$33 Million Hilton Hartford Reopens

315 Trumbull Street Associates,
LLC, announced today the official reopening of the Hilton Hartford
following a $33 million transformation into a modern, upscale hotel, the
likes of which have not been available in Hartford in years. The hotel’s
reopening is seen as another vital step in the ongoing $2 billion
revitalization of Hartford. 315 Trumbull Street Associates, LLC, welcomed a distinguished crowd of
dignitaries, including Hartford Mayor Eddie Perez, for the official ribbon
cutting ceremony.

“Today is a great day for the city of Hartford,” said Mayor Perez. “The
reopening of the new Hilton Hartford is a major milestone in Hartford’s
revitalization as ‘New England’s Rising Star.’ It means 215 jobs—122 of
which are returning employees. Their staff will provide top level services
to the visitors to our wonderful city, who are now able to choose a full
service luxury hotel for their accommodations.”

Len Wolman, chairman and CEO of the Waterford Group, added, “The Hilton
Hartford transformation provides a superior lodging option for travelers,
while returning the hustle and bustle of a downtown gathering place to
that section of the city. The transformation also supports Hartford’s
revitalization plan to redefine the city as a convention, group, business
travel, and leisure travel destination as well as a social gathering
place.”

What formerly was a hotel described by some as outdated and stagnant, is
now a state-of-the-art, luxury hotel with all the benefits and convenience
of a downtown location that will attract both business, convention and
leisure travelers. The hotel now features 392 guestrooms and suites,
high-speed Internet access, movies and video-games on demand, as well as a
coffee maker, iron and ironing board, hairdryer, and two-line phones with
private voicemail.

The Hilton Hartford also features a remodeled living room-style lobby
featuring a full fireplace; wireless Internet access in all public spaces;
Element 315 lounge; a lobby coffee bar featuring Starbucks coffee; indoor
swimming pool; a state-of-the-art fitness center; and Morty & Ming’s, a
unique full-service combination restaurant featuring a New York-style
delicatessen and an old school Chinese restaurant.

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For meeting planners, the property boasts approximately 15,000 square feet
of innovative, high-speed Internet-equipped meeting and banquet space with
simple meeting and catering planning services, as well as a concierge
level offering hors d’oeuvres and continental breakfast Monday through
Thursday.

For those visiting the city for events or engagements at the Hartford
Civic Center, the Hilton Hartford is the only city hotel to offer a
skywalk to the Civic Center, providing easy access to sporting events,
concerts and other special events. Additionally, the hotel is located
within walking distance of downtown Hartford restaurants, shopping, the
Bushnell Theatre, the Mark Twain House, and other entertainment and
historical sites.

The Hilton Hartford is also easily accessible by all major forms of
transportation, as the hotel is ideally situated near I-91 and I-84, and
is only 20 minutes from Bradley International Airport. Amtrak, Greyhound,
Bonanza and PeterPan/Trailways all serve downtown Hartford, and eight
major car rental companies have local offices.

“Hartford is being redefined as the perfect destination for travelers
looking for an alternative to surrounding big cities such as New York and
Boston,” says Hartford Mayor Eddie Perez. “Not only does the city feature
world-class theater, historical sites and entertainment, it now also
offers world class accommodations in the Hilton Hartford.”

The transformation of the Hilton Hartford was executed by several
organizations, including contractor Wolman Construction, management
company Waterford Hotel Group, interior designer The Gettys Group,
architect William Tabler & Associates, mechanical engineer Southport
Engineering Associates, and food and beverage consultant cb5 Restaurant
Group.

“This team worked day in and day out over the past year to transform this
neglected property into the full service luxury hotel that Hartford had
been missing, setting the stage for other full service hotels to follow,”
said Wolman, whose Waterford Group is also developing the 409-room
Marriott Hartford Downtown. “Their collective commitment to the project,
and to Hartford’s revitalization, is reflected in the superior quality of
this hotel and all it has to offer travelers to Hartford.”
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