Orix Real Estate Corporation, we are confident that Hilton Okinawa Chatan will compete well with the existing international and local hotel supply," said Andrew Clough, senior vice president, development, Middle East & Asia Pacific, Hilton Worldwide.

"Hilton Hotels & Resorts is a global leader of hospitality and Hilton Okinawa Chatan represents another important new chapter for our rapidly-growing collection in Asia Pacific and adds to the existing eight Hilton-branded properties as we celebrate our 50th anniversary in Japan next year. This hotel will deliver the world-class hospitality synonymous with our brand and Hilton Worldwide," said Dave Horton, global head, Hilton Hotels & Resorts.

The nine-story Hilton Okinawa Chatan is approximately 20 kilometers away from Naha International Airport, and known as an urban resort and other large shopping complexes. Close to Chatan Park and Sunabe/Sunset Beach, hotel guests can enjoy impressive views of the sunset as well as various activities including shopping, scuba diving and surfing. Chatan also offers ideal access to a variety of sightseeing spots including Churaumi Aquarium, Okinawa National Ocean Park, Kokusai Street and Shuri Castle.

The hotel will offer one all-day dining restaurant, a specialty restaurant and a lobby lounge. It will also have a full service spa and fitness gym, indoor and outdoor pools, a 530-square meter function room and a 120-square meter meeting room, a business center, retail shops and car park facilities.

Throughout the year, Okinawa enjoys a stable inflow of domestic leisure and corporate travelers. While the information technology industry is a core driver of economic growth, tourism is Okinawa's largest industry. It has also seen increasing incentive trips from mainland Japan and surrounding countries thanks to strong support from the Okinawa government for the promotion of the prefecture as a meetings, incentives, conferences and events (MICE) destination, as evidenced by the recent establishment of the Okinawa Convention & Visitors Bureau.

Read more about recent and upcoming Hilton Hotels & Resorts openings at http://news.hilton.com/openings. To view an interactive map featuring the Hilton Hotels & Resorts development pipeline visit http://news.hilton.com/map.

About Hilton Hotels & Resorts

One of the most recognized names in the industry, Hilton Hotels & Resorts stands as the stylish, forward thinking global leader in hospitality. From inaugural balls and Hollywood award galas to business events and days to remember, Hilton is where the world makes history, closes the deal, toasts special occasions and gets away from it all. The flagship brand of Hilton Worldwide continues to build upon its legacy of innovation by developing products and services to meet the needs of tomorrow's savvy global travelers while more than 144,000 Team Members shape experiences in which every guest feels cared for, valued and respected. Today, the Hilton Hotels & Resorts portfolio includes more than 550 hotels in 80 countries and the brand remains synonymous with "hotel." Access the latest Hilton news at news.hilton.com or begin your journey at www.hilton.com. Social media users can engage with Hilton at www.twitter.com/hiltonhotels, www.facebook.com/hilton and www.youtube.com/hilton. Hilton Hotels & Resorts is one of Hilton Worldwide’s ten market-leading brands.

About Hilton Worldwide

Hilton Worldwide is a leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For 93 years, Hilton Worldwide has offered business and leisure travelers the finest in accommodations, service, amenities and value. The company is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Its brands are comprised of more than 3,900 hotels and timeshare properties, with 640,000 rooms in 91 countries and include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages the world-class guest reward program Hilton HHonors®. Visitwww.hiltonworldwide.com for more information and connect with Hilton Worldwide atwww.facebook.com/hiltonworldwide,www.twitter.com/hiltonworldwide,www.youtube.com/hiltonworldwide,www.flickr.com/hiltonworldwide andwww.linkedin.com/company/hilton-worldwide.
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Contact:

Audrey Wong
Hilton Worldwide, Asia Pacific
+65 6833 9763
audrey.wong@hilton.com

John Forrest Ales
Hilton Hotels & Resorts
+1 703 883 5212
johnforrest.ales@hilton.com



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