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Crestline Hotels & Resorts to Manage the DoubleTree by Hilton

Monday, March 17, 2014
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Crestline Hotels & Resorts LLC announced today that they are the new management company for the DoubleTree by Hilton Downtown Wilmington -- Legal District. The
217 guestroom, full-service hotel recently completed an extensive renovation and was purchased by ASAP International Holdings, Inc.

"Once again, we are delighted to select Crestline Hotels & Resorts as our management company for this property. Crestline manages three other hotels in our portfolio including the Hilton Atlanta Northeast, the Atlanta Marriott Norcross, and the Detroit Southfield Marriott. In each case Crestline is exhibiting excellent leadership and working to drive significant RevPAR increases for these assets while improving guest service," said Frank Yuan, CEO of ASAP International Holdings.

"Crestline is honored by its strong working partnership with ASAP International Holdings and to be selected as the management company for the DoubleTree by Hilton Downtown -- Legal District," said James Carroll, President & CEO of Crestline Hotels & Resorts. "This is an excellent property with distinctive amenities and services. We look forward to enhancing the hotel's reputation for impeccable service and excellent guest experiences," added Carroll.

The DoubleTree by Hilton Downtown Wilmington is located at 700 N. King Street, Wilmington, Delaware and in the heart of the city's legal and financial district. It is close to all the attractions of downtown Wilmington while maintaining proximity to many of the city's most popular corporate locations as well as the Federal, State and County Courthouses. In addition to its business setting, guests are also in close proximity to The Grand Opera House, Longwood Gardens, Winterthur Gardens and Nemours Gardens, The Delaware History Museum, The DuPont Theater, World Cafe Live and Christiana Mall.

Each of the hotel's well-appointed guestrooms and suites offer comfortable amenities including DoubleTree's Sweet Dreams(R) Bedding,
37 inch HDTV, refrigerator, in-room safes, a large desk and an ergonomic desk chair, as well as high-speed wireless Internet access.

With over 20,000 square feet of meeting space, the hotel uniquely features two Law Centers, providing 3,200 and 3,400 square feet of efficient, functional, and convenient workspace for out-of-town law firms preparing for trial. The 9,306 square foot Grand Ballroom can accommodate up to 1,000 guests for a function, and the hotel has several other meeting rooms and boardrooms for smaller meetings.

For relaxation guests may plunge into the hotel's heated indoor swimming pool or work out in the fitness center, which includes both cardiovascular machines and weight equipment. Start each day the right way with a hearty DoubleTree Breakfast, and later in the day savor fresh seafood and succulent steaks at the Metro Cafe. In addition, the Metro Lounge serves cocktails and light fare throughout the afternoon and evening.

The DoubleTree Wilmington Downtown Legal District is easily accessed from I-95 and is 20 miles from Philadelphia International Airport. For more information and reservations visit:
www.wilmingtondowntown.doubletree.com or call: 302-655-0400.

About Crestline Hotels & Resorts LLC

Crestline Hotels & Resorts LLC is one of the nation's largest independent hospitality management companies. Founded in 2000, the company presently manages 44 hotels, resorts, and conference centers with more than 7,700 rooms in 12 states and the District of Columbia.
Crestline manages properties under such well-regarded brands as Marriott, Hilton, Westin, and Crowne Plaza as well as independent, private label hotels and conference centers throughout the United States. For more information visit: www.crestlinehotels.com.

About ASAP International Holdings

ASAP is a holding company that operates real estate, investment banking and consulting for Chinese companies. Its mission is to be the bridge between China and the Western world. Its Real Estate division assists institutional and high net-worth individuals with acquisition advisement and asset management of U.S. hotels. Corporate website:

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