STATE COLLEGE, PA, March 18, 2008. Shaner Hotel Group announced that it has hired Jim Olsovsky as General Manager for the Pittsburgh Marriott City Center.

Mr. Olsovsky brings more than thirty years experience in the hospitality industry, including 27 years with the Marriott Corporation in leadership roles at Marriott properties in the Washington, D.C. area, Chicago and Oklahoma. He served as General Manager for the Oklahoma City Marriott, the Doubletree Hotel and Executive Meeting Center in Omaha, NE, and Marriott's Hunt Valley Inn in suburban Baltimore, MD. His accomplishments included a record of consistently achieving top guest satisfaction scores for his region and maintaining market share at 121% of fair share.

"We are excited to have someone with Jim Olsovsky's vast experience and knowledge of the Marriott brand assuming the lead role in Pittsburgh," said Lance Shaner, President and Chief Executive Officer of Shaner Hotels. "Jim brings extensive experience working with large metropolitan markets to the Pittsburgh Marriott City Center, as well as a strong commitment to guest satisfaction," he continued.

Mr. Olsovsky earned his Bachelor of Business Administration in Accounting at Texas A & I University, his Certified Hotel Administrator (CHA) certification in 1990 and re-certifications in 1995 and 2000. Mr. Olsovsky, his wife Tricia and their family presently reside in Omaha, NE, and will be relocating to the Pittsburgh area.

Privately-held Shaner, parent company of Shaner Hotel Group, is based in State College, PA. It owns and manages diverse holdings in the lodging, investment, energy and professional services sectors. For more information, visit us online at: www.ShanerCorp.com