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Ian Schrager Company Names Ana Nekhamkin Vice President
of Acquisitions and Development

NEW YORK--April 19, 2011
--Ian Schrager Company today announced the appointment of Ana Nekhamkin as Vice President of Acquisitions and Development. In her new role, Ms. Nekhamkin will be responsible for new business development at Ian Schrager Company, which owns, develops, manages and brands hotels, residential and mixed use projects. Ms. Nekhamkin will be based in New York City and report directly to Ian Schrager.

Prior to her role at Ian Schrager Company, Ms. Nekhamkin spent five years with Morgans Hotel Group where she held a variety of roles, most recently as Director of Development in London. In this position, Ms. Nekhamkin oversaw the company’s expansion efforts in Europe and the Middle East, most notably on projects in Turkey and Qatar. During her tenure, Ms. Nekhamkin also evaluated management and joint venture opportunities in the Americas and was actively involved in the company’s capital markets activities, restructuring initiatives and assets sales. Previously, she served as an analyst for Morgan Stanley’s Real Estate Group.

“We are committed to growing Ian Schrager Company and our two new hotel brands,” said Ian Schrager, Chairman and Chief Executive Officer. “Ana’s background in brand repositioning, acquisitions and development makes her a strong asset to the company.”

“I am thrilled to join Ian Schrager and his team as their reputation for successfully launching, acquiring and rebranding landmark properties is unrivaled,” said Ana Nekhamkin. “I look forward to bringing my background in business development to this new role where I hope to continue growing Ian Schrager Company’s portfolio.”

Ms. Nekhamkin is a Summa Cum Laude graduate from The Wharton School at the University of Pennsylvania where she received a Bachelor of Science in Economics with a concentration in Finance.

About Ian Schrager Company
Ian Schrager Company was founded and created by Ian Schrager. Ian Schrager invented the concept of the boutique hotel 27 years ago, and today, the company owns, develops, manages and brands hotels, residential and mixed use projects. It is currently involved in projects that are in various stages of development in New York as well as other gateway cities around the world. Ian Schrager devotes his time exclusively to Ian Schrager Company, the development of his two new hotel brands and partnership with Marriott’s EDITION Hotels.

Since the 70's, entrepreneur Ian Schrager, Chairman and Chief Executive Officer of Ian Schrager Company, has achieved international recognition for concepts that have revolutionized both the entertainment and hospitality industries. Ian Schrager Company was founded in 2005 and is based in New York City.

Nancy J. Friedman Public Relations
Jaclyn Letschert, 212-228-1500

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Also See: Ian Schrager Confirms Sale of His Interests in Gramercy Park Hotel; Plans to Create Two New Brands for His Private Hotel Company, SCHRAGER HOTELS / December 2010

The Waikiki Edition, Created by Ian Schrager in Partnership with Marriott, Opens in the Former Ilikai Yacht Harbor Tower / October 2010

Ian Schrager, Through a Partnership with Marriott, to Turn the Now Closed 12-story Seville Hotel in Miami Beach Into Marriott's Luxury Edition Brand / July 2010

First Properties for EDITION Hotels, the Ian Schrager and Marriott Collaboration, to be in Waikiki Beach and Istanbul / June 2010

Ian Schrager Completes Acquisition of the Ambassador East Hotel in Chicago; Wants to Restore the Grandeur of the Faded Gold Coast Landmark / April 2010

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