Barcelo Crestline Appoints Hernan Vanegas to VP Asset Management

. October 14, 2008

FEBRUARY 2, 2007. Barcelo Crestline Corporation today announced the appointment of Hernan Vanegas to Vice President of Asset Management. Mr. Vanegas, who has served as the Managing Director for The Barcelo Maya Beach Resort in Mexico's Riviera Maya, will be headquartered in Mexico and will focus on the asset management of the Playa Hotels & Resorts, S.L. portfolio.

Mr. Vanegas is an international hotelier who brings extensive hospitality industry experience to this new role spanning more than three decades. In addition to holding senior management positions with Barcelo Hotels & Resorts, he has enjoyed an extensive career with Sol Melia Hotels & Resorts, Singapore Mandarin International Hotels & Resorts as well as holding management positions for hotels in Thailand, Malaysia, Nepal, Singapore, the Philippines, Colombia, Panama, Canada and the U.S.

"Hernan is an extraordinary hotelier and leader," said Bruce Wardinski, President & CEO of Barcelo Crestline Corporation. "His practiced understanding and experience in running large international five-star resort properties is an excellent asset to Barcelo Crestline as we continue to expand Playa's portfolio. Hernan's attention to detail and eye for excellence will help insure that the properties acquired in the Playa portfolio are best in class for service, amenities and facilities," added Wardinski.

Mr. Vanegas holds a Hotel Diploma from the internationally acclaimed Ecole Hoteliere Lausanne, Switzerland. He also has earned numerous certifications from the Cornell School of Hotel Administration. Mr. Vanegas can be reached at:

[email protected].

Business Contact:

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