Hilton Hotels Corporation Issues Correction of System-Wide RevPAR Statistics Reported in Second Quarter Earnings Release

Business Wire, August 3, 2006

BEVERLY HILLS, Calif. -- Hilton Hotels Corporation (NYSE:HLT) issued the following correction of the system-wide RevPAR statistics reported yesterday in its second quarter earnings release: On a system-wide basis (including owned, leased, managed and franchised properties) and pro forma as if the acquisition of Hilton International had occurred January 1, 2005, the company's brands showed second quarter RevPAR gains (on a U.S. dollar basis) as follows: Doubletree, 11.5 percent; Hampton Inn, 9.2 percent; Hilton Garden Inn, 10.0 percent; Embassy Suites, 9.4 percent; Hilton, 8.4 percent; Homewood Suites by Hilton, 8.6 percent; and Conrad, 7.1 percent.

Below are revised comparable system-wide statistics pages (by region and by brand) reflecting the corrected statistics.

The company noted that the corrected statistics have no impact on reported financial results, reported comparable owned and leased statistics, or on its 2006 outlook.

HILTON HOTELS CORPORATION
                 Comparable Systemwide Statistics (1)
                           Regional Summary


                   Three Months Ended          Six Months Ended
                        June 30,                   June 30,
                     2005     2006   Change     2005     2006  Change
                  -------- --------  ------   ------- -------- ------
North America
(US & Canada)
-------------
 Occupancy           75.8 %   76.6 % 0.8 pts   71.7 %   73.4 % 1.7 pts
 Average Rate     $111.41  $120.78   8.4 %  $110.26  $119.26   8.2 %
 RevPAR            $84.50   $92.53   9.5 %   $79.09   $87.49  10.6 %

United Kingdom & Ireland
------------------------
 Occupancy           75.5 %   78.1 % 2.6 pts   71.3 %   75.1 % 3.8 pts
 Average Rate     $169.16  $172.85   2.2 %  $168.60  $167.06  (0.9) %
 RevPAR           $127.78  $135.08   5.7 %  $120.15  $125.45   4.4  %

Continental Europe
------------------
 Occupancy           71.8 %   73.6 % 1.8 pts   65.0 %   66.9 % 1.9 pts
 Average Rate     $164.33  $173.02   5.3 %  $159.40  $162.36   1.9 %
 RevPAR           $118.04  $127.35   7.9 %  $103.66  $108.60   4.8 %

Africa
------
 Occupancy           64.1 %   71.7 % 7.6 pts   64.9 %   69.5 % 4.6 pts
 Average Rate     $128.46  $135.62   5.6 %  $127.74  $134.59   5.4 %
 RevPAR            $82.40   $97.23  18.0 %   $82.94   $93.55  12.8 %

Middle East
-----------
 Occupancy           76.6 %   71.4 %(5.2)pts   76.3 %   72.7 %(3.6)pts
 Average Rate      $80.39   $89.21  11.0 %   $91.10   $97.13   6.6 %
 RevPAR            $61.61   $63.71   3.4 %   $69.50   $70.59   1.6 %

Asia Pacific
------------
 Occupancy           75.4 %   75.9 % 0.5 pts   74.9 %   76.0 % 1.1 pts
 Average Rate     $126.30  $131.80   4.4 %  $126.69  $132.45   4.5 %
 RevPAR            $95.19  $100.06   5.1 %   $94.89  $100.62   6.0 %

Latin America & Caribbean
-------------------------
 Occupancy           69.4 %   72.2 % 2.8 pts   69.0 %   72.6 % 3.6 pts
 Average Rate     $112.91  $124.35  10.1 %  $118.49  $129.74   9.5 %
 RevPAR            $78.40   $89.74  14.5 %   $81.78   $94.15  15.1 %

Nordic
------
 Occupancy           66.1 %   64.8 %(1.3)pts   60.7 %   62.1 % 1.4 pts
 Average Rate     $114.56  $116.16   1.4 %  $115.88  $113.29  (2.2)%
 RevPAR            $75.78   $75.23  (0.7)%   $70.32   $70.40   0.1 %

Total
-----
 Occupancy           75.0 %   75.6 % 0.6 pts   71.0 %   72.5 % 1.5 pts
 Average Rate     $115.36  $124.24   7.7 %  $114.55  $122.43   6.9 %
 RevPAR            $86.47   $93.95   8.7 %   $81.28   $88.82   9.3 %


(1) Statistics are presented pro forma as if the acquisition of
    Hilton International had occurred January 1, 2005. Includes hotels
    in the system as of June 30, 2006 which were in the system of HHC
    or HI since January 1, 2005. Excludes the Company's owned hotels
    in New Orleans. Excludes data for HI franchise hotels.


                       HILTON HOTELS CORPORATION
                 Comparable Systemwide Statistics (1)
                             Brand Summary

                   Three Months Ended          Six Months Ended
                        June 30,                   June 30,
                     2005     2006   Change     2005     2006  Change
                  -------- --------  ------   ------- -------- ------
Hilton
------
 Occupancy           74.8 %   75.4 % 0.6 pts   71.2 %   72.7 % 1.5 pts
 Average Rate     $139.33  $149.76   7.5 %  $138.28  $146.93   6.3 %
 RevPAR           $104.19  $112.95   8.4 %   $98.40  $106.81   8.5 %

Hilton Garden Inn
-----------------
 Occupancy           73.6 %   75.1 % 1.5 pts   69.6 %   72.1 % 2.5 pts
 Average Rate     $104.34  $112.36   7.7 %  $103.41  $111.00   7.3 %
 RevPAR            $76.77   $84.42  10.0 %   $72.02   $80.08  11.2 %

Doubletree
----------
 Occupancy           74.4 %   75.9 % 1.5 pts   70.7 %   72.7 % 2.0 pts
 Average Rate     $111.92  $122.20   9.2 %  $110.69  $120.33   8.7 %
 RevPAR            $83.24   $92.78  11.5 %   $78.29   $87.46  11.7 %

Embassy Suites
--------------
 Occupancy           77.3 %   77.7 % 0.4 pts   73.9 %   75.5 % 1.6 pts
 Average Rate     $129.50  $140.87   8.8 %  $128.65  $139.15   8.2 %
 RevPAR           $100.08  $109.49   9.4 %   $95.13  $105.02  10.4 %

Homewood Suites by Hilton
-------------------------
 Occupancy           78.5 %   79.5 % 1.0 pts   75.4 %   76.9 % 1.5 pts
 Average Rate     $101.83  $109.08   7.1 %  $101.15  $108.17   6.9 %
 RevPAR            $79.89   $86.77   8.6 %   $76.28   $83.19   9.1 %

Hampton
-------
 Occupancy           76.0 %   76.7 % 0.7 pts   71.3 %   72.8 % 1.5 pts
 Average Rate      $87.42   $94.61   8.2 %   $86.46   $93.48   8.1 %
 RevPAR            $66.40   $72.54   9.2 %   $61.68   $68.02  10.3 %

Scandic
-------
 Occupancy           65.9 %   64.5 %(1.4)pts   60.4 %   61.8 % 1.4 pts
 Average Rate     $109.95  $111.55   1.5 %  $111.79  $109.30  (2.2)%
 RevPAR            $72.48   $71.97  (0.7)%   $67.57   $67.57     - %

Conrad
------
 Occupancy           72.5 %   69.4 %(3.1)pts   69.6 %   68.6 %(1.0)pts
 Average Rate     $145.36  $162.52  11.8 %  $145.29  $160.27  10.3 %
 RevPAR           $105.38  $112.81   7.1 %  $101.17  $109.93   8.7 %

Other
-----
 Occupancy           80.0 %   82.0 % 2.0 pts   71.8 %   77.5 % 5.7 pts
 Average Rate     $139.71  $149.01   6.7 %  $128.83  $136.05   5.6 %
 RevPAR           $111.81  $122.22   9.3 %   $92.45  $105.41  14.0 %

Total
-----
 Occupancy           75.0 %   75.6 % 0.6 pts   71.0 %   72.5 % 1.5 pts
 Average Rate     $115.36  $124.24   7.7 %  $114.55  $122.43   6.9 %
 RevPAR            $86.47   $93.95   8.7 %   $81.28   $88.82   9.3 %

(1) Statistics are presented pro forma as if the acquisition of
    Hilton International had occurred January 1, 2005. Includes hotels
    in the system as of June 30, 2006 which were in the system of HHC
    or HI since January 1, 2005. Excludes the Company's owned hotels
    in New Orleans. Excludes data for HI franchise hotels.