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 Hilton Hotels Corporation Becomes 'Founding Sponsor' of the National Association of Black Hotel Owners, Operators
and Developers (NABHOOD)

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BEVERLY HILLS, Calif., July 26, 2004 � At the 8th Annual International Multicultural Tourism and Hotel Ownership Summit, held last week in South Beach, Florida, Hilton Hotels Corporation presented Andy Ingraham, President of the National Association of Black Hotel Owners, Operators and Developers (NABHOOD), with a sponsorship check in the amount of $25,000. This support from Hilton Hotels Corporation distinguishes the company as an initial "Founding Sponsor" of the organization. 
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Pictured left to right: Floyd Pitts, senior director � diversity programs, 
Hilton Hotels Corporation; Bill Fortier, senior vice president � franchise
development, Hilton Hotels Corporation; Michael Roberts,
chairman/NABHOOD and Andy Ingraham, president/NABHOOD.
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As a "Founding Sponsor," Hilton is eligible to have a company representative sit on NABHOOD�s Board of Directors, the company will be identified as a "Founding Sponsor" on all of the organization�s printed materials, and have its company name and logo appear on the organization�s website with links the Hilton website. 

Additionally, as a "Founding Sponsor," Hilton has the opportunity to play a key role in assisting NABHOOD�s efforts to educate and recruit new African American hotel investors and owners.

Andy Ingraham, President of NABHOOD, says, "Ownership is the single most defining factor in changing the paradigm in the hospitality industry for African Americans. We are happy that Hilton Hotels Corporation understands this and has chosen to become one of our first Founding Sponsors. As the National Association of Black Hotel Owners, Operators & Developers (NABHOOD) grows, we hope other companies will also step forward as Hilton has done."

"For several years now, Hilton has been actively engaged in successful outreach efforts to educate African American, Hispanic and female entrepreneurs on hotel ownership opportunities offered by the Hilton Family of Hotels," said Floyd Pitts, senior director of diversity programs for Hilton Hotels Corporation. "We are pleased to have supported NABHOOD over the past years, and throughout our outreach efforts we�ve benefited from the support and guidance provided to us by the leadership of NABHOOD. We believe it appropriate to take our support of this organization to this next level which compliments the support we�ve also given to the Asian American Hotel Owners Association (AAHOA)."

About National Association of Black Hotel Owners, Operators, and Developers, Inc.

The National Association of Black Hotel Owners, Operators and Developers (NABHOOD) was formed over eight years ago. Its mission is to increase the number of African Americans developing, managing and owning lodging properties, and increase participation of African American-owned suppliers serving the industry, and employment opportunities at executive levels within the lodging industry. The organization is governed by a 22 member Board of Directors. Membership consists of: general members � individuals with ownership interest in hotels; allied members � suppliers and franchisors; associate members � hotel general managers, executives and other hotel employees; and affiliate members � non-profit organizations dedicated to increasing and improving participation of African Americans, and other people of color, in the hospitality industry. For the past 8 years, NABHOOD has joined with Horizons Marketing, and Black Meetings and Tourism magazine to present the Annual Multicultural Tourism & Hotel Ownership Summit and Trade Show.

About Hilton Hotels Corporation

Hilton Hotels Corporation is recognized internationally as a preeminent hospitality company. The company develops, owns, manages or franchises approximately 2,100 hotels, resorts and vacation ownership properties. Its portfolio includes many of the world�s best known and most highly regarded hotel brands, including Hilton®, Conrad®, Doubletree®, Embassy Suites Hotels®, Hampton Inn®, Hampton Inn & Suites®, Hilton Garden Inn®, Hilton Grand Vacations Club® and Homewood Suites by Hilton®.


 
 
Contact:

Kathy Shepard
Hilton Hotels Corporation
310-205-7676 

Andy Ingraham
NABHOOD 
954-792-2579

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Also See: Boston�s First African American Owned Hotel - the New 175 room Hampton Inn & Suites Boston Crosstown Center Set to Open / April 2004
Integrated Capital LLC Acquires Doubletree Hotels in Modesto and Bakersfield for a Combined Cost of Approximately $40 million / July 2004


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