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Canton,
OH – June 2021 / Newsmaker Alert / 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”), announces
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.
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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 call 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
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.
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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