Crown Collection Appoints Joseph A. Giacoponello to Executive Committee

Joseph A. Giacoponello, former president of The Leading Hotels of the World, comes out of retirement

. October 14, 2008

PARAMUS, NJ, April 26, 2006. The Crown Collection, The Language of Luxury, with sales, marketing and reservation services in the United States, as well as Europe, the U.K. and Russia, announces the appointment of Joseph A. Giacoponello, former president and CEO of The Leading Hotels of the World, to its Executive Committee. As president and CEO, Mr. Giacoponello is widely acclaimed for creating and expanding The Leading Hotels of the World's brand to include some of the world's finest hotels and resorts.

Helen Fullem, president and founder of The Crown Collection, The Language of Luxury, made the announcement. The appointment of Mr. Giacoponello is in support of the company's overall strategy to expand its client roster of luxury hotels, resorts, villas, sea cruises and destinations from 38 to 50 by the end of 2006. The Crown Collection is considered one of the foremost sources in upscale travel and is highly regarded among discriminating travelers and high-end travel agents seeking exceptional hospitality experiences. Currently, the company provides marketing, reservations and sales services for a select group of high-end hospitality products throughout Asia, Europe, Latin America, the U.S. and the Caribbean. It maintains sales offices in the New York area, Los Angeles, Switzerland and soon Latin America.

Mr. Giacoponello, who retired from The Leading Hotels of the World in 1999, joins an Executive Committee of international and domestic hoteliers: Ms. Evelyn Weber, hotel manager Hotel St-Barth Isle de France, St. Barts; Ms. Laurence Tafanel, owner and proprietress, Hotel Esprit Saint-Germain, Paris; Mr. Lee Bowden, managing director, The Sagamore, Lake George, NY; Mr. Patrice Arnaud, managing director, Le Chateau du Domaine St. Martin, Vence, France; Mr. Andrew Hedley, general manager, Carlisle Bay, Antigua; and Mr. Stephen Price, general manager, Spring Creek Ranch, Jackson Hole, WY.

Ms. Fullem, who began her career at The Leading Hotels of the World reporting to Mr. Giacoponello in various operations positions, credits him with generating worldwide recognition for the brand and providing the foundation for which it stands today. "Joe is widely considered to be one of the most brilliant marketing executives, and the concept for The Leading Hotels of the World can be directly attributed to Joe. He has certainly helped to shape the luxury travel market. I am honored to welcome Joe to our Executive Committee," said Ms. Fullem.

As an Executive Committee member Mr. Giacoponello will advise on overall strategy to expand the client roster and the scope of Crown's reach worldwide, as well as strategically target emerging luxury markets and destinations.

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