StepStone Hospitality Assumes Management of the 191-room Hotel Indigo Boston-Newton Riverside

. September 20, 2013

NEWTON, MA - September 20, 2013 - StepStone Hospitality today announced that the company has taken over management of Hotel Indigo Boston-Newton Riverside, adding the boutique hotel to its rapidly growing portfolio of managed properties. Hotel Indigo is the eighth hotel to join the StepStone managed portfolio during the past year, bringing the total number of managed properties to 12 hotels in six states.

"This hotel is an outstanding addition for us," said Thomas Russo, StepStone Hospitality chairman and CEO. "The Indigo features affordable and sustainable luxury for discriminating travelers in an oasis of style and sophistication. It's a great fit in our expanding portfolio."

With an invigorating blend of contemporary design and traditional hotel luxuries, the 191-room Hotel Indigo Boston-Newton Riverside is located just 10 minutes from downtown Boston and 12 miles from Logan International Airport. Interior designs change to reflect the season, giving even frequent quests a unique experience during each visit. An array of eco-friendly initiatives enable guests to have a positive impact on the environment simply by enjoying their stay in this comfortable, green hotel.

"This is a truly distinctive property," explained Blair Wills, StepStone Hospitality president and chief operating officer. "Travelers don't have to choose between enjoying a luxury hotel stay and having concerns about their impact on the environment. With Hotel Indigo, guests experience a combination of sophisticated, personalized service and eco-friendly initiatives."

In-room amenities include 32-inch flat-screen, high-definition televisions with satellite and in-room movies; complimentary wired and wireless high-speed Internet; in-room safes; and MP3 docking stations. Guests also enjoy elegant platform beds with luxurious bedding, hardwood floors and area rugs, desks with ergonomic seating and spa showers with Aveda products. The hotel offers special event space for groups from five to 150 people, a state-of-the-art lifestyle "phi.tness center," a seasonal outdoor pool and a business center. Dining options are provided by BOKX 109 American Prime, a modern American steakhouse.

To learn more about Hotel Indigo Boston-Newton Riverside, visit www.newtonboutiquehotel.com

About StepStone Hospitality

Founded in 2007, StepStone Hospitality specializes in management for hotel and restaurant operations. The company provides a unique combination of strong, hands-on operations, world-class strategic asset management, and food and beverage expertise, maintaining a balanced focus between revenue enhancement, margin expansion and guest satisfaction. Details are available at www.stepstonehospitality.com.

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