Mr. Molitor brings 12 years of hotel management experience to his new position. Most recently, Mr.
Molitor was General Manager of the Holiday Inn Select in Cleveland, OH, which is also owned and
operated by Impac.

The six-story Marriott Hotel will be designed for maximum convenience to business travelers with all guest rooms featuring Marriott's innovative "The Room That Works" concept. Each guest room will be equipped with 2-line phones for computer hook-ups and desks and lighting specially designed to be effective work areas. 

The Marriott Hotel will over 9,000 square feet of meeting space including a 3,400-square-foot ballroom, and each meeting room will contain the latest in telecommunications and audiovisual capabilities. The hotel also will have a business center, a concierge-style lounge, room service, and a fitness center with exercise equipment, indoor pool and whirlpool. Additionally, the new Marriott Hotel will feature Allie's American Grille, a full-service restaurant that will be operated by Impac as well.

Impac currently is hiring associates for the new Marriott Hotel. Those people interested in employment should call the hotel at 303/371-4333.

Impac Hotel Group, L.L.C., is a privately held hotel development and management company which
owns and operates 51 hotels in 23 states. Brands represented in the Impac portfolio are: Courtyard by Marriott, Holiday Inn, Fairfield Inn by Marriott, Crowne Plaza, Doubletree, Holiday Inn Select,
Radisson, Holiday Inn SunSpree Resort, Comfort Suites, Holiday Inn Express, and several upscale
independent hotels. Impac also has multiple Residence Inns by Marriott and full-service Marriott hotel projects currently under development throughout the U.S. 

Impac added more than 3,000 guest rooms to its portfolio in 1996, making it the seventh fastest
growing hotel management company, according to Hotels magazine's "Management 100" list. Lodging Hospitality magazine also ranked Impac 23rd in total guest rooms among hotel management companies in its August 1997 issue.