Elite Hospitality's Manoj Bhoola Elected To Suburban Franchise Systems Board Of Directors

It was announced today that Manoj Bhoola, President & COO of Elite Hospitality, Inc. has been elected to the Board of Directors of Suburban Franchise Systems, Inc., a franchisee-owned company with 68 Suburban Extended Stay Hotels operating in the United States.

Mr. Bhoola was elected at the Suburban Franchise Systems owner's meeting held in Atlanta last week. Elite Hospitality currently operates three Suburban Extended Stay Hotels in Daytona Beach, Melbourne, and Lakeland, Florida, with plans to purchase and/or build three additional Suburban Extended Stay properties in the coming year.

With degrees in both accounting and business from Wake Forest University, Manoj Bhoola has diverse experience in the hospitality industry, including regional management, financing, acquisitions, development, hotel conversion and property analysis. He has received gold-medal awards from numerous hotels as well as a certificate of training excellence from the American Management Association.

Mr. Bhoola serves on the board of directors of the American Hotel and Motel Association, the board of directors of the Florida Hotel & Motel Association and is a member of the Asian American Hotels Owners Association.

"We are very pleased to have Manoj Bhoola join the Board," said Kevin Lewis, President and CEO of Suburban Franchise Systems, Inc. "As an experienced hotelier with over 1,800 rooms under several different flags, Mr. Bhoola will be a valuable Board member. His insight and leadership will prove invaluable as Suburban accelerates its expansion over the next several years." Based in Atlanta, Suburban Franchise Systems, Inc. is entirely franchisee owned and operated and is the pioneer of the economy extended stay lodging industry. Suburban Extended Stay Hotels offer guests the essentials of home at affordable prices with everything one needs to make their extended stay a comfortable stay.

Room features of each hotel include a complete in-room kitchen with stove-top, microwave, refrigerator, coffee maker, cook wear and utensils; plus a convenient work desk, data ports, voice mail, cable TV with premium movie channels, CNN and ESPN.

One of Florida's premier hotel developers and management companies, Daytona Beach-based Elite Hospitality Inc. owns and/or operates numerous other franchised and independent properties throughout Florida and the United States including Hilton Garden Inns, Hampton Inns, Comfort Suites, Comfort Inns, Quality Inns, and recently opened, the upscale Castillo Real, a Clarion Collection Hotel at St. Augustine Beach. For more information, please visit www.elitehospitality.com.

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