eXceed Hospitality to Asset Manage Mayflower Hotel in Washington, DC

A Renaissance Hotel

. October 14, 2008

WASHINGTON, DC, July 16, 2008. eXceed Hospitality Asset Advisors, LLC (eXceed), a leading Hospitality Industry Advisory Firm, announced today that it has been chosen by the Ownership Group as the asset management team for the Historic Mayflower Hotel, Washington, DC - A Renaissance Hotel.

"This is an exciting opportunity for eXceed to play a key role in the ongoing story of what is not only an important Washington landmark, but a part of American History. With the Renaissance Team, we will help write the next exciting chapter in this Hotel's long list of accomplishments. We share a vision to lead the Mayflower Hotel towards a new era of luxury, prestige, innovation, service and value," said eXceed Co-founder and Principal, Troy Bennett, CHA.

As independent operators and advisors, eXceed has a unique perspective on how to develop the strategic plan and implement clear guidelines and goals for management teams. "Our philosophy is central to our success: We believe in partnerships, working together with all Stakeholders," said eXceed Co-founder and Principal, Carl Bruggemeier. "We find a common ground that will produce the most effective results in the shortest time possible."

The scope of eXceed's work, whether short or long term engagements, is driven by one goal: increasing profit while minimizing risk. Providing management, advice and counsel to a wide breadth of Owners of Hospitality Assets, eXceed specializes in developing and managing assets of varying size, style and geography. Enhancing current asset value or creating new Hotels and Resorts, eXceed is driven to out-perform the competition.

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