Pan Pacific Seattle Now Open

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. October 14, 2008

SEATTLE, WA, November 20, 2006, The long anticipated opening of the new Pan Pacific Seattle was celebrated this week by three generations of descendents of the Denny family, the lead family in the original Denny Party, credited with founding Seattle. Situated on Denny and Westlake, the opening of Pan Pacific Seattle in Vulcan Real Estate's 2200 development honors the pioneering spirit that led to the founding of Seattle.

The 160-room hotel is a focal point of the 2200 development at the Gateway to Seattle's South Lake Union neighborhood. With the concept of the "total stay experience," Pan Pacific Seattle introduces a new standard for excellence in the Pacific Northwest designed to provide service and amenities focused and tailored for each individual guest.

Similar to the features found only at the world's most sophisticated properties, the world-class hotel offers its guests the following "high concept" lifestyle appointments:

---|Featuring Personal Stewards who deliver a new standard of individualized service. Whether it's planning a full itinerary or simply arranging a few services, the Personal Stewards work with each guest to customize their stay. They are an extension of a highly trained team of associates dedicated to making each stay a memorable experience.

---|Boasting the latest in business and entertainment technology, amenities include wired or wireless broadband connectivity throughout the entire property; a flexible in-room workspace with easy to access outlets; and 32" plasma TVs featuring Kool Connect technology, which lets guests watch (high definition television and movies) or listen (more than 1,000 radio channels around the world) to what they want, when they want it.

---|As Seattle's new elite, urban destination, Pan Pacific Seattle also features Hirsch Bedner designer guest rooms with Seattle city, Space Needle, and Lake Union views and harmo-nious elegance. Innovative bathrooms feature a European size bathtub and glass enclosed shower plus a shoji screen-style wall to open the space into one large master suite.

---|Other features include a modern "library" lounge offering the world's finest Champagnes along with a full bar and light snacks; 24-hour private in-room dining; full service spa and fitness center; 5,405 square feet of Seattle's most luxurious function space, including seven conference rooms, ideal for corporate meetings, parties and special events. Each features spectacular views with an abundance of natural light, the most advanced A/V equipment, zebrawood accents and warm lighting, plus a professional event services team available to support all types of business and social gatherings.

Internationally known for personalized service and attention to detail, Pan Pacific Seattle integrates the hotel's services with the condominium homes so that residents can take advantage of the exclusive luxuries usually reserved for hotel guests, including 24-hour room service, concierge, valet parking, pet concierge service, housekeeping, and turn down service.

Minutes from downtown and within walking distance of Nordstrom's flagship store, the new hotel is part of Vulcan's 2200 development and is bordered by Westlake Avenue, Denny Way, Terry Avenue, Lenora Street and Ninth Avenue. The 550,000-square-foot mixed-use project features, in addition to the Pan Pacific Seattle, 261 condominium homes, two restaurants, Koot's Green Tea, Starbucks, plus 39,000 square feet of retail shops, a luxury spa, a 16,000-square-foot landscaped plaza and a 47,000-square-foot Whole Foods Market(R). In 2007, the streetcar linking South Lake Union to the rest of downtown Seattle will stop right at the front door of 2200 and Pan Pacific Seattle.

Vulcan owns approximately 60 acres in South Lake Union and is leading one of the largest urban revitalization efforts in the U.S. that will consist of nearly 10 million square feet upon completion. Its vision for the area is to partner with the community to foster a vibrant, connected neighborhood that blends new housing development with lively shops and restaurants, new offices, and biotech research

Pan Pacific Hotels and Resorts currently encompasses 22 hotels (15 managed properties and 7 marketing affiliates) in 11 countries throughout Asia, the Pacific and North America. For more information, visit panpacific.com, or call toll-free reservations at 800 327 8585 (United States and Canada). Pan Pacific Hotels and Resorts is a founding member of the Global Hotel Alliance.