Preferred Hotels of the Southeast Debuts Frequent Flyer and Rental Car Offers for Meeting Profession

Meeting Room Revenue Nets Bonus Frequent Flyer Miles and Rental Car Perks at Eight Hotels and Resort

. October 14, 2008

CHICAGO, IL, August 28, 2006. Meeting professionals booking any of eight Preferred Hotel Group Hotels of the Southeast between now and June 30, 2007 will gain bonus miles applicable to any of 9 major airline mileage programs as well as extraordinary services from Avis car rental through an exclusive "Preferred Hotel Group Miles for your Meetings" Program. The benefit yields 10,000 miles for every $5,000 in room revenue, exclusive of tax and service charges.

Participating hotels and resorts are members of three of Preferred Hotel Group's four distinct brands: Preferred(R) Hotels & Resorts, Preferred Boutique and Summit Hotels & Resorts. Among them are AAA Four-Diamond Award winners Celebration Hotel and The Casa Monica Hotel both of which are recipients of Florida Trends' "Golden Spoon Award" for fine dining. In addition, The Mansion on Forsyth Park and TWELVE Hotel & Residences are honored on the 2006 Cond'e Nast Traveler "Hot List." Preferred Hotel Group Miles for your Meetings include:

Preferred Hotels & Resorts

Wynfrey Hotel at Riverchase Galleria, Birmingham, AL

Sanibel Harbour Resort & Spa, Fort Myers, FL

Marco Beach Ocean Resort(R), Naples/Marco Island, FL

Celebration Hotel, Orlando, FL

The Casa Monica Hotel, St. Augustine, FL

The Mansion on Forsyth Park, Savannah, GA

Preferred Boutique

TWELVE Hotel & Residences Atlantic Station, Atlanta, GA

Summit Hotels & Resorts

Hotel Monteleone, New Orleans, LA

"Preferred Hotel Group Miles for your Meetings Program" is valid for bookings confirmed before June 30, 2007 only at listed participating Preferred Hotel Group properties. This offer is valid for new bookings only and cannot be combined with any existing offer. Mileage is awarded, up to a limit of 100,000 per meeting planner, when the meeting is actualized. Participating airline mileage programs are: Alaska Airlines Mileage Plan, American Airlines Advantage, ANA Mileage Club, KLM/Air France Flying Blue, Virgin Atlantic Flying Club, Qantas Frequent Flyer, Japan Airlines Mileage Bank, Varig Brasil Smiles, and United Mileage Plus. Alternative frequent flyer miles are available upon request. The offer is void where prohibited. To book, meeting planners are invited to visit www.preferredhotelgroup.com/southeast or can call a group sales specialist at +1 888 893 6697.

In conjunction with Avis' Meeting & Group Sales, "Preferred Hotel Group's Miles for your Meetings" Program simplifies meeting planner's lives with special services to help coordinate their car rental program. Avis' exclusive offer includes low group rates with free unlimited mileage guaranteed to save groups plenty of money, a dedicated meeting specialist to help make planning easy, seven free rental days, special site inspection rates to help finalize meeting plans, customized support materials, hassle-free online attendee reservations and fast, easy and personalized service. These exclusive car rental offers are only through Avis. To access the Avis offer, meeting planners should call +1 800 525 7537 and ask for Preferred Hotel Group Special Rates and Services, email [email protected], or for online reservations of five or more cars, please visit www.preferredhotelgroup.com and use the Avis AWD# D790602.

Preferred Hotel Group is a global leader in the hospitality industry. This creative, cutting-edge company helps cultivate a new era in travel - an era in which travelers embrace the individuality of distinctive hotels and resorts yet desire a consistent commitment to excellence. The four renowned brands of Preferred Hotel Group represent a collection of the finest hotels in the world and include

Preferred Hotels(R) & Resorts, (www.preferredhotels.com); Preferred Boutique (www.preferred-boutique.com); Summit Hotels & Resorts (www.summithotels.com); and Sterling Hotels (www.sterlinghotels.com).

CONTACT:

Dianna Tingg/Gina Galatro

Middleton & Gendron, Inc.

+1 212 980 9232 / +1 212 284 9934

EMAIL: [email protected]/[email protected]

For high-resolution imagery of our properties, please visit the Preferred Hotel Group Image Library at www.preferredhotelgroup.com/press.htm.# # #

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