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Press Release

Unlimited Budget Program For Travel Professionals Expands To Include International Bookings At Hilton Family Of Hotels

The Waldorf Astoria Collection Also Added to Budget’s Program

Parsippany, NJ May 23, 2007 -

Budget Rent A Car System, Inc. today announced that it is expanding point redemption opportunities for travel professionals enrolled in Unlimited Budget®, the Company’s loyalty program for travel professionals. Now, travel professionals can earn reward points for booking their clients for stays within the global Hilton Family of Hotels portfolio. Previously, Unlimited Budget members could only earn points from bookings at Hilton Family of Hotels in North America.

This global expansion also includes the newest brand in the Hilton Family of Hotels, The Waldorf=Astoria Collection. One of the world’s leading luxury hotel brands, The Waldorf=Astoria Collection offers all the amenities and services that discerning travelers expect. Its five extraordinary properties include: The Waldorf=Astoria in New York; Arizona Biltmore Resort & Spa in Phoenix, Arizona; Grand Wailea Resort Hotel & Spa in Maui, Hawaii; La Quinta Resort & Club in Southern California; and Qasr Al Sharq in Jeddah, Saudi Arabia. Located in some of the world’s most desirable travel destinations, each hotel has its own distinct character, timeless architecture and special history.

With the global participation of the Hilton Family of Hotels and the addition of The Waldorf=Astoria Collection, participating hotels in the Unlimited Budget program now include more than 2,800 hotels under the Hilton, Conrad Hotels and Resorts, Doubletree, Embassy Suites Hotels, Hampton Inn, Hampton Inn & Suites, Hilton Garden Inn, Homewood Suites by Hilton, and Waldorf=Astoria Collection brands. 

Unlimited Budget allows members to earn reward points for each qualifying transaction with Budget Rent A Car and its Unlimited Budget hotel partners. Once 10 points are earned, an Unlimited Budget stored-value MasterCard card worth $10 is issued.

“We’re proud to bring travel professionals an additional way to earn cash rewards,” said Kaye Ceille, senior vice president of global travel and partnership sales for Avis Budget Group, Inc., parent of Budget. “It’s just another way that the Unlimited Budget program ‘pays on everything.’ ”

“We are delighted to extend coveted point redemption opportunities globally to travel professionals who continue to be a critical partner in our business mix,” said Bala Subramanian, senior vice president of global distribution services at Hilton Hotels Corporation. “Now, point redemptions can be earned for exciting destinations throughout the world, from Jeddah, Saudi Arabia to Portorosa, Italy.”

Enrollment in Unlimited Budget is free and is open to travel professionals who are residents of the United States age 18 and over. For more information or to enroll in Unlimited Budget, travel professionals can visit www.unlimitedbudget.com.

About Unlimited Budget
Unlimited Budget is the premier travel agency loyalty program for Budget Rent A Car through which members can earn valuable reward points on all completed business and leisure car rental transactions in the United States. When introduced in 1997, Unlimited Budget was the first rental car loyalty program for travel professionals. This year marks the 10th anniversary of the program.

Unlimited Budget members can also earn points for completed bookings with Budget hotel partners, including Hilton, Conrad Hotels & Resorts, Doubletree, Embassy Suites Hotels, Hampton Inn, Hampton Inn & Suites, Hilton Garden Inn, Homewood Suites by Hilton and The Waldorf=Astoria Collection hotels.

Once a member has accumulated 10 points, the agent receives an Unlimited Budget stored-value MasterCard card loaded with $10 that can be used to make purchases anywhere MasterCard debit card is accepted, including ATMs. Additional credits are automatically deposited.

About Budget
Budget Rent A Car System, Inc. is the owner and franchiser of one of the world's best-known car rental brands with more than 1,800 car rental locations in the U.S., Canada, Latin America, the Caribbean, Australia and New Zealand. The company also operates Budget Truck Rental and is a wholly owned subsidiary of Avis Budget Group, Inc. (NYSE: CAR). For further information, visit www.budget.com.

About Hilton Hotels Corporation
Hilton Hotels Corporation (NYSE:HLT) is the leading global hospitality company, with more than 2,800 hotels and 480,000 rooms in 76 countries and territories, including 100,000 team members worldwide.

The company owns, manages or franchises a hotel portfolio of some of the best known and highly regarded brands, including Hilton®, Conrad® Hotels & Resorts, Doubletree®, Embassy Suites Hotels®, Hampton Inn®, Hampton Inn & Suites®, Hilton Garden Inn®, Hilton Grand Vacations™, Homewood Suites by Hilton® and The Waldorf=Astoria Collection®.

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