Crestline to Manage The Silversmith Hotel in Chicago

Property was formerly the Crowne Plaza Chicago - Silversmith

. October 14, 2008

CHICAGO, IL, February 26, 2007. Crestline Hotels & Resorts, Inc. announced its appointment by Highland Hospitality Corporation (NYSE: HIH) as the new management company for The Silversmith Hotel in downtown Chicago. The hotel was previously known as the Crowne Plaza Chicago - Silversmith and was recently acquired by Highland Hospitality. The upscale hotel is a classic property in the style of the late 19th century Arts movement. The Silversmith, with 143 guestrooms including 63 suites, is located in the heart of Chicago's Financial/Theater District (the Loop) and is within walking distance to the world renowned Art Institute, Millennium Park and Grant Park, Symphony Center, Sears Tower and Chicago's finest museums.

"The Silversmith Hotel is a beautiful and historic hotel," said Dave Durbin, President & CEO of Crestline Hotels & Resorts. "We look forward to bringing the sophistication of Crestline's management team to this property while enhancing guest service and amenities," added Durbin.

The Silversmith Hotel

Located in the center of Chicago's vibrant business and arts district, The Silversmith Hotel provides a perfect retreat for business and leisure travelers. Its 143 guestrooms and suites are well-appointed to complement the buildings beaux arts style architecture, but updated with modern amenities and services including high speed Internet access, a work desk with dual telephone lines, and a complimentary morning newspaper. The hotel also offers Executive Floors and business services. Both valet and self-parking are available for a fee.

For meetings the hotel offers a selection of four well-appointed conference rooms, totaling over 3,500 square feet of space. Groups of up to 120 people can be accommodated. For dining, guests may enjoy Adas Famous Deli & Restaurant which serves breakfast, lunch and a deli-style dinner. For light snacks and cocktails there is the 14 Karat Lounge in the lobby. In addition, the hotel is within walking distance to many of Chicago's best and most well-known restaurants such as Harry Caray's and Berghoffs.

The Silversmith Hotel is located at 10 South Wabash Avenue, Chicago, IL, 60603. It is 11 miles from Chicago's Midway Airport and 17 miles from O'Hare International Airport. It is served from both airports by taxi and train.

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