LodgeNet Names Thomas W. Storey as President of Hospitality

Former Fairmont Hotel Executive to Lead Renewed Focus on LodgeNet Customer Engagement

. April 08, 2013

SIOUX FALLS, SD - April 8, 2013 - LodgeNet Interactive Corporation, the leading provider of interactive media and connectivity services to hospitality and healthcare businesses and the consumers they serve, has named Thomas (Tom) W. Storey as President of Hospitality.

Mr. Storey, formerly Executive Vice President Business Strategy for Fairmont Raffles Hotels International (FRHI) and President of Fairmont Hotels & Resorts, will be responsible for leading all of the company's hospitality related strategic initiatives and operational activities.

“We are extremely fortunate to have Tom joining our team,” said Michael Ribero, LodgeNet CEO. “With nearly 30 years of industry experience in some of the most prestigious hospitality organizations in the world, he brings an impressive record of successful strategic leadership along with the perspective of a seasoned hotel veteran and the respect of his peers throughout the industry. This combination will be invaluable as we re‐focus our company to become a more flexible and responsive partner for our media and connectivity customers in the hospitality space.”

“I am honored to join the LodgeNet team and I look forward to the incredible opportunities the company has to reclaim its position of undisputed leadership in the hospitality industry,” said Storey. “The first step toward that goal will be to engage our customers more intensively, and I welcome the responsibility of leading that effort as we re‐commit our organization to actively listening to hoteliers and working with them toward solutions that will help them achieve their business objectives.”

Mr. Storey has served in various senior management roles over the course of his career, making significant contributions in the areas of business development, strategic planning, hotel technology and sales and marketing while working for Marriott Hotels, Carlson Companies, Promus Hotels Corporation and Doubletree Hotels, among others. Mr. Storey has been honored with a number of high‐profile awards including being named to the list of The Top 25 Industry Leaders for Business Travel News and Travel Agent magazine as well as appearing on the Marketing 100 list as awarded by Advertising Age magazine, among others.

LodgeNet was recently acquired by a syndicate of investors led by Colony Capital LLC, a global real estate investment firm and one of the largest investors in hospitality assets.

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