Stonebridge Companies to Manage Two Holiday Inn Brands at Denver Airport

. August 28, 2010

Denver, CO - August 25, 2010 - Stonebridge Companies, a progressive hospitality management company based in Englewood, Colorado, has been selected by Stoneridge Capital Partners, a private real estate investment company based in Newport Beach, California to manage their newly acquired Holiday Inn Hotel & Suites Denver Airport and the Holiday Inn Express Hotel & Suites Denver Airport. Both hotels, built in 2009, are located on Tower Road at Denver International Airport (DIA). They provide convenient and easy access to this major transportation hub and the myriad attractions and businesses in the region, making them an ideal place for both business and leisure guests to stay while departing for, or returning from, a business or leisure trip.

This is the first transaction between Stonebridge Companies and Stoneridge Capital Partners. "We are thrilled to oversee operations for these two new hotels at Denver International Airport and excited about our new relationship with Stoneridge Capital Partners," says Kevin Mahoney, Chief Operating Officer of Stonebridge Companies. "These particular Holiday Inn and Holiday Inn Express facilities are extremely well-designed and contemporary - not the Holiday Inn brand that your parents remember. They have fully incorporated Holiday Inn's redesigned brand identity and represent some of the best hotels in the marketplace.” Holiday Inn is one of the world's most recognized hotel franchises with a global reputation for service, comfort and value.

Holiday Inn Express® Hotel & Suites Denver Airport hotel's location near I-70, E-470 and I-25 provides convenient access to south metropolitan Denver and Colorado Springs, and provides a free daily airport shuttle service for guests. An on-site car rental service is also available. Corporate travelers benefit from the 24-hour Business Center with fax, copy, print and e-mail capabilities. The hotel has 139 rooms and suites and a well-equipped boardroom which can accommodate 15 guests for business meetings or seminars. Leisure travelers can enjoy Denver attractions Coors Field and the Colorado Rockies baseball team, Denver Broncos and Mile High Stadium, the Colorado Avalanche hockey team, the Pepsi Center and the Denver Zoo. Other area attractions include Red Rocks Amphitheater and the Denver Art Museum.

The second Holiday Inn property, The Holiday Inn® Hotel & Suites Denver Airport, offers the same convenient access to I-25, I-70 and E-470. Corporate travelers in need of a hotel near the airport enjoy the proximity to an array of businesses and organizations including Lockheed, Raytheon, BAE, Buckley Air Force Base and University of Colorado Medical Complex. With 161 rooms and suites, spacious event facilities, a 24-hour business center and a 24-hour complimentary shuttle running to and from the Denver airport several times a day, the Holiday Inn® Hotel & Suites Denver Airport offers unparalleled conveniences that cater to business travel needs with these amenities: free high-speed Internet access available throughout the hotel, 6,000 square feet of meeting space to host up to 450 guests, The Sporting News Grill in-house restaurant, a fitness center, indoor pool and whirlpool, and car rental service.

Holiday Inn Express Denver Airport
6910 Tower Road
Denver, CO 80249
303-373-4100
www.hiexpress.com/hotels/us/en/denver/dentr/hoteldetail

Holiday Inn Hotel & Suites Denver Airport
6900 Tower Road
Denver, CO 80249
303-574-1300
www.holidayinn.com/hotels/us/en/denver/denmf/hoteldetail

About Stonebridge Companies
Founded in 1991 by Navin C. Dimond, Stonebridge Companies is a privately owned, innovative hotel management company headquartered near Denver, Colorado, which has developed over 60 hotels and operated more than 75 lodging properties. Currently, Stonebridge Companies operates nearly 40 hotels comprising approximately 6,000 guest rooms in Alaska, Arizona, California, Colorado, Nevada, Utah, Virginia and Washington. The diverse portfolio includes select service, extended stay, mid-scale and full service hotels in primary and secondary markets.

For detailed information, visit www.StonebridgeCompanies.com

Media Contact Information:
Steve Battis
Vice President, Sales & Marketing - Select Service Hotels
Stonebridge Companies
9100 East Panorama Drive, Suite 300
Englewood, CO 80112
303.785.3119

[email protected]

About Stoneridge Capital Partners
Stoneridge Capital Partners is a Newport Beach, California based private real estate investment company. The company is actively seeking direct acquisitions of hotels, retail centers, office buildings, and multi-family properties in major markets throughout the Western U.S. to add to its growing portfolio of investment properties. Funded internally, Stoneridge has the agility and flexibility to close quickly on an all-cash basis. Additional information on Stoneridge is available at www.stoneridgecp.com

Business Contact:

Steve Battis
T: 303.785.3119
E: [email protected]

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