Article: Homewood Suites by Hilton Opens First Hotel Conversion Hotel in Oakland, California.

Business Editors

MEMPHIS, Tenn.--(BUSINESS WIRE)--Feb. 25, 2002

Homewood Suites(R) by Hilton, the national brand of upscale, all-suite, residential-style hotels, today announced that it has completed and opened its first hotel conversion project, the 140-suite Homewood Suites by Hilton hotel in Oakland, Calif.

The hotel is owned by Oakland Hospitality, Inc and operated under a franchise license agreement with Promus Hotels, Inc., the franchise subsidiary of Beverly Hills-based Hilton Hotels Corporation.

"Recently, we have been approached by a number of existing owners of non-Homewood extended-stay hotels who want to participate in the ...

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