LBA Properties Opens Marriott in Clearwater, FL

Begins Construction on 84 room Courtyard by Marriott in Hattiesburg, MS

. October 14, 2008

DOTHAN, AL, January 26, 2006. LBA Properties kicked off the first month of 2006 with the opening of a 79-suite SpringHill Suites by Marriott in Clearwater, Florida, and the construction start of 84-room Courtyard by Marriott hotel at 119 Grand Drive in Hattiesburg, Miss. The Courtyard, LBA's first hotel in Mississippi, is three blocks from the University of Southern Mississippi, and part of the new 40-acre Chauvert Square retail-restaurant-entertainment complex.

As is LBA's tradition, the company opened their doors in Clearwater with the donation of a guest room-ful of furniture to the local Habitat for Humanity affiliate. LBA donates guest room furniture to Habitat in each new hotel market as part of LBA C.A.R.E.S., the company's national community service program.

LBA Properties, based in Dothan, Ala., (www.lbaproperties.com) has operated primarily in the southeastern U.S. as a hotel developer and operator for almost 35 years. LBA manages 24 Marriott hotels under the Courtyard, Residence Inn, SpringHill Suites, Fairfield Inn, Fairfield Inn & Suites, and TownePlace Suites brands; two Holiday Inns; three Holiday Inn Expresses; two Hampton Inn & Suites hotels; one Red Roof Inn; and one Best Western.

Growing at a rate of approximately three hotels a year, LBA Properties in 2006 will also begin construction on two Courtyard by Marriott hotels, in Prattville, Ala., and Trussville, Ala.

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