July 15, 2002 New York, NY� Six months after its official launch, The CARINO Collection has come a long way led by President Joe Carino, The CARINO Collection has built a portfolio of more than 70 hotels, with six in New York City alone. To coincide with the celebration of its six-month anniversary, Carino announced today the opening of new offices in London, England, at 23 Berkeley Square W1J 6HE, London UK.

The Carino Collection is a full service sales and customer information company that helps hotels build business by connecting them to corporate, group and leisure business customers quickly, easily and cost-effectively.

Members of the Carino Collection enjoy corporate travel sales support, in addition to a proprietary database of client profile information that provides a revolutionary new resource for sales outreach. Members also benefit from the CARINO Collection�s consultation, sales support and database management services.

Carino said, �We�ve accomplished so much in six months. With six hotels in New York City and more to come, we will soon become the top provider of corporate and group sales support for independent hotels in Manhattan. We also expect our international portfolio to expand rapidly. Our new office in London will give us the support we need overseas to operate efficiently and provide direct in-market support to international properties such as The Landmark London in England.�

At the heart of the CARINO Collection�s services is SalesConnectTM,  a web-accessible database of corporate, leisure and group account information, available only to CARINO Collection members. It enables hotel sales professionals to maximize sales potential by gathering real-time, up-to-date contact and business profile information on existing and potential clients. For hotels that rely on corporate and consortia business, SalesConnectTM is linked to a variety of on-line RFP tools to facilitate on-line submission of completed proposals.

Carino explained, �SalesConnectTM allows us to provide a valuable service to hotels, especially independent hotels. It gives them a competitive edge by providing up-to-date contacts and leads for their sales staff. In this tough market, information such as this can allow a hotel sales department to be more responsive and effective. We are very pleased with the positive feedback from our clients.�                                  
                               
Additional personalized member services provided by the CARINO Collection include:

• Sales database management
• Global and regional sales office support
• Marketing support via cooperative marketing opportunities and negotiated packages to support key distribution partners
• Direct links to online-RFP tools
• Special CARINO Collection Rates at all member hotels
• Clearing, holding and reserving space for special accommodations
• Special Carino Concierge Desk to assist with special needs