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.Alliance Hospitality and Armada Hoffler Joint Venture Open
 the 137-room  Hilton Garden Inn Blacksburg, Virginia


FAIRFAX and BLACKSBURG, Va., August 12, 2009 - Crestline Hotels & Resorts, Inc. today announced the opening of the new Hilton Garden Inn Blacksburg, VA. The 137 guestroom hotel is located near the Virginia Tech campus and the Virginia Tech Research Center, as well as area businesses and leisure amenities such as the Pete Dye River Golf Course at Virginia Tech.

The Hilton Garden Inn Blacksburg is owned by a joint venture between Alliance Hospitality, a private equity joint venture real estate fund created by Barcelo Crestline Corporation (the parent company of Crestline Hotels & Resorts) and Armada Hoffler, a leading commercial real estate and Construction Company, along with Bruce Smith Enterprise, LLC. Alliance Hospitality was created to focus on the development and construction of high-quality hotels and also owns the 236 guestroom Westin Virginia Beach hotel which opened in November 2007.

"This beautiful new hotel offers a stylish option not previously available for guests visiting Montgomery County for business or pleasure," said Dave Durbin, President & CEO, Crestline Hotels & Resorts. "The hotel's prime location coupled with its commitment to excellent guest service and community involvement is a key to success, especially in today's business climate," added Durbin.

The hotel, which is located at 900 Plantation Road, Blacksburg, VA 24061, features 137 well appointed guest rooms. Each room is furnished with a spacious work desk and Mirra ergonomic desk chair for comfort, complimentary wireless internet access, a 32 inch high definition television, and two telephone lines. For meetings there is 1,280 square feet of divisible meeting space plus an additional 850 square feet of pre-function space that opens to an outdoor patio. For dining guests may enjoy the Great American Grill for breakfast and dinner, and the Pavilion Lounge for cocktails. There is also the Pavilion Pantry for sundry items and room service and onsite catering is available. Guests may relax in the fitness center, and indoor pool and spa area. Additional amenities include a business center, and a guest laundry.

For reservations and more information, visit online at www.stayhgi.com or call 540-552-5005.

About Crestline Hotels & Resorts, Inc.

Crestline Hotels & Resorts, Inc. is one of the nation's largest independent hospitality management companies. Founded in 2000, the company presently manages 66 hotels, resorts and conference and convention centers with nearly 14,000 rooms in 13 states and the District of Columbia. Crestline Hotels & Resorts manages 13 independent properties in major US markets including Atlanta, Chicago, Houston, Los Angeles and Washington D.C. Crestline also manages properties under such well-regarded brands as Marriott, Hilton, Westin, Renaissance, Sheraton, Crowne Plaza and Wyndham. For more information visit www.crestlinehotels.com.

Note: Certain matters discussed herein are forward-looking statements within the meaning of the Private Litigation Reform Act of 1995. Certain, but not necessarily all, of such statements can be identified by the use of forward-looking terminology, such as "believes," "expects," "may," "will," "should," "estimates" or "anticipates" or the negative thereof or comparable terminology.
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Contact:

Gayle MacIntyre of
Global Ink Communications for
CrestlineHotels & Resorts, Inc.,
+1-404-643-8222,
gaylemacintyre@aol.com
www.crestlinehotels.com

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Also See: Crestline Hotels & Resorts Appoints Jeremy Allen General Manager for the Hilton Garden Inn Blacksburg, VA / May 2009

Crestline Hotels & Resorts Appoints Linda Cahue as Director of Sales & Marketing for the Wyndham Palm Springs Hotel / May 2009

Crestline Hotels & Resorts Appoints Randy P. Taormina and Anna D. Lyons to General Manager Positions / December 2008

Highland Hospitality Acquires the 143-room Silversmith Hotel in Downtown Chicago for $34.5 million, $241,000 per Key / February 2007

Crestline Hotels & Resorts Appoints Jason Mueller General Manager for The Silversmith Hotel & Suites in Chicago / March 2007
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