Homewood Suites Appoints GM in Frisco, TX

Vlad Gritsman Appointed General Manager

. October 14, 2008

FRISCO, Tx., December 10, 2007. Homewood Suites by Hilton(R) today announced that Vlad Gritsman has been appointed General Manager of the new Homewood Suites by Hilton(R) hotel located at 3240 Parkwood Boulevard. The 117-suite hotel, currently under construction, is scheduled to open in late December 2007. This hotel is owned and managed by locally based Magnolia Lodging LLC.

As General Manager, Gritsman will direct all areas of the hotel's operations, including guest services, sales and marketing efforts and hotel administration.

"Based on Vlad's outstanding record in hotel management, we are confident that he will be instrumental in ensuring the success of this new Homewood Suites by Hilton(R) hotel," said Michael Buta, Vice President of Operations for Magnolia Lodging. "Vlad will be a strong asset to this new property as we gear up for its opening."

Prior to joining the Homewood Suites by Hilton(R), Dallas/Frisco, Gritsman has had previous experience working with the Homewood Suites by Hilton(R) brand. Gritsman's educational background includes training at the New York Food & Hotel Management School.

When completed, the new Homewood Suites by Hilton(R) Frisco will provide guests with a full complement of services and amenities including artwork from local Texas artisans, a private landscaped courtyard with a sparkling free form pool and heated spa, outdoor fitness area and a spacious indoor fitness facility equipped by Precor(R).

Based in Carrollton, Tx., Magnolia Lodging develops, builds and manages a variety of award-winning, nationally recognized hotels under the Hilton and Marriott brands. Magnolia Lodging's upscale hotels provide exceptional service and accommodations for travelers to the North Dallas and Houston areas. For additional information, please visit the company's website at www.magnolialodging.com.

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