Industry Update
Press Release 8 October 2018

Pyramid Opens First Ever Dual-Branded Tru and Homewood Suites By Hilton in the Country

New dual-branded hotel represents significant step in the continued evolution of the Crossgates Complex through mixed-use development

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Hilton Worldwide Family/group

Crossgates and Homewood Suites and Tru by Hilton (NYSE: HLT), today celebrated the new on-site 192-room dual-branded Homewood Suites and Tru Albany-Crossgates with a special ribbon-cutting ceremony. Located onsite at Crossgates, this hotel is the first dual-branded Homewood Suites and Tru by Hilton in the country and features two separate areas designed for each brand, unique public spaces designed to promote social connectivity, a swimming pool, fitness center and an outdoor sport court.

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"We are incredibly excited to partner with Hilton on the opening of the very first dual-branded Tru and Homewood Suites property in the country, our second Hilton hotel across our portfolio of shopping, dining, and entertainment complexes throughout the northeast," said Stephen J. Congel, Chief Executive Officer, Pyramid Management Group, LLC. "The addition of this dynamic hotel at Crossgates further solidifies its reputation as a premier shopping, dining and entertainment destination and gives guests another reason to extend their stay in Guilderland and Albany County."

The multi-brand concept provides larger and enhanced communal areas and amenities than what would be standard at a standalone property, benefiting both business and leisure travelers. The hotel has a mix of unique offerings - each catering to the needs of their respective guests - including designated lobby and dining areas. The property also has a variety of shared amenities including 24-hour fitness center, indoor pool, outdoor grills, sport courts and airport shuttle. The hotel offers a meeting room, and in partnership with Crossgates, additional meeting space can be found at several venues within the center.

"We are extremely pleased to see the completion of this innovative hotel concept in Guilderland," said Supervisor Peter G. Barber. "This dual-brand hotel will enable residents and businesses to offer in-Town accommodations for families and guests, and will further the Town's efforts to promote economic development and increase sales for local businesses."

Developed and owned by Pyramid Management Group, who was recognized by Hilton as the 2017 Developer of the Year, this property will allow guests extra perks at Crossgates, included added savings and conveniences. This includes a Crossgates "Stay & Save" savings pass received at check-in, full of extra savings at various shops, restaurants and entertainment destinations within Crossgates. A "Shop & Drop" delivery service, bringing shopping bags right from the guests hands over to the hotel so that visitors can continue on with ease, will make their trip that much simpler.

"We're delighted to open Homewood Suites by Hilton and Tru by Hilton Albany Crossgates and offer business and leisure travelers visiting Albany with an innovative and value-driven lodging experience," said Adam Gollub, General Manager, Aimbridge Hospitality. "Blending these two category-leading brands and their signature, yet unique, identities under one roof furthers propels our commitment to providing quality lodging options to meet a wide variety of styles, travel needs and desired price points."

Related Brands

Homewood Suites

Homewood Suites by Hilton, Hilton’s upscale, all-suite, extended-stay hotel brand with more than 490 locations in the United States, Mexico, and Canada, is an award-winning leader. The first choice for guests seeking comfortable accommodations when traveling for extended or quick overnight stays, Homewood Suites offers inviting, generous suites featuring separate living and sleeping areas, and fully-equipped kitchens with full-size refrigerators.
brand information

Tru by Hilton

Tru by Hilton is a game-changing midscale hotel brand providing a simplified and spirited approach that is grounded in value for business and leisure travelers. The brand is modern and functional, offering social connectivity with reimagined public spaces, including an open lobby comprised of four areas where guests can work, play, lounge, and eat.
brand information
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About Hilton

Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 17 world-class brands comprising nearly 5,900 properties with more than 939,000 rooms, in 114 countries and territories. Dedicated to fulfilling its mission to be the world's most hospitable company, Hilton earned a spot on the 2018 world's best workplaces list, and has welcomed more than 3 billion guests in its 100-year history. Through the award-winning guest loyalty program Hilton Honors, more than 94 million members who book directly with Hilton can earn Points for hotel stays and experiences money can't buy, plus enjoy instant benefits, including digital check-in with room selection, Digital Key, and Connected Room. Visit newsroom.hilton.com for more information, and connect with Hilton on Facebook, Twitter, LinkedIn, Instagram, and YouTube.

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