Under the agreement, Lexington will provide centrally hosted reservations technology, support, and exposure through the Global Distribution Systems and Internet Distribution Systems via Lexington's extensive and expanding Online Distribution Network. Palazzo Versace will manage all of their major distribution channels through Lexington's exclusive web-enabled product, LexLink(R) Online.

Palazzo Versace plans to strengthen its visibility among international travel agents and to build brand awareness worldwide.  After careful review of several reservation service providers, Palazzo Versace selected Lexington Services for their highly integrated and cost effective solutions and their capability to capture bookings through the Internet, which is an important part of their worldwide marketing strategy.

Shawn Heaton, President of Lexington Services, stated, "We are delighted to welcome Palazzo Versace. The availability of such an prestigious hotel through our representation service will be of enormous mutual benefit and will significantly enhance the quantity, style and range of accommodation that we can offer across Australia and the world."

Located on Australia's famed Gold Coast, Palazzo Versace features 205 luxurious rooms, 72 neighboring condominiums, and a private marina.  The hotel's exterior, interior, furnishings and accessories were designed by Versace, specifically for the hotel.

About Lexington Services
Lexington Services is the largest provider of reservations and centrally hosted technology services to hotels in North America.  Lexington capitalizes on the power of the travel agent global distribution systems (GDS), Internet travel portals, marketing alliances and its own call center strengths to manage and process hotel reservations electronically. Servicing more than 3,500 hotels, encompassing 28 brands in 81 countries worldwide, Lexington has corporate offices in Dallas/Las Colinas, Miami, Indianapolis, and London, and has development representative offices in Germany, the United Kingdom, Mexico, Australia, France, Spain and Italy. More information about Lexington Services is available at www.lexres.com.