GF Management Affiliate to Manage Radisson Resort Orlando-Celebration

. December 14, 2010

Kissimmee, FL - December 13, 2010 - GF Management, one of the nation's fastest growing hospitality management and development companies, announces that its affiliated company RACK Associates, LLC has been named manager of Kissimmee's well-known Radisson Resort Orlando-Celebration, effective Monday, December 13, 2010.

Contrary to recent media reports, the 718-room resort remains open and fully operational under the Radisson brand name with no disruption in rooms, food and beverage, or resort operations. Likewise, key staff positions remain unchanged. Ken Kochenour, Founder, President and CEO of GF Management, stated: “Based on the extensive experience of GF Management and its affiliates in overseeing major hotel and resort properties throughout the country, we are confident that the employees of the Radisson Resort will experience a smooth transition and that guests and patrons will notice only positive improvements in daily operations.”

Situated on 20 landscaped acres near Celebration, FL, the Radisson Resort Orlando-Celebration is located less than two miles from the Walt Disney World theme parks, and is conveniently close to world-class shopping, prestigious golf courses and movie theaters. Resort guests can enjoy casual dining at Mandolin's and classic American dining at the Mini Market and Diner, or catch a game in the Sports Lounge.

The focal point of the resort is its unparalleled pool facilities featuring a 40-foot waterslide that runs through a rocky grotto, including a free-formed pool with waterfalls and two whirlpools. Other resort amenities include tennis courts, sand volleyball courts, fitness center, business center and shuttle service to all nearby theme parks.

All existing reservations and deposits will continue to be honored. Guest inquiries should be directed to the hotel.

About GF Management
GF Management is an award-winning, full-service hospitality ownership, management and advisory company founded in 1988 and based in Center City Philadelphia. With approximately 110 hospitality assets under management, including hotels, resorts, conference centers, catering facilities, condominiums and golf courses in 27 states, GF Management, through affiliates, specializes in third-party management as well as receiverships, and asset management and advisory services for a variety of private, institutional and banking clients. GF's property portfolio also includes 14 hospitality assets which are owned by its principles. The Company is currently seeking to expand its portfolio of full-service ownership and management assignments through long-term contracts and joint-venture investment opportunities.

For more information about GF Management call 215-972-2222 or visit www.GFHotels.com.

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Business Contact:

Ashleigh Mason
T: 215-972-2257
E: [email protected]

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