Simeon Miranda Named GM of Marriott Anaheim Suites

Garden Grove, California

. March 17, 2009

SEATTLE, WA, March 17, 2009 - Officials of the Dow Hotel Company, LLC, a hotel ownership investment and management company, today announced that Simeon Miranda has joined the company as general manager of the 371-room Marriott Anaheim Suites in California. He will oversee the property's day-to-day operations and report directly to Steve Falciani, regional vice president of operations.

"Simeon Miranda is part of our announced major push to increase our management bench strength at all levels in this difficult economy," said Murray L. Dow II, Dow Hotel Company president. "With 25 years of managerial experience in the hotel industry, he is one of the most experienced all-suite hotel general managers in the business and also has extensive operating experience with upscale, full-service, branded hotels.

"In the past four months, we have added the equivalent of more than 80 years of senior operations experience to our company, and we have seen positive results with steady gains in market share," he noted. "Under Simeon's leadership and his proven track record in operations, we expect this award-winning hotel to continue to excel, despite a challenging fiscal environment. We believe he will help us position the hotel for the inevitable economic rebound."

Prior to joining the Marriott Anaheim Suites, Miranda was resident manager of the 1,241 -room Hilton Waikoloa Village, a 62-acre world-class destination resort. He has served as general manager of five different properties, including the 400-room Embassy Suites Resort, Lake Tahoe, Calif., and the 224-room Embassy Suites/Crown Sterling Suites, Anaheim, Calif. Miranda received his Bachelor of Science in Business Administration from Seattle University. He is a former member of the board of directors for the Kohala Coast Resort Association and is a member of the Hawaii Hotel and Lodging Association.

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