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Senior Vice President, HVS Capital Corp. |
| Denver, CO, September 24, 2001 � HVS Capital
Corp., a leading hospitality investment-banking firm, has announced the
appointment of hotel and hospitality veteran William (Bill) G. Sipple to
its firm as Senior Vice President.
�Bill brings a unique professional background to HVS Capital Corp.,� said Mike Sullivan, Managing Director of HVS Capital Corp. �His wealth of experience in development, consulting, operations, and computer information systems will be invaluable assets as we expand HVS Capital Corp.�s industry presence.� Mr. Sipple has more than 22 years of executive experience in the hospitality industry. Most recently, he served as Regional Director of Development for Starwood Hotels & Resorts Worldwide, where his duties included product positioning for Westin, Sheraton, Four Points, and Luxury Collection brands for the Western United States. During his tenure at Starwood, Mr. Sipple was responsible for developing more than $1 billion of assets, including portfolio transactions, ski resorts, golf resorts, mixed-use developments, urban high-rise developments, and luxury destination resorts. He also worked to build Starwood�s development MIS systems, enabling the company to reach its operational/development objectives. Mr. Sipple�s previous experience includes a position as Manager-In-Charge of the Hospitality Practice with PKF�s Dallas office. While at PKF, he developed and instructed the company�s national training course and designed its national computer-based market and financial analysis models. Additionally, Mr. Sipple was a founding principal in Index Consulting Group, Inc., a leading consulting and valuation firm for hotels, casinos, office, and retail assets. Major clients included Prudential Insurance, Chemical Bank, Bank of America, Home Savings, RTC, and FDIC. He also served as Regional Vice President of Development for both Ramada Inns and Brookshire Development. Mr. Sipple is a Certified Hotel Administrator with the American Hotel & Motel Association. He is also a Certified General Appraiser in Colorado, and has held the same designation in Massachusetts and Florida. He holds a Bachelor of Science degree in Hotel Administration from Cornell University�s School of Hotel Administration and is a member of the Cornell Society of Hotelmen. He has completed numerous educational courses presented by the Appraisal Institute and the National Association of Realtors. HVS Capital Corp. a division of HVS International and a leading worldwide hospitality investment banking and advisory firm, assists developers, owners, and investors of hospitality assets in financing, investment sales, and capital advisory.
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Contact:
| Leora Halpern Lanz
516-248-8828 Ext. 278 |