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 Dieter Huckestein Appointed President and Chief Executive Officer
of Yellowstone Club World, LLC. 
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BEVERLY HILLS, Calif. - March 8, 2006 -- Yellowstone Club World announced today that 35-year lodging and hospitality industry veteran Dieter Huckestein has been appointed president and chief executive officer of Yellowstone Club World, LLC. In this role, Dieter Huckestein will be responsible for operation of the existing Yellowstone Club in Big Sky, Montana as well as all operations, marketing and development of the soon-to-be launched Yellowstone Club World, an exclusive portfolio of private resort properties located in ten unique and memorable vacation destinations around the world. 

Huckestein joins Yellowstone Club World from Hilton Hotels Corporation, where he most recently served as chairman and chief executive officer of Conrad Hotels, the luxury brand in the Hilton Family of Brands, and as president of the Hilton Global Alliance. 

Tim and Edra Blixseth, co-founders, owners and developers of the Yellowstone Club in Big Sky, Montana and Yellowstone Club World said, "With Yellowstone Club World, we are charting new and exciting territory by introducing the successful Yellowstone Club membership concept on a truly global scale. Dieter Huckestein's international hospitality experience coupled with his impeccable credentials, relentless enthusiasm and his exceptional management skills, make him the perfect leader for our new organization". 

Dieter Huckstein said "I am honored to work with the Blixseths and lead this incredible global organization". He added, "Their vision in creating the Yellowstone Club in Big Sky, Montana, and their attention to detail in developing the facilities and support services that complement this extraordinary complex has set the standard for private, residential resort development. I look forward to replicating the unique, family-oriented vacation experiences offered in Montana at the exciting new destinations that will comprise Yellowstone Club World". 

Prior to his responsibilities with Conrad Hotels, Huckestein served for 10 years as executive vice president and president of Hilton's owned and managed hotel operations responsible for the hotel giant's portfolio of approximately 400 owned and managed full service hotels, overseeing hotel operations that drove over $5 billion in revenues. These include many of Hilton's largest and most well-known hotels in the country, including The Waldorf=Astoria. He also served on Hilton Hotels Corporation's Board of Directors for 10 years prior to his retirement from Hilton earlier this year. 

Huckestein is currently serving as president of the International Hotel & Restaurant Association (IH&RA) and recently served as chairman of the American Hotel & Lodging Association (AH&LA) in 2004. The American Academy of Hospitality Sciences has honored Huckestein with the Academy's Lifetime Achievement Award for 2006 -- a recognition bestowed to recognize and celebrate outstanding hoteliers for their stellar contributions to the global hospitality industry. 

As an extension of the renowned Yellowstone Club in Montana - the world's only private ski, golf and residential resort community, Yellowstone Club World will soon become the world's premier vacation membership club. Planned for introduction later this year, Yellowstone Club World will offer irresistible variety within its collection of the "Perfect Ten" destinations, each affording complete privacy and security while creating unique travel experiences at many of the world's most desirable vacation venues. Life-long memories will be created by leisurely days to be spent exploring the miles of pristine private beaches, expansive estates, historic castles, championship golf clubs and world class spa facilities to be offered by Yellowstone Club World. Members will also have access to private yachts and a fleet of private jet aircraft that will enable their families and friends to travel in comfort and style. 

Yellowstone Club World is the first multi-national group of privately owned resort destinations. Like the Yellowstone Club in Montana, Yellowstone Club World is being developed to provide its members with distinctive and memorable leisure travel experiences in comfortable, family-oriented surroundings complemented by impeccable services and amenities. Membership into the exclusive Yellowstone Club World will be available by invitation only and will be capped at 150 members, with membership fees starting at USD$4 million.

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Contact:

Yellowstone Club World
Ammal Alsree-Agustin
+310.285.2000
aalsree@ywemail.com

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Also See: Dieter Huckestein Retiring After 35 Years with Hilton Hotels Corporation, Hilton International / December 2005
Developers of the 13,400 Acre Yellowstone Club Private Resort Accused ofViolating the Clean Water Act Related to the Construction of a Golf course, Ski Runs / Sept 2001

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