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Hampton Inn’s 2008 Deal of the Year Award Signals the Return of
Real Estate Development to the Brickell Area

Miami, Florida--April 16, 2009—Today Hilton Hotels Corporation executive Steve Crabill was in Miami to formally present Bernard Wolfson with the 2008 Hampton Inn Deal of the Year award, recognizing the 221-room Hampton Inn & Suites planned for the Brickell area. The award presentation, held at the Coconut Grove Hampton Inn, was a follow-up to Hilton’s announcement last month of the top developers and hotels among owners of its focused-service brands.

“The award recognizes the tremendous commitment of time and effort Mr. Wolfson and his team have devoted to developing and building the brand,” said Steve Crabill, Vice President and Managing Director, Franchise Development, for Hilton. “This new 221-room, 15-story Hampton Inn & Suites in a high-barrier-to-entry market in Miami’s Brickell financial district, one block from Brickell Avenue. It is a tribute to his perseverance and success.”

Construction on the hotel, to be located at 50 SW 12th Street, Miami, is expected to begin late this year, with completion projected for fall 2011. “This accolade represents our appreciation of Bernie’s exemplary commitment to excellence in the development arena and loyalty to our Hilton Family,” Crabill continued. “This project was selected from a field of 238 Hampton Inns and Hampton Inn & Suites franchises awarded in 2008.” The new hotel, which will incorporate extensive conservation and sustainability elements, is registered with the U.S. Green Building Council for LEED certification.

Bernard Wolfson is president of Hospitality Operations, Inc., incorporated in Florida in 1959. He heads a group of local investors who own and operate four other Hampton Inns in Broward and Miami-Dade counties. The properties are in Coconut Grove (opened 1995), Pembroke Pines (opened 1998), Miami Airport (opened 2000) and downtown Ft. Lauderdale (opened 2002). Mr. Wolfson lives in Coconut Grove.

For more project details, please see FACT SHEET below

Bernard Wolfson Award presentation--April 16, 2009 at Hampton Inn in Coconut Grove.

Hilton Company Backgrounder

Hilton Hotels Corporation is the leading global hospitality company, with more than 3,200 hotels and 545,000 rooms in 77 countries and territories, with more than 135,000 team members worldwide. The company owns, managers or franchises some of the best known and highly regarded hotel 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®, Home2 Suites by Hilton™, and the Waldorf-Astoria Collection™.

The Hilton Family of Hotels adheres to founder Conrad Hilton’s philosophy that, “It has been, and continues to be, our responsibility to fill the earth with the light and warmth of hospitality.” The company put a name to its unique brand of service that has made it the best known and most highly regarded hotel company: be hospitable®. The philosophy is shared by all brands in the Hilton Family of Hotels, and is the inspiration for its overarching message of kindness and generosity. # # #

April 16, 2009 - FACT SHEET

Bernard Wolfson and Brickell Hotel Group, LLP, honored with Hampton Inn “Deal of the Year” award from Hilton Hotels Corporation

Award Criteria: Hilton Hotels Corporation recognized Bernard Wolfson with the 2008 Hampton Inn “Deal of the Year” award for his perseverance and success in moving forward with a 221-room Hampton Inn & Suites in a high-barrier-to-entry market of the Brickell Financial District of downtown Miami. This project was selected for recognition from among the 238 Hampton Inn franchises issued in 2008.

Hotel Specifications: 15-story, 221-guest room Hampton Inn & Suites: lobby, breakfast area, pool, exercise room, and business center are on 6th floor above 210 parking spaces. The property is registered with the US Green Building Council for LEED certification. The structure will have 3,500 sq. ft. of meeting space at lobby level and 10,000 sq. ft. for third-party retail space at ground level.

Property Address: 50 S.W. 12 Street, in Miami’s Brickell Financial District, half a block from the Metrorail and Metromover system

Owner/Developer: Bernard Wolfson is President of Hospitality Operations, Inc., which was incorporated in Florida in 1959. The firm owns four other Hampton Inns in Broward and Miami-Dade counties. The properties are in Coconut Grove (opened 1995), Pembroke Pines (opened 1998), Miami Airport (opened 2000) and downtown Ft. Lauderdale (opened 2002).

Architect: Israel Bigelman, Miami Beach

Estimated development cost: $45 million

Timetable: Begin construction in 2009, with opening projected for late 2011.

Site history: Land was purchased by Wolfson for $6.06 million in December 2007. In 2001 the prior owner had planned a 29-story, 277-unit condominium for the site. The City of Miami Commission approved the land use plan for the Hampton Inn & Suites project in October 2008. The environmentally-sustainable hotel building is half the size of the project approved for the same site in 2001.

Business Strategy: The project fills a need for mid-priced hotel accommodations in the Brickell area financial district and, via the Metrorail system, all of downtown Miami.

Hotel Management: Tennessee-based Hospitality America, Inc. will manage the new property, as it does the four other Hampton Inns owned by Hospitality Operations, Inc.

Job stimulus impact: Once open, the hotel will employ a staff of 100.

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Media Contact:
Susan Cumins - 305 447-1400 - scumins@bellsouth.net

Hospitality Operations, Inc.
50 SW 12th Street, 6th Floor - Miami, Florida 33130
Phone: (305) 373-0611 | Fax: (305) 373-0623
hotelgroups@aol.com - www.hospitalityoperations.com