Daniel Hostettler Named MD Ocean House in Watch Hill

. June 15, 2009

WATCH HILL, RI, June 11, 2009 - Daniel Hostettler has been named Managing Director of the Ocean House, the five-star hotel and private residence property set for a grand opening in Watch Hill, Rhode Island, in June 2010. The announcement was made by Charles M. Royce, of Bluff Ave. LLC, a community investment group that owns the property.

"We are thrilled and fortunate to welcome Daniel to the Ocean House," said Mr. Royce. "As a leading figure in the luxury travel industry, we are confident he will set the highest standards of care and impeccable service for our guests and residents."

Mr. Hostettler brings nearly 20 years of experience in the luxury hotel and restaurant industry, leading Five Star and Five Diamond hotel and resort properties across the United States and Europe. Most recently, Mr. Hostettler was the President and Managing Director of Lajitas - The Ultimate Hideout, an independently owned Mobil Four-Star, AAA Four Diamond, Leading Hotel of the World and Preferred Hotel of the World based in Texas. Previously, Mr. Hostettler served as Managing Director at La Posada de Santa Fe Resort and Spa and the Summer Lodge Hotel and Spa in Dorset, England. Mr. Hostettler received his Bachelor of Science in Business Administration with a double major in Finance and Hotel-Restaurant Management. He is fluent in Swiss German, French and Spanish.

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