Second Upscale Value Hotel Worldwide to be Built in South Korea

Projected opening December 2013

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. June 28, 2013

CLEVELAND - June 28, 2013 - Just two months ago, Value Hotel Worldwide announced it was developing the first upscale hotel and the largest of any kind in the newly created city of Sejong, South Korea. Today, it announced a second development of a new-construction, high-end Value Hotel Worldwide in the city of Suwon, located just 22 miles south of Seoul.

A highly industrialized business area, Suwon is the headquarters of Samsung Electronics, as well as many other large corporations and manufacturers. The Value Hotel Worldwide, located just steps away from Samsung's doors, will cater to both domestic and international business travelers.

The 20-floor, 300-room hotel includes five floors of underground parking, shops, offices, restaurants, and lounges. Amenities include an exercise room/spa, meeting space, banquet facilities, Wi-Fi in guest rooms and public areas and the latest technology. This new construction hotel is expected to open in December of this year.

Last December, Vantage Hospitality Group, Inc., the 8th largest hotel company worldwide, announced that it had entered into a master license agreement with Service Legend Inc., to introduce the Value Inn Worldwide and Value Hotel Worldwide brands to South Korea. And that agreement is clearly producing tremendous results.

According to Joon Park, the CEO of Service Legend and a principal of the master licensee for AHLEI in South Korea, there is a very strong need for upscale lodging throughout South Korea. “Business and manufacturing within South Korea continue to grow exponentially and the need for superior, upscale lodging, especially for our international business travelers, has never been stronger. Value Hotel Worldwide is the perfect fit for this quickly emerging and expanding niche.”

The hallmark of Value Hotels and Value Inns is superior staff training and personalized service. Through the American Hotel & Lodging Educational Institute (AHLEI), each staff member will undergo extensive cross-training and certification.

“There is such a great need for world-class lodging in many of the major cities of South Korea, and this development clearly meets that need,” said Bill Hanley, managing director of international development for Vantage Hospitality. “Vantage's affiliation with Joon Park and Service Legend has allowed us to bring our global resources and strong distribution channels to South Korea. By providing hotel owners throughout the world with a recognizable brand and the best distribution technology available, we have been able to make the world a smaller, more accessible place to do business.”

For more information about Vantage Hospitality Group and its brands, please visit VantageHospitality.com or call 888-316-2378.

About Vantage Hospitality Group, Inc.
Headquartered in Coral Springs, Florida, Vantage Hospitality Group is the 8th largest hotel company worldwide with over 1,000 hotels independently owned and operated, and the only hotel company to be ranked on the 2006, 2007, 2008, 2009, 2010, 2011 and 2012 Inc. 500/5000 List of America's Fastest-Growing Private Companies. Hotel owners worldwide have embraced Vantage's innovative brand affiliation that offers members low, flat fees; short-term agreements; and a voice and a vote in each brand's direction while providing the most comprehensive resources in the lodging industry. Vantage Hospitality's first hotel brand, Americas Best Value Inn, is a leader in the limited-service segment (including Value Inn Worldwide and Canadas Best Value Inn) throughout North America and has been recognized by the lodging industry as the fastest-growing chain over the past decade. The company recently added the Value Inn and Value Hotel Worldwide segments, created specifically to fill a void in the international market. Vantage continues to grow with the Lexington Inn and Lexington Hotel brands (Vantage's midscale to upscale brands) and through affiliations with Vantage Hotel Management (management and operations covering all brands and independent properties), Vantage Insurance Services (a full-service insurance agency specializing in insurance for the hospitality industry), and Brown Nester Hospitality Services (offering comprehensive hotel brokerage and related services). Visit www.JoinABVI.com, www.JoinLexington.com, www.VantageHospitality.com, www.VantageHotelManagement.com, www.VantageInsuranceServices.com or www.BrownNester.com for more information.