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Eden Roc LLLP, the Owner of the Eden Roc Hotel in Miami, Florida
Issues Statement Concerning Property Management

MIAMI, Oct. 16, 2012-- Eden Roc LLLP, the owner of the Eden Roc Hotel, today issued the following statement:

With regard to the press release issued yesterday concerning the management of the Eden Roc hotel, Justice Schweitzer of the Supreme Court of the State of New York, County of New York issued a temporary restraining order today permitting Renaissance to continue to manage the hotel while the court considers the merits of the parties' arguments. While Eden Roc disagrees with the Court's order, it will abide by it pending further court order.
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Contact:

Todd Fogarty
Kekst and Company
todd-fogarty@kekst.com
917-992-1170 (cell)

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Also See: Eden Roc Management Company Assumes Management of the Historic 631-room Eden Roc Hotel in Miami, Florida; Completes Rebranding of the Former Eden Roc Renaissance Hotel as the Eden Roc Beach Resort & Spa / October 2012

Eden Roc Renaissance in Miami Beach, Florida Completes Four-year $230 Million Renovation and Expansion Project / October 2012
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