|MCLEAN, Va., March 26, 2007 - Crestline Hotels & Resorts today
announced the appointment of Edward Hoganson as Senior Vice President of
Development & Finance. Hoganson rejoins Crestline from Sunrise Senior
Living where he served as Senior Vice President of Finance and Acquisitions
for the past two years. Prior to that Hoganson was Vice President of Acquisitions
for Barcelo Crestline and then for Highland Hospitality Corporation (NYSE:
In his new position with Crestline, Hoganson will report directly to
Tom Baker, EVP and Chief Investment Officer. He will oversee the company's
assets, as well as lead the push to acquire new properties for management.
"Ed is a wonderful asset to the Crestline team and we are delighted
to have him back within our organization," said Baker. "He was instrumental
in the growth of our company from its merger with Barcelo Hotels &
Resorts to the creation of Highland Hospitality Corporation, an independent
REIT that was spun off from Barcelo Crestline. We know that his expertise
and management experience will be a tremendous asset as our company continues
its aggressive expansion," added Baker.
Hoganson has more than 15 years of financial and hospitality industry
management experience. He began his career with Deloitte & Touche and
then joined Marriott International where he held various finance positions
during a six year period, prior to joining what was then Crestline Capital.
Hoganson holds a Bachelor of Arts degree from Yale University, a Masters
of Arts in International Relations from the University of Pennsylvania,
and a Masters of Business from The Wharton School of Business. Mr. Hoganson
can be reached at Ed.Hoganson@crestlinehotels.com.
About the Company:
Crestline Hotels & Resorts, Inc. is one of the nation's largest
independent hospitality management companies. Founded in 2000, the Company
presently manages 52 hotels, resorts and conference and convention centers
with nearly 11,800 rooms in 14 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