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Gary Endicott Named Executive VP and CFO 
at Leisure Hotels Group
 
HUTCHINSON, KS - March 22, 1999 - Gary S. Endicott has joined in the ownership of the Leisure Hotels Group of Companies where he will also serve as Executive Vice-President and CFO. Beginning in 1987, Endicott began advising the principals of Leisure Hotel Corporation and has structured numerous developments and acquisitions for the company over the past decade. Endicottts primary role will be to oversee Leisure's financial operations and assist Steve Olson, CEO, in the strategic direction of the company.

Endicott most recently served as Managing Partner in the Wichita, Kansas office of Ernst & Young, LLP. Previously, Endicott served in Ernst & Young's National Tax practice in Washington, D.C. where he specialized in the areas of finance and taxation, structured transactions, and worked actively in the real estate specialty group of Ernst and Young(Kenneth Leventhal. Endicott has served a variety of real estate companies around the world from locations in Washington, D.C., Houston, and Moscow Russia.

When asked why he would leave a prestigious position with Ernst & Young, Endicott stated, 'the talent and growth opportunity within Leisure is the greatest I've seen from the numerous companies I've served. This marriage will allow me to fulfill many personal goals and help Leisure as they expand across the country." Endicott has served a variety of public REITs and structured numerous business ventures for hoteliers and real estate developers around the country.

The Hutchinson, Kansas based Leisure Hotels Group of Companies specializes in the development, management and brokerage of hotels in the limited-, suite-, extended stay-, and full-service market segments of the lodging industry. The company currently operates 14 hotels in Kansas and Missouri with additional hotels under development in New Mexico, Iowa, and South Carolina.

The company was named among the top 100 owners/developers in the nation in the September 7, 1998 issue of Hotel Business and was ranked as one of the nation's top 100 hotel owners/developers in the 1999 annual edition of "The Green Book." Earlier, Leisure Hotels Group of Companies was also named one of the top 60 hotel/management firms in the U.S. by Real Estate Forum in its "Directory of Top Hotel Management Firms."

Leisure Real Estate Advisors, L.L.C., the real estate division of the Leisure Hotels Group, also was ranked among the top 100 hotel brokers in the nation in a recent issue of Hotel Business.

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Contact:
Steven C. Olson 
CEO/President 
Leisure Hotels Group of Companies 
(316) 663-9800 ext 107 
website: www.leisure-hotel.com e-mail: [email protected]
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Also See: Leisure Hotels Group of Companies Ranked Among the Nation's Top 100 Hotel Owners / Developers / Oct 1998 

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