Alliance Hospitality to Manage the 322-room Sheraton Gunter in San Antonio, Texas

. October 29, 2014

SAN ANTONIO, TX - October 29, 2014 - Alliance Hospitality announced today that it will manage the Sheraton Gunter, an upscale luxury hotel located in downtown San Antonio, TX. Rolf Tweeten, Chairman of the Board for Alliance Hospitality, made the announcement.

Developed in 1909, the iconic Gunter Hotel San Antonio was the City's largest building at the time. Situated in the heart of downtown, the property features 322 guestrooms, 23,000 square feet of meeting and conference room space, Barron's Restaurant, the famous Gunter Bakery and additional casual restaurant and lounge options. The hotel is situated adjacent to the San Antonio Riverwalk and is proximate to an array of shopping and dining choices.

"The Sheraton Gunter is an exceptional property, with a strong flag, in a dynamic location," said EJ Schanfarber, President and CEO of Alliance Hospitality. "We will leverage these features and couple them with the hotel's strong reputation and track record of success to insure that the Gunter remains a market leader in the luxury class in vibrant downtown San Antonio area."

About Alliance Hospitality

Alliance Hospitality is an innovative next-generation hospitality company engaged in the acquisition, repositioning and management of hotels and resorts throughout the United States. Founded in 2003 to manage lodging assets for institutional investment groups, individual owners and lenders, and private equity groups, Alliance provides value by developing the highest caliber hospitality professionals, and through implementing proprietary tools and unique processes to create a comprehensive hospitality management platform. Alliance current portfolio of properties owned and managed includes luxury resort, full service, extended stay, all suite, and select service hotels operating under agreements with Marriott, Hilton, IHG, Carlson, Wyndham, Choice, and Starwood Hotels and Resorts.

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