Crestline Hotels & Resorts Appointed by Trinity Hotel Investors, LLC,
to Manage Two Crowne Plaza Hotels
September 13, 2006 - Crestline Hotels & Resorts, Inc. today announced its appointment by New York based Trinity Hotel Investors, LLC as the new management company for two Crowne Plaza Hotels; The Crowne Plaza Hotel Englewood, NJ, and The Crowne Plaza Hotel Williamsburg, VA. The 194 guestroom Crowne Plaza Englewood, NJ recently completed a renovation and features 6,588 square feet of meeting space. The hotel is conveniently located in suburban NJ, only 15 miles from Manhattan and seven miles from the Meadowlands. The Crowne Plaza Williamsburg, VA offers 303 renovated guest rooms and 17,505 square feet of expansive meeting space. The hotel enjoys a resort-like location and amenities, and is only one-half mile from Colonial Williamsburg.
"We are pleased that Trinity Hotel Investors has once again selected Crestline Hotels & Resorts to manage some of its newest properties," said Dave Durbin, President & CEO of Crestline Hotels & Resorts. "Earlier this year we were engaged by Trinity to manage two hotels that they acquired in St. Paul, MN. We believe that Crestline and Trinity are like-minded organizations with a passion for running first-class hotels and maximizing investments through excellent guest service and well run operations," added Durbin.
"We are pleased to have this opportunity to further our relationship with Crestline," said Brian Patrick Martin, a Trinity principal. "We believe that with the aid of additional capital improvements, Crestline's management and our asset management, these hotels will provide guests with a compelling lodging option in these markets," he added.
The Crowne Plaza Englewood, NJ
The recently renovated Crowne Plaza Englewood, NJ is an upscale hotel and meetings facility. Its 194 guestrooms and suites are well-appointed for business and leisure travelers. The hotel's 6,588 square feet of meeting space can accommodate groups of up to 275 people. Each guestroom includes amenities such as the Crowne Plaza Sleep Advantage bedding, complimentary morning newspaper, an in-room coffee maker, high speed Internet access, as well as an office-style desk and chair. The hotel also offers an indoor swimming pool and whirlpool. For dining, Carlyle's Restaurant serves a fine selection of American cuisine for breakfast, lunch and dinner. Room service is also available.
The Crown Plaza Englewood is conveniently located at 401 South Van Brunt Street in Englewood, NJ, off of Route 4. The hotel is about 15 miles from Manhattan and the NY Convention Center. It is also a short drive to the Meadowlands and Giant Stadium, as well as to Yankee Stadium and other New York attractions. It is accessed from Newark International Airport, LaGuardia Airport or Kennedy International Airport via shuttle service and taxis. Both valet and self-parking are available. Upscale shopping is located just two miles from the hotel. For more information and reservations, visit online at http://www.ichhotelsgroup.com/ or call 201-871-2020.
The Crowne Plaza Williamsburg, VA
Located only a half mile from historic Colonial Williamsburg, this resort- like hotel is perfect for leisure or business travelers. Its 303 recently renovated guest rooms and suites are complemented by 17,505 square feet of meeting and conference space that can accommodate receptions of up to 700 people. In addition to its proximity to Colonial Williamsburg, the hotel is close to the Busch Gardens Theme Park, the Jamestown Settlement, the College of William and Mary, as well as outlet mall shopping.
Visitors will find handsomely appointed and spacious guestrooms with Crowne Plaza Sleep Advantage bedding, as well as high speed Internet access, a business desk, a coffee maker and a complimentary morning newspaper. Additional hotel amenities include a health and fitness center with a sauna and whirlpool, indoor and outdoor swimming pools, and wireless data connection in the hotel's public spaces. For dining, guests may enjoy the Veranda Dining Room for breakfast, lunch or dinner, as well as J.B.'s Lounge for cocktails and light snacks. Room service is also available.
The hotel is located at 6945 Pocahontas Trail in Williamsburg. It is 18 miles from the Newport News/Williamsburg International Airport; 45 miles from both the Richmond and Norfolk International Airports; and can be accessed via AMTRAK. The hotel also offers complimentary parking. For more information and reservations, visit online at: http://www.ichotelsgroup.com/ or call 757- 220-2050.
About the Companies:
Trinity (http://www.trinityhotels.com/) is a New York-based real estate investment company focusing on global hotel and resort investments. The principals of Trinity have consummated over USD 8.5 billion in global real estate investments. Past and present investments include: the Boca Raton Resort & Club, Boca Raton, FL; the Four Seasons Resort Santa Barbara, Santa Barbara, CA; the Kea Lani Resort and Villas, Maui, HI; Miraval Resort & Spa, Tucson, AZ; L'Auberge de Sedona, Sedona, AZ; and properties in the former Rafael Hotel Group, including the Mark Hotel, NY; the Hotel du Rhone, Geneva; the Hotel Munich; and the Turnberry Isle Resort, Aventura, FL.
Crestline Hotels & Resorts, Inc. is one of the nation's largest independent hospitality management companies. Founded in 2000, the Company presently manages 43 hotels, resorts and conference and convention centers with over 10,400 rooms in 12 states and the District of Columbia. Crestline Hotels & Resorts manages properties independently and under such well regarded brands as Marriott, Hilton, Westin, Renaissance, Sheraton, Crowne Plaza and Wyndham. Additional information about the hotel management company is available at the company's web site: http://www.crestlinehotels.com/.
Note: Certain matters discussed herein are forward-looking statements within the meaning of the Private Litigation Reform Act of 1995. Certain, but not necessarily all, of such statements can be identified by the use of forward-looking terminology, such as "believes," "expects," "may," "will," "should," "estimates" or "anticipates" or the negative thereof or comparable terminology.
Gayle MacIntyre of Global Ink Communications,
for Crestline Hotels & Resorts, Inc.