Cond'e Nast Traveler Names Five Preferred Hotel Group Properties to Its 10th Annual "Hot List"

. October 14, 2008

CHICAGO, IL, July 7, 2006. Five Preferred Hotel Group properties have earned spots on Cond'e Nast Traveler's coveted 10th Annual 2006 "Hot List", the insider's guide to the newest and hottest hotels, restaurants, spas and nightclubs opened all over the world in the past year. Of the new properties honored this year, three members of Preferred Hotels & Resorts and two members of Preferred Boutique have been featured.

The Preferred Hotel Group brand properties are:

Preferred Hotels & Resorts

Huntley Santa Monica Beach, California

Mansion on Forsyth Park, Georgia

Relais Santa Croce, Italy

Preferred Boutique

TWELVE Hotel & Residences Atlantic Station(R), Atlanta

Azur, New Zealand

"At Preferred Hotel Group, we share a passion for travel with Cond'e Nast Traveler's editors and loyal readers," said John Ueberroth, Chairman and CEO of Preferred Hotel Group. "We are honored to see our members recognized alongside other highly respected hotels and resorts."

Preferred Hotel Group has a family of brands in unparalleled locations to match every mood and meet every desire - from relaxing resorts and tranquil spa treatments to vibrant nightlife at the city's center. Preferred's "Hot List," honorees reflect this variety.

Following a $12 million renovation, the Huntley Santa Monica Beach's sleek and sophisticated design creates an atmosphere of modern beachside luxury. Located in Santa Monica, Calif., this 209 room property combines retro-elements with crisp, clean lines and offers majestic views and relaxed opulence.

Mansion on Forsyth Park, in Savannah, Georgia, combines the historic restoration and architecture of an 1888 Victorian with a contemporary and chic luxury boutique hotel. The 126 room mansion provides an eclectic blend of traditional Savannah style and attractive modern interior design.

The Relais Santa Croce, in the heart of Florence, Italy, is an age-old palace where tradition and modernity live perfectly side-by-side. This extraordinary 24 room hotel located in central Via Ghibellina - between the Santa Croce Basilica and the Duomo, is the ultimate historical escape.

TWELVE Hotel and Residences Atlantic Station, which opened in February, 2006, is the premier all-suites boutique hotel in Atlanta, Georgia. Its chic, contemporary d'ecor, 101 exquisite suites, midtown Atlanta setting and unsurpassed amenities give guests a sophisticated urban experience.

Azur is the destination for privacy, discretion and serenity. Placed on a hilltop overlooking some of the most spectacular scenery in New Zealand, Azur's nine villas allow guests to absorb the incredible views in chic luxury and total seclusion.

Cond'e Nast Traveler's "Hot List" winners are announced each May in Cond'e Nast Traveler's annual issue. The list is also available online at: www.concierge.com/cntraveler/.

Preferred Hotel Group is a global leader in the hospitality industry. This creative, cutting-edge company is designed for a new era in travel - an era in which travelers embrace the individuality of distinctive hotels and resorts - yet desire a consistent commitment to excellence. The four brands of Preferred Hotel Group represent a collection of the finest hotels in the world and include Preferred Hotels(R) & Resorts, (www.preferredhotels.com); Preferred Boutique (www.preferred-boutique.com); Summit Hotels & Resorts (www.summithotels.com); and Sterling Hotels (www.sterlinghotels.com). Learn more at www.preferredhotelgroup.com.

CONTACT: Gina Galatro/Dianna Tingg

Middleton & Gendron, Inc.

+1 (212) 284-9934/+1 (212) 980-9232

EMAIL: [email protected]/[email protected]

For high resolution imagery of our properties, please visit the Preferred Hotel Group Image Library at www.preferredhotelgroup.com/press.htm.

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