• Hotel Indigo, located at 207 East Redwood Street, will convert the historic Keyser Building into Baltimore�s first of the recently introduced boutique hotel brand by InterContinental Hotels Group.  The hotel is scheduled to open during the second quarter of 2008.
• The Staybridge property will convert the historic Jefferson Building, one of Baltimore�s oldest office buildings, into the city�s newest extended-stay, all-suite hotel with a planned 2007 fourth quarter opening.  
• The Summerfield Suites by Hyatt-Fort Norfolk, currently under development, will be part of a multi-purpose complex that also includes retail space and medical offices.  It will feature contemporary suites with a 32" flat panel high-definition TV, the Hyatt Grand Bed� and a full kitchen. It is expected to open in 2008.
• The Hampton Inn Oceanfront will be located between 10th and 11th streets in Virginia Beach and will open in 2008.  It will be the city�s first Hampton on the beach.

Marshall noted that the Hotel Indigo, Staybridge Suites and Hyatt Summerfield Suites, all relatively new brands, will be the first in the company�s management portfolio. �We have managed more than 30 mid-market and upscale brands in our 27 year-history and look forward to bringing our proprietary systems to these emerging brands,� he said.

�We are seeing a great deal of activity across the country and expect a record year of growth in management contracts in 2007,� Marshall said.  �There are a significant number of owners who are seeing top-line revenue growth, but are not seeing corresponding growth in the bottom line.  As a result, a significant number of owners are seeking management companies that produce higher margins and profitability, especially as they anticipate a slowing in the economy.

Salisbury, Md.-based Marshall Management, founded in 1980, has special expertise in operating three- and four-star branded hotels and resorts, averaging 100 to 400 rooms, in urban and central business districts, suburban/drive-to and resort locations.  In addition, the company has a proven track record managing independent resort and unique urban properties.  The company has managed a wide array of leading hotel brands, including Hilton, Starwood, InterContinental Hotel Group, Hyatt, Choice and Wyndham.  Additional information about Marshall Management may be found at the company�s Web site: www.marshallhotels.com.

Rick Day
  Senior Vice President � Sales and Marketing
  Marshall Management, Inc.
  (410)749-8464
  [email protected]