Canada's EAD JV Partners with Delta Hotels & Resorts to Develop 362-room Delta Edmonton Hotel

. October 08, 2014

EDMONTON - October 8, 2014 - The EAD Joint Venture is proud to announce Delta Hotels and Resorts (Delta) as the hotel partner for the Edmonton Arena District (EAD). With construction to be completed in fall 2017, the new Delta Edmonton hotel will become downtown's first newly constructed four-star, full-service hotel in three decades.

Designed to match the contemporary architecture and innovative design of the EAD, the impressive tower will exceed 50 storeys in height. The 26 storey hotel tower, with private condos reaching into the skyline, will bring unparalleled luxury to Edmonton's city centre. The unveiling of Delta as the hotel partner follows closely on the announcements of the City of Edmonton and Stantec tenancies in the EAD, and the unveiling of Edmonton's tallest tower. With construction of the hotel parkade scheduled to begin in fall 2014 and the main hotel tower to begin in fall 2015, the continued progress of the EAD marks an exciting time for the citizens of Edmonton.

"We're thrilled to announce Delta as the hotel partner for the Edmonton Arena District," said Daryl Katz, chairman of the Katz Group of Companies. "The EAD will be a magnet for Edmontonians and visitors alike -- a special gathering place to experience, celebrate, and come together. This partnership with Delta offers our visitors an upscale and modern place to stay that reflects this world class destination."

The hotel will consist of 362 guest rooms and suites, and offers numerous upscale amenities, such as a luxury pool, outdoor terrace and expansive fitness facilities. It will house approximately 24,000 sq. ft. of state of the art ballroom, meeting and conference space, with access to an outdoor area overlooking the EAD's public plaza.

"We are proud to partner with the EAD Joint Venture to bring Delta's elevated hotel experience to Edmonton's newest landmark," said Ken Greene, president and CEO of Delta Hotels and Resorts. "Like Edmonton, Delta is on a journey of transformation. From coast to coast, we are introducing new designs, new hotels and new brand programs that engage guests in ways that one would expect from Canada's leading, full-service hotel company."

Delta Edmonton is one of many new Delta projects, including the recently opened Delta Waterloo, Delta Toronto opening at the end of November, and the addition of the new Delta Calgary International Airport that incorporate the company's new elevated brand concept.

"When planning the Edmonton Arena District, it was important to us that we attract brand partners that reflect the EAD's world class values," said Darren Durstling, president and CEO of WAM Development Group. "With this new Delta announcement, we've done just that. We're very excited to welcome Delta Hotels and Resorts to the EAD."

For more information and updates on the Edmonton Arena District, visit EAD.ca.

About Delta Hotels and Resort

A leading Canadian hotel management company, Delta Hotels and Resorts operates and franchises a diversified portfolio with 42 full-service, city centre and airport hotels and resorts under the Delta brand. Widely regarded as Canada's "brand of choice" by guests and owners, Delta also distinguishes itself as an exemplary employer. It is the only hotel company to have been recognized for its sustained focus on business excellence by the prestigious Excellence Canada with three Canada Awards for Excellence. The hospitality company has also consistently ranked as one of the country's 50 Best Employers for 14 years, and has been named to the Green 30 since 2010. As well, its national sustainability program, Delta Greens is the most comprehensive and ambitious in the hospitality industry touching on every aspect of the hotel business. Delta's Corporate Social Responsibility platform, Delta Helps, includes a chain-wide commitment to the communities it serves through a national partnership with Habitat for Humanity Canada, participation in the Hotel Association of Canada's Green Key Eco-Rating program, and work with various other charitable groups. Delta Hotels Limited is privately owned by the British Columbia Investment Management Corporation. For more information, please visit www.deltahotels.com.

About The Edmonton Arena District (EAD)

The Edmonton Arena District (EAD) will be a world-class destination, developed by a joint venture between Katz Group and WAM Development Group. The EAD will offer Edmontonians and visitors from around the world a place to live, work and play. Anchored by a public plaza and the Rogers Place Arena,

the EAD will house an upscale hotel, two office towers, condominiums and rental apartments. As well, the urban village will offer a variety of eateries, retail options including boutique shops, a grocery store, pharmacy, and year-round entertainment and attractions. The EAD will be a dynamic, mixed-use urban destination that is true to Edmonton's character and unlike anything in North America.

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