Mr. Trice was formerly President and Chief Executive Officer of Crestline Hotels & Resorts.  David L. Durbin, formerly Executive Vice President of Crestline Hotels & Resorts, has been promoted to Executive Vice President of Crestline Capital Corporation and Chief Operating Officer of Crestline Hotels & Resorts.
 

In his new role, Mr. Trice will focus on the strategic planning and continued growth of Crestline Hotels & Resorts.  Mr. Durbin will continue his role leading day-to-day operations of the management subsidiary.  Both Messrs.  Trice and Durbin will report to Bruce D. Wardinski, Crestline

Donald R. Trice

Mr. Wardinski commented, �I had originally anticipated these expanded roles for Don and Dave when we launched Crestline Hotels & Resorts nearly a year ago.  Don will bring his greatest strengths to developing industry relationships and guiding the strategy and growth of our business, while Dave will continue to lead and motivate our nearly 4,000 associates spread across the country.  We are very fortunate to have two such talented industry veterans at the helm of our growing management subsidiary.�

About the companies

Crestline Capital Corporation is the parent company of Crestline Hotels & Resorts, among the nation�s leading independent hotel management companies, and is the owner of one of the nation�s premier senior living community and hotel portfolios.  

Crestline Hotels & Resorts manages and leases 34 hotels, resorts and conference and convention centers with over 6,500 rooms in eleven states and the District of Columbia.  Crestline Hotels & Resorts manages properties independently and under such well regarded brands as Marriott, Hyatt, Hilton, Sheraton, Renaissance and Crowne Plaza.  

Certain matters discussed herein are forward-looking statements within the meaning of the Private Litigation Reform Act of 1995.