Company Purchases Multiple Vacation Ownership Units in Activity-Rich Area Between Austin and San Antonio

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In 2008, Munich is celebrating its 850th birthday with a summer full of celebrations and events. The motto of the anniversary is ‘Building Bridges’, a celebration of the cities movement from a monastery to the hub of culture and high-technology that it is today.

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AGO, the elegant Italian trattoria named after its celebrated executive chef partner, Agostino Sciandri, will officially open its doors at the Hard Rock Hotel & Casino, following the exclusive grand opening reception on March 3, hosted by partner Robert DeNiro and Sciandri. The opening of the Las Vegas restaurant coincides with the tenth anniversary year of the landmark Los Angeles eatery.

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In this economic climate, there are hotels that will continue to generate revenue and those that will generate excuses. What will be the difference - those hotels that develop contingency plans with measurable ‘triggers’ versus those that sit by and watch the economy take its toll on their revenue base.

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2007 Record Year for FFO and EBITDA

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The Rezidor Hotel Group (STO:REZT) arrives in East Africa’s largest city, Nairobi/Kenya: The company will manage the new Radisson Hotel Nairobi featuring 244 rooms located in Upper Hill, the upscale new financial and business district of Nairobi. The hotel is scheduled to open in early 2010.

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It is commonly understood that spas were once an afterthought for operators of hotels and resorts. Yet as living a healthy and better lifestyle has become one of the population’s top priorities, spas have grown in popularity and are viewed as essential elements to a hotel or resort’s success rather than being just a luxury.

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Hilton Hotels Corporation today announced that it has signed a franchise agreement with DIMATOUR to open the new Hilton Garden Inn(R) Bologna/San Lazzaro in Italy.

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Outrigger Enterprises Group has been selected to manage the 400 room luxury full service hotel being built in the exciting new West Sands mixed use resort under construction on Mai Khao Beach on the northwestern shore of Phuket, Thailand. The West Sands Resort will also feature 98 luxury villas and 336 condominiums, along with stand-alone restaurants and a world class water park.

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Monthly summary of Occupancy, ADR and REVPar for the United States.

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