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BHG, Brazil Hospitality Group, Launches Largest Hotel Complex
in the State of Para in Brazil


Totaling 405 Rooms,
The Tulip Inn Hangar and the Soft Inn Hangar
Open in the Hangar Hotel Complex


SAO PAULO, Sept. 24, 2012-- BHG S.A. - Brazil Hospitality Group (BM&FBovespa: BHGR3; OTC: BZHGY ) Hangar Hotel Complex begins its operations. Composed of Tulip Inn Hangar and Soft Inn Hangar, it is the largest project in the state, with 405 rooms. The innovative project was designed by Liberty Incorporadora, managed by the holding company MB Capital located in Para to serve Para capital's large events public.

Located at Avenida Duque de Caxias, on the corner of Travessa Alferes Costa, the Hangar Hotel Complex is strategically positioned, near to Hangar Convention Center and Amazon Fairs, and the Belem International Airport.

"In December 2010 we announced the beginning of operations of BHG in Northern Region, given the announced large public and private investments in the state, which increases demand for corporate tourism in the region," highlights Pieter J. F. Van Voorst Vader, CEO of BHG.

Soft Inn Hangar has 273 low-cost rooms. Tulip Inn Hangar has 132 rooms and was planned to meet more demanding executives' needs. The complex has two event rooms, swimming pools, international-standard restaurant and fitness center.

About BHG:

BHG S.A. – Brazil Hospitality Group, the country's third largest hotel chain, is the first Brazilian company to operate in the real estate segment specializing in business tourism hotels, with owned and managed hotels in the 3-, 4- and 5-star categories.

The exclusive contract with Golden Tulip Hospitality Group in South America allows it to use the Royal Tulip (5-star), Golden Tulip (4-star) and Tulip Inn (3-star) brands. BHG also has the Soft Inn brand, used for limited-service 2-star hotels, which offer an attractive cost-benefit ratio for corporate tourism.

BHG is a publicly-held company with shares traded on the Novo Mercado segment of the BM&FBovespa under the ticker BHGR3, and a Level I ADR program for trading its shares on the over-the-counter (OTC) market in New York, United States, under the ticker BZHGY. In September 2012, BHG announced the beginning of a Fundo de Investimento em Participacoes (FIP) [Private Equity Fund], with the purpose of investing in the development of greenfield real estate projects in the domestic hotel sector, in the midscale category. The development of greenfield hotels will be one of the key growth drivers for BHG in the coming years.


Contact:

BHG S.A. – Brazil Hospitality Group
Fernanda Pannunzio
fpannunzio@bhg.net
55 11.3577.2302 / 55 11.9668.7249


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Also See: BHG, Brazil Hospitality Group, to Manage the 140-room Tulip Inn Hotel Under Development in Campos de Goytacazes, Rio de Janeiro, Brazil / July 2012

BHG, Brazil Hospitality Group to Manage the 418-suite Royal Tulip Rio de Janeiro in Brazil Formerly the Intercontinental / October 2011

Louvre Hotels Group Strengthens its Presence in France and Internationally with the Opening of 42 New Hotels in 2011 / September 2011

The Golden Tulip Warsaw in Poland Undergoing Renovation of Public Spaces to be Completed in September 2011 / August 2011

Louvre Hotels Group Continues Development of Golden Tulip and Tulip Inn With the Brand Transition of Three Fully-Owned Hotels / June 2011

Louvre Hotels and Golden Tulip Launch New Entity, Louvre Hotels Group, with a Portfolio of 7 Distinctive Brands with over 1,000 Hotels in 40 Countries / April 2011

Brazil Hospitality Group Acquires Brascan Imobiliaria Hotelaria e Turismo S.A., Sole Owner of the Hotel Intercontinental in Rio de Janeiro: Ends Year with 38 Hotels in Portfolio with Plans to Add 1,500 Rooms During 2011 / December 2010

Starwood Capital Acquiring Golden Tulip Hospitality; the Golden Tulip Brands to be Integrated with Starwood Capital's Budget Hotel Division - Louvre Hotels / June 2009

Starwood Capital Group Acquiring Controlling Interest in Groupe Taittinger, Societe Du Louvre, Europe's Second Largest Hotel Network / July 2005
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