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The Rihga Royal Now Operating as an Independent Hotel, 
Ends Affiliation with the J.W. Marriott Hotel Brand

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NEW YORK, June 20, 2005 - The Rihga Royal began operating as an independent hotel on Saturday, June 18, 2005, having concluded its affiliation with the J.W. Marriott Hotel Company on June 17.  The move to independent operation is the hotel's first step toward redefining New York's new, luxury all-suite market and establishing the hotel's position as a cornerstone of excellence in that market.

The Rihga Royal was recently acquired by affiliates of Blackstone Real Estate Advisors.  Blackstone and its affiliates have a history of significantly reinvesting in their assets and dramatically improving services and facilities and the same is anticipated for the Rihga Royal.

Manhattan's premier luxury all-suite hotel, the sleek 54-story Rihga is located in the heart of midtown's Theatre District and just steps from New York City's business and shopping districts, Central Park, Carnegie Hall and Broadway Theatres.  The hotel offers guests 505 spacious suites with such in-room amenities as personal training, massage services and exercise accessories.

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Contact:

The Rihga Royal
Web Site: http://www.RihgaRoyal.com

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Also See: Thayer Lodging Group Closes $135 Million in Financing for Purchase of RIHGA Royal Hotel New York; Plans to re-brand as a JW Marriott / Mar 2001
New York City Hotel Guests Cast Votes for the Best of the City's Lodging Establishments / Sept 2001


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