GF Management Affiliate to Manage Embassy Suites Chicago-North Shore

Deerfield, Illinois

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. January 21, 2011

CHICAGO, IL - January 20, 2011 - GF Management, one of the nation's fastest growing hospitality management and development companies, announces that its affiliated company DEIL Associates, LLC has been named manager of the Embassy Suites Chicago-North Shore, located in Deerfield, Ill. DEIL Associates assumed management of the hotel on Wednesday, December 29, 2010.

With a regional office based in the Chicago area, GF Management was able to deploy its multi-disciplinary transition team during the holiday week in order to execute a smooth transition into the hotel. Richard Henrikson, CHA, Senior Vice President of Operations for GF Management, oversees the Chicago office and led the on-property phase of the transition. Daily operations continued uninterrupted following the management turnover, and all on-property staff were offered the opportunity to remain employed at the property.

Embassy Suites Hotels is a full-service brand within the Hilton Worldwide portfolio of brands. Ken Kochenour, President and CEO of GF Management, stated, “The Embassy Suites Chicago-North Shore is a natural fit for our growing full-service portfolio. With this hotel and the addition of the Hampton Inn Dry Ridge Kentucky in early January, we are proud to claim 13 Hilton affiliated hotels under ownership or management.”

Jim Holthouser, global head of Embassy Suites Hotels and Full-Service Brands for Hilton Worldwide, added, “We're excited to see the growth of GF Management's Hilton-affiliated portfolio. They've been a valuable partner of several of our full and focus service brands, and we look forward to continued growth in our partnership.”

The Embassy Suites Chicago-North Shore is an all-suite hotel featuring 237 luxurious suites. From its Deerfield location, the hotel is accessible to O'Hare International Airport and conveniently located just outside all of the offerings of Chicago's downtown. The hotel features Embassy Suites' signature amenities such as its complimentary cooked to order breakfast and evening Manager's Reception and spacious two-room suites. Embassy Suites Chicago-North Shore also features first rate business accommodations including 3,700 square feet of flexible meeting space and business center, as well as an onsite fitness center and indoor pool. Gino's East, a premier Chicago-style dining experience, is also located in the hotel.

About GF Management

GF Management is an award-winning, full-service hospitality ownership, management and advisory company founded in 1988 and based in Center City Philadelphia. With more than 110 hospitality assets under management, including hotels, resorts, conference centers, catering facilities, condominiums and golf courses in 27 states, GF Management, through affiliates, specializes in third-party management, receiverships, asset management and advisory services for a variety of private, institutional and banking clients. Many of GF's core hospitality assets within the property portfolio are owned by its principals and therein provide the strength and balance of ownership and management. The Company is currently seeking to expand its portfolio of full-service ownership and management assignments through long-term contracts and joint-venture investment opportunities.

For more information about GF Management call 215-972-2222 or visit www.GFHotels.com.

About Embassy Suites Hotels

Founded in 1984, Embassy Suites Hotels defines the upscale, all-suites segment and today has 209 hotels, with an additional 33 in the pipeline. With spacious two-room suites, engaging team members and an inviting atrium environment, guests are welcome to put their feet up and feel right at home. Embassy Suites' complimentary, cooked-to-order breakfast helps guests gear up for their day, while the nightly Manager's Reception with free appetizers and beverages offers guests a great way to wind down. To learn more, visit www.embassysuites.com.

About Hilton Worldwide

Hilton Worldwide is the leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For 91 years, Hilton Worldwide has been offering business and leisure travelers the finest in accommodations, service, amenities and value. The company is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Its brands are comprised of more than 3,600 hotels and 600,000 rooms in 82 countries and include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, Doubletree, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages the world-class guest reward program Hilton HHonors®. For more information about the company, visit www.hiltonworldwide.com