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Marshall Management Acquires Contract to Manage
Manhattan Four Points by Sheraton Chelsea
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Company’s Fourth in New York City Through Partnership
with The Lam Group; Lam Generation

SALISBURY, Md./NEW YORK CITY, N.Y., April 22, 2008 – Marshall Management, Inc., a leading, mid-sized hotel management company, today announced that it has signed a contract to manage the Four Points by Sheraton Manhattan Chelsea.  This marks the company’s fourth managed hotel in New York City under an agreement with The Lam Group, a leading hotel and real estate development firm owned by John Lam, and Lam Generation, a recently formed hotel development and ownership company operated by Jeffrey Lam.  Under the terms of the agreement, announced in August 2007, Marshall will provide services to accelerate their planned development in New York City.  Of the four Lam hotels to be managed by Marshall, the Four Points by Sheraton Manhattan Chelsea is the first to open; the remaining three are currently under development.

“Through our partnership with The Lam Group and Lam Generation, we have been able to utilize our expertise in urban, mid-market hotels to establish a presence in New York City,” said Michael Marshall, president and CEO of Marshall Management, Inc.  “We have found there is a demand for the type of customized services that are Marshall’s hallmark in the Manhattan market-- Moderately-sized properties in an area where space is at a premium and competition is considerable, stand to benefit from our targeted, individualized attention.  The Four Points Manhattan Chelsea aligns perfectly with our area of expertise, and we intend to maintain its standing as a key property in one of Manhattan’s hippest neighborhoods.”

The 158-room Four Points by Sheraton Manhattan Chelsea is within walking distance of Manhattan’s most storied attractions, including Times Square, the Empire State Building, Madison Square Garden and the Chelsea Piers.  It is also proximate to a number of corporate offices, including Hewlett Packard, GE, Verizon, Reuters, the Met Life Building, CBS/Viacom and New York University.  Hotel guestrooms feature wide angle views of the Manhattan skyline, the signature Four Points by Sheraton Four Comfort Bed, and modern furnishings.  The property also features a state-of-the-art fitness center, the U and Mei casual dining restaurant and more than 2,000 square feet of meeting space that can seat up to 10 people.

About Marshall Management, Inc.
Salisbury, Md.-based Marshall Management, Inc., founded in 1980, has special expertise in operating three- and four-star branded hotels and resorts, averaging 100 to 400 rooms, in urban and central business districts, suburban/drive-to and resort locations.  In addition, the company has a proven track record managing independent resort and unique urban properties.  The company has managed a wide array of leading hotel brands, including Hilton, Starwood, InterContinental Hotel Group, Hyatt, Choice and Wyndham.  Additional information about Marshall Management may be found at the company’s Web site: www.marshallhotels.com.

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Contact:

 Rick Day
Senior Vice President – Sales and Marketing
Marshall Management, Inc.
(410)749-8464
rday@marshallhotels.com
 

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Also See: The Lam Group, Lam Generation Sign Marshall Management to Facilitate Accelerated Development in New York City / August 2007
Duane Quintana and Josephine Allen Join Marshall Management as Regional Director of Sales and Marketing and Marketing Manager, Respectively / April 2008
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