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Chesapeake Hospitality Adds the 189-room Crowne Plaza Wilmington
North in Delaware to its Management Portfolio

GREENBELT, Md., Feb. 23, 2012 -- Chesapeake Hospitality, one of the country's fastest growing third-party hotel management companies, has transitioned management of the Claymont, Del.-based Crowne Plaza Wilmington North hotel to its growing full-service management portfolio. Kim Sims, president of Chesapeake Hospitality, made the announcement.

Formerly the Holiday Inn Select Wilmington/Brandywine, the Crowne Plaza Wilmington North has undergone an impressive $8 million renovation. As a result of this renovation, the only Crowne Plaza property in Delaware, now offers guests 189 oversized, completely renovated guest rooms, all featuring Crowne Plaza's Sleep Advantage, which offers guests luxurious bedding, soft pillows and other selected amenities designed to ensure a great night's sleep. In addition to the extensive room renovations, the hotel features a new exterior and 12,000 square feet of updated meeting space.

"We are looking forward to putting our skills, experience and proven processes in all areas of hotel management to work immediately," said Sims. "Our number one goal is ensure that this one-of-a-kind property offers each guest the most memorable experience possible."

Owned by China-based Minmetals, Inc., the addition of this property to the company's portfolio continues Chesapeake Hospitality's impressive growth story. The company offers a full range of management services, including: operations, revenue management, asset management and development, and has an outstanding proven track record of successful operations in all phases of the hotel economic cycle.

"We trusted Chesapeake Hospitality's deep experience and track record of success when determining our management partner at the Crowne Plaza Wilmington North," said Andrew D.J. Liu, president of Minmetals, Inc. "Due to their streamlined processes for delivering both financial success and unmatched guest experiences, it was clear they were the right choice to manage this outstanding property that serves travelers visiting the Wilmington area for both business and pleasure."

The Crowne Plaza Wilmington North is located in the heart of Brandywine Valley and directly off Interstate 95 across from the Pennsylvania state line, in close proximity to some of the area's top corporations and visitor attractions. The hotel offers complimentary wireless Internet and two executive floors with a private lounge, a 24-hour fitness center, business center and an outdoor pool. Embers Restaurant features breakfast, lunch, dinner, room service, and nightly happy hour.

About Chesapeake Hospitality
Headquartered in Greenbelt, Md., just outside of Washington, D.C., Chesapeake Hospitality is a mid-sized, third-party hotel management company with a proven track record in both full- and select-service hotels. Ranked in the top 50 largest independent operators, the company manages properties under the Hilton, Starwood and InterContinental Hotel Group brand families. For additional information, visit the company's website:

Chesapeake Hospitality

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Also See: Chesapeake Hospitality Selected to Manage the Newly Converted Doubletree by Hilton Raleigh Brownstone University Adjacent to North Carolina State University, Owned by MHI Hospitality Corporation / December 2011

Chesapeake Hospitality to Manage 175-room Holiday Inn Columbia in Columbia Maryland / July 2011

Chesapeake Hospitality Signs Agreement to Manage Hackerman-Patz House on the St. Joseph Medical Center Campus in Towson, Maryland / April 2011

Chesapeake Hospitality Appoints Bill Stock as General Manager of 199-room Holiday Inn Palm Beach Airport Conference Center in West Palm Beach, Florida / March 2011

Chesapeake Hospitality Signs Agreement to Manage Holiday Inn Palm Beach Airport / February 2011

Chesapeake Hospitality to Manage Gateway Project, LLC's New Build, the 230-room Crowne Plaza Madison Gateway in Madison, Wisconsin / July 2010

Chesapeake Hospitality's Hotel General Managers Cautiously Optimistic Regarding Remainder of 2010; Survey at 19th Annual Chesapeake Hospitality Conference Offers Industry Outlook / July 2010

Joseph Smith Joins Chesapeake Hospitality as Executive Vice President, Responsible for Owner Relations and New Business Development / May 2010
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