Crestline to Mange New Hilton Garden Inn and Homewood Hotels

. October 14, 2008

APRIL 0 2007. Crestline Hotels & Resorts, Inc. announced its appointment by an affiliate of Presidential Hotel Investors as the management company for two new hotels under construction at Baltimore's Inner Harbor.

The 183 guestroom Hilton Garden Inn and the 165 suite Homewood Suites Hotel are co-joined properties that are scheduled to open in the summer of 2007.

The hotels are located only one block from the city's picturesque waterfront and within walking distance to Baltimore's most popular neighborhoods for dining, shopping and entertainment. The location is perfect for business and pleasure, and is just a 15 minute ride to the Baltimore Washington International Airport.

"Baltimore's Inner Harbor is undergoing a renaissance and we are pleased to be part of this resurgence through our management for these two fine new hotels," said Dave Durbin, President & CEO, of Crestline Hotels & Resorts, Inc. "We have had the privilege of working within the Baltimore community for many years and look forward to serving our neighbors and guests with continued excellence in service and amenities," added Durbin.

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