Hall of Fame Resort and Entertainment Company Recognized with 2020 Hilton Legacy Award
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CANTON, Ohio--(BUSINESS WIRE)--Hall of Fame Resort & Entertainment Company ("HOFV" or the "Company") (NASDAQ: HOFV, HOFVW), the only resort, entertainment and media company centered around the power of professional football and owner of the Hall of Fame Village powered by Johnson Controls ("the Destination"), today announced it has been recognized with a 2020 Hilton Legacy Award for its conversion of the DoubleTree by Hilton Canton Downtown Hotel (the "Property"). HOFV completed a multi-million-dollar renovation of the Property in October 2020 that included gutting the hotel down to its studs for a complete overhaul of room layouts and to make space for new features such as a private dining area and meeting and entertainment space.

The Legacy Awards program, which celebrates owners and development partners in the Americas for contributions toward brand excellence and development efforts, recognize the passion, creativity and innovative spirit of Hilton's partners who are committed to quality projects that meet or exceed brand standards and have a positive impact on communities around the world. The leadership of Hilton's development and brand teams select the winners based on strict criteria including, but not limited to, hotel quality and commitment to guest experience.

"We are honored to receive the prestigious Legacy Award for the renovation we completed at the DoubleTree by Hilton Canton Downtown Hotel," said Mike Levy, President of Operations at HOFV. "With Canton being the birthplace of American football, we had a clear vision for the Property that paid homage to this history while also providing guests with the same high-quality experience they expect from a Hilton-branded hotel. Given the Property's consistent strong occupancy since opening last October, it's clear that our design resonated with the sports community in Canton and beyond. On behalf of our entire company, I want to thank Hilton for recognizing our work with one of the greatest honors possible – the Legacy Award."

The renovation of the DoubleTree by Hilton Canton Downtown Hotel will be highlighted at this year's American Lodging Investment Summit, set to take place from July 26 – July 28 at the JW Marriott at L.A. Live. Those interested in reserving rooms at the Property, which is managed by Crestline Hotels & Resorts, can do so by clicking here or by calling 330.471.8000.

About Hall of Fame Resort & Entertainment Company

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) is a resort and entertainment company leveraging the power and popularity of professional football and its legendary players in partnership with the Pro Football Hall of Fame. Headquartered in Canton, Ohio, the Hall of Fame Resort & Entertainment Company is the owner of the Hall of Fame Village powered by Johnson Controls, a multi-use sports, entertainment and media destination centered around the Pro Football Hall of Fame's campus. Additional information on the Company can be found at www.HOFREco.com.

About DoubleTree by Hilton Canton Downtown Hotel

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The DoubleTree by Hilton Canton Downtown Hotel is the only hotel located in Downtown Canton, Ohio. Located just five miles from the Pro Football Hall of Fame and Hall of Fame Village powered by Johnson Controls, the newly-renovated hotel features over 11,000 square-feet of meeting space, an indoor pool, fitness center and a full-service restaurant. The hotel is a 2020 recipient of the Hilton Legacy Award for Conversion of the Year. To learn more, click here or call 330.471.8000.

About Hilton

Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 18 world-class brands comprising more than 6,500 properties and more than one million rooms, in 119 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed more than 3 billion guests in its more than 100-year history, earned a top spot on the 2020 World's Best Workplaces list, and was named the 2020 Global Industry Leader on the Dow Jones Sustainability Indices. In 2020, Hilton CleanStay was introduced, bringing an industry-defining standard of cleanliness and disinfection to hotels worldwide. Through the award-winning guest loyalty program Hilton Honors, the more than 115 million members who book directly with Hilton can earn Points for hotel stays and experiences money can't buy. With the free Hilton Honors mobile app, guests can book their stay, select their room, check in, unlock their door with a Digital Key and check out, all from their smartphone. Visit newsroom.hilton.com for more information, and connect with Hilton on Facebook, Twitter, LinkedIn, Instagram and YouTube.

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About Crestline Hotels & Resorts

Crestline Hotels & Resorts is one of the nation's largest independent hospitality management companies. Founded in 2000, the company presently manages 125 hotels, resorts, and conference centers with nearly 18,600 rooms in 28 states and the District of Columbia. Crestline manages properties under such well-regarded brands as Marriott, Hilton, and Hyatt, as well as independent, private label hotels and conference centers throughout the United States. Crestline Hotels & Resorts received the highest score in the J.D. Power 2020 Third-Party Hotel Management Guest Satisfaction Benchmark of customers' satisfaction with their hotel stay. For more information, visit www.crestlinehotels.com.

Forward-Looking Statements

Certain statements made herein are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words and phrases such as "opportunity," "future," "will," "goal," and "look forward" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of the business combination; costs related to the business combination; the inability to obtain or maintain the listing of the Company's shares on Nasdaq; the Company's ability to manage growth; the Company's ability to execute its business plan and meet its projections; potential litigation involving the Company; changes in applicable laws or regulations; general economic and market conditions impacting demand for the Company's products and services, and in particular economic and market conditions in the resort and entertainment industry; the potential adverse effects of the ongoing global coronavirus (COVID-19) pandemic on capital markets, general economic conditions, unemployment and the Company's liquidity, operations and personnel, as well as those risks and uncertainties discussed from time to time in our reports and other public filings with the SEC. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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