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to Manage Five East Coast Hotels |
| MERRILLVILLE, Ind., Aug. 24, 2005 - White Lodging Services, a
rapidly
growing hotel ownership, development and operating company, was
recently
awarded the management contract for five premium branded select service
and extended stay hotels on the east coast from Apple REIT Six, Inc.
Each
of these hotels will be owned by Apple REIT Six, Inc. of Richmond, VA
and
managed by White Lodging Services of Merrillville, IN.
The multi-property agreement stems from an initial partnering of the two companies on the Boulder, CO Marriott, which Apple acquired in early May, and White Lodging has successfully managed since inception. Apple elected to retain White Lodging for management of the award winning Boulder Marriott, and subsequently have signed them to manage the five additional, newly-constructed properties in their portfolio. "The addition of these five hotels to our managed portfolio gives us an immediate presence in the northeast and supports our strategy of operating premium branded hotels in high barrier to entry markets," stated President & COO of Development and Asset Management, Deno Yiankes. The five newly constructed hotels are all scheduled to open by September 1, 2005:
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| Contact:
White Lodging Services
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