Davidson Names Stephen Kilroy Director of F&B

Kristi Goodrum Director of Reporting & Compliance

. October 14, 2008

SEPTEMBER 6, 2006. Davidson Hotel Company today announced that the company has added bench strength to its operating team by naming Stephen Kilroy as director of food & beverage and Kristi Goodrum, director of reporting & compliance.

"As we continue to expand our hotel management portfolio, it becomes increasingly important to enhance the depth of our operating team," said John A. Belden, Davidson's president and chief executive officer. "With nearly 35 years of experience between the two of them, both Kristi and Stephen bring proven skillsets that will help improve our internal and property operations."

Prior to joining Davidson, Kilroy was manager of the 293-room Wyndham Andover Hotel in Massachusettes. He has held a number of management and F&B- specific positions of increasing scope and responsibility within the hospitality industry, including corporate director of operations for Shula's Steak Houses, LLC, and corporate director of food & beverage operations for Wyndham Hotels & Resorts. Kilroy received his degree in Culinary Arts and Food Service Management from Johnson & Wales University.

"Stephen has handled all aspects of F&B operations, from executive chef to F&B oversight of the entire Wyndham chain," Belden noted. "His experience level makes him a perfect choice to lead Davidson's F&B operations division."

Goodrum brings with her nearly a decade's worth of professional accounting/financial management experience. She previously was audit manager with Memphis, Tenn.-based Rhea & Ivy, PLC, Certified Public Accountants and business advisors. Goodrum received her Master of Accountancy from The University of Tennessee at Martin. Additionally, she is a Certified Public Accountant (CPA).

"Kristi has demonstrated a strong understanding of the intricacies of our internal reporting and compliance systems," added Belden. "With her experience level, we believe she will be a valuable financial resource for Davidson as we continue to grow."

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