Redstone Names Eric Terry to VP of Development, Sales & Marketing

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. January 14, 2011

HOUSTON, TX - January 11, 2011 - Redstone Companies Hospitality, a leader in management and consulting services in the hotel, spa, golf, and fitness industries, has named Eric Terry as Vice President - Development - Sales & Marketing. He will assist in property acquisitions and management partnerships throughout the industry.

Eric has over three decades of experience and business success within the entertainment, hotel, casino resort and events marketing industries. Prior to joining Redstone, Eric was Vice President of Sales and Marketing at Benchmark Hospitality and the President of Xelerate Group, a company he launched in 2002, based in Dallas. He grew the enterprise into an organization with a recognized specialty in national events marketing, sponsorship partnering, media buying and celebrity appearances including partnerships in NASCAR and Indy Racing League. Prior to that, he was Vice President of Sales & Marketing for Malibu Entertainment Worldwide, Inc. and also served as Corporate Marketing Director and Vice President of Sales and Marketing for Hollywood Casino Corporation/Pratt Hotel Corporation. Eric has held leadership positions within Bristol Hotels - Harvey Hotel Corporation, Marriott Hotels and Resorts, and for Anheuser Busch's Busch Gardens.

Eric graduated from Virginia Tech and earned a Bachelor of Science degree in Hotel, Restaurant and Institutional Management. Recognized as 'An Outstanding Alumnus,' he previously served as president of the Virginia Tech Alumni Association, Dallas/Fort Worth Chapter. He is an active member of Meeting Professionals International and the Hospitality Sales and Marketing Association International and is a former president and vice president of the Crowne Plaza Marketing Association. Eric serves on the board of the Texas Music Project, a 501c3 organization dedicated to providing music education in Texas schools and also served as Vice Chairman of Senior Adult Services, a non-profit that provides support to older adults in the Dallas area.

About Redstone Companies Hospitality
Redstone Companies Hospitality is an experienced, relationship-based leader in management and consulting services in the hotel, spa, golf and fitness industries. They are committed to developing long-term relationships with strategic solutions to grow businesses with a structured yet flexible personalized approach. Owned and operated properties include The Houstonian Hotel, Club & Spa; Houstonian Lite-Pennzoil Building; Shadow Hawk Golf Club; The Houstonian Golf & Country Club; Redstone Golf Club and BlackHorse Golf Club. Managed properties include Lakeway Resort and Spa in Austin, Texas, Houstonian Lite-Wells Fargo Building, and Vanderbilt Legends Golf Club at Vanderbilt University.

Redstone Companies Hospitality is a division of The Redstone Companies, a privately owned company located in Houston, Texas that specializes in hospitality, real estate and private equity. For more information on Redstone Companies Hospitality and their properties, please visit www.redstonecompanieshospitality.com.