Cornell Hotel School, AIG Global Real Estate Investment Corp. Renew Research Partnership

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. October 14, 2008

ITHACA, NY, April 25, 2006. AIG Global Real Estate Investment Corp. has renewed through 2009 its partnership with the Cornell Hotel School's Center for Hospitality Research (CHR). Under the agreement, AIG Global Real Estate will continue to support the Center's research and Kevin Fitzpatrick, president of AIG Global Real Estate, will join the Center's Advisory Board.

"We are very pleased to renew our partnership with AIG, which is one of the world's most respected financial services companies," said Gary Thompson, a professor at the Cornell Hotel School and executive director of its Center for Hospitality Research. "As a leading investor and developer in global real estate markets, AIG Global Real Estate will help broaden our perspective on trends and events that will drive our research activity."

All CHR Reports are available from the Center's website, www. chr.cornell.edu. These reports are made available free of charge. In 2005, 17,307 new visitors to the site downloaded 78,536 Center reports and tools.

"The Center for Hospitality Research is an authoritative source for cutting edge research that supports the global hospitality industry," says AIG Global Real Estate's Fitzpatrick. "It also supports an important link between the academic and business communities that enhances the strategic, managerial and operating practices driving the industry. We are pleased to support this mission."

About The Center for Hospitality Research

A unit of the Cornell School of Hotel Administration, The Center for Hospitality Research (CHR) sponsors research designed to improve practices in the hospitality industry. Under the lead of the Center's 46 corporate affiliates, experienced scholars work closely with business executives to discover new insights into strategic, managerial and operating practices. The Center also publishes the award-winning hospitality journal, the Cornell Hotel and Restaurant Administration Quarterly. To learn more about CHR and its projects, visit www.chr.cornell.edu.

CHR Partners and sponsors: AIG Global Real Estate Investment, Cendant Corporation, Four Seasons Hotels and Resorts, HVS International, JohnsonDiversey, Inc., Kohinoor Group, Marsh's Hospitality Practice, Nestl'e, Smith Travel Research, Southern Wine and Spirits of America, Inc., SynXis (a Sabre Holdings Corporation), Taj Hotels Resorts and Palaces, Thayer Group of Companies, and Wimberly Allison Tong & Goo.

CHR friends: ARAMARK o DK Shifflet & Associates o ehotelier.com o Estrela Marketing Solutions o Fireman's Fund o Gerencia de Hoteles & Restaurantes o Global Hospitality Resources o Hospitality Confections o Hospitality Financial and Technology Professionals (HFTP) o HOP hospitalitynet.org o Hotel Asia Pacific o Hotel China o HotelExecutive.com o Hotel Interactive o Hotel Resource o International CHRIE o International Hotel and Restaurant Association o International Hotel Conference o iPerceptions o KPMG Japan/Global Management Directions o Lodging Hospitality o Lodging Magazine o PKF Hospitality Research o Resort+Recreation o The Resort Trades o RestaurantEdge.com o Shibata Publishing Co. o The Lodging Conference o Taste & Travel o TravelCLICK o UniFocus o WageWatch, Inc. o WiredHotelier.com

Jennifer Macera, 607.255.3101; [email protected]

Cydney Peters, 607.255.8698; [email protected]