Moonstone to Manage Third Monterey Property

. October 14, 2008

PACIFIC GROVE, CA, May 04, 2006. - Moonstone Hotel Properties will now manage the Deer Haven Inn here, a move that expands the company's presence on the Monterey Peninsula.

The property, owned by Ly Truong, becomes Moonstone's third interest on the peninsula. The company purchased the historic Carmel River Inn in 2003 and the historic Monterey Hotel in 1999. Renovations and expansions for both of these properties are currently in the planning and approval stages.

The 51-room Deer Haven Inn, formerly the Larchwood Inn, is situated near the entrance to Asilomar State Park and Beach.

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