White Lodging Continues Growth, Breaks Ground On Hotels In Austin And Arizona Markets

AUSTIN AND ARIZONA | Monday, July 21, 2008

The 145-room Courtyard by Marriott in Austin, Texas, is slated for a late 2009 opening. Located in Chandler, Arizona, the Courtyard by Marriott and Fairfield Inn & Suites by Marriott, the company's fourth dual-branded hotel property, are slated for a late-2009 opening.

White Lodging, already Austin's largest hotel owner and operator with 16 hotels in that market, recently celebrated the addition of its 135th hotel and has an ambitious growth plan to add 100 properties including seven in the Austin market to their management portfolio over the next five years, estimating the addition of more than 2,500 new manager and $1.5 billion in managed sales.

"The Chandler and Austin markets continues to experience strong economic and employment growth with several major commercial developments coming on line over the next 24 months," says Deno Yiankes, president & CEO of White Lodging's Investments and Development division. "This, coupled with the strong brand affiliation in Marriott and our two, strategic locations make for an exciting combination." The two-in-one hotel in Chandler, Arizona is joined together by facilities including an outdoor pool and spa, expansive fitness center boasting top-of-the-line equipment, two business centers, meeting rooms and guest laundry facilities. Each hotel will have a separate covered entrance located on a common plaza that will feature public art.

The hotel complex will be located within the Chandler Centerpoint Business Center in the heart of Chandler's expanding corporate office district and just minutes from the Chandler Fashion Center, restaurants and other area attractions.

The Courtyard Austin North hotel will bring an additional 145 guestrooms to the ever-growing North Austin area and will feature a spacious lobby and guestrooms featuring Marriott's plush bedding and flat screen televisions.

The hotel boasts the newest generation of interior public design, including kiosk reception stations, an interactive "go-board" display providing traffic, weather, flight updates, restaurant recommendations and local attractions. The Courtyard Austin North hotel is just 15 minutes from the Austin-Bergstrom International Airport and its close proximity to main thoroughfares help make downtown Austin, Sixth Street and other Austin attractions easily accessible to guests. The hotel is also just minutes away from major companies including Dell, IBM, Applied Materials, Apple, Samsung, Home Depot Call Center and Motorola.

White Lodging, which has scored accolades in all aspects of hotel development and operations from being named one of Training Magazine's Top 125 National training companies in 2008 to having received multiple AAA 4-Star Diamond Awards, has been honored with twelve of Marriott International's Partnership Circle Awards since its inception in 1985.

ABOUT WHITE LODGING Established in 1985 and headquartered in Merrillville, IN, White Lodging is a fully integrated developer, owner and manager of premium brand hotels a trusted leader that consistently delivers superior leading brand hotel experiences and premium returns on investment among mid-to-large scale hotels across the country. With over 20 years of expertise and future development projects in excess of $1.5 billion opening over the next five years, White Lodging continues to break ground as one of the fastest growing independent hospitality companies in the country. Their managed portfolio of 132 hotels in seventeen states encompasses representation of the following leading Inn by Marriott, Hilton; Radisson Hotels; Intercontinental Hotel Group; and Starwood Hotels & Resorts. For more information about White Lodging, visit www.whitelodging.com.

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