Bob Lepore Returns to DePalma Hotel Corporation as SVP, Development

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. October 26, 2012

Arlington, TX - October 26, 2012 - Joseph DePalma, CEO of DePalma Hotel Corporation announced today the return of Bob Lepore to DePalma Hotel Corporation as Senior Vice President, Development. “We're thrilled to have Bob return to the DePalma family and oversee Business Development for the company as our hotel portfolio continues to grow nationally.” said DePalma. “Our corporate human resources strategy continues to be to recruit and retain corporate team members with extensive, successful operational and General Manager experience to ensure our continued achievements in creating ROI for hotel owners.”

Lepore's first management position was at the age of twenty-three and he was the youngest General Manager in the Days Inn brand. Subsequently, Lepore held senior management positions in a variety of upscale hospitality environments such as the Boston Harbor Hotel--Boston and Doubletree Colonnade—Baltimore. Lepore joined DePalma in 2000 as General Manager of The Inn at Reading—a 245 key conference center hotel in Reading, PA. In his final year at that hotel, he achieved an impressive 34% increase in REVPAR Index and a significant 62% House Profit increase. In 2002, Lepore was promoted to Regional Vice President for DePalma where he supervised DePalma properties in the Northeastern United States as well as maintaining contract development responsibilities. In his development role, Lepore was responsible for project developments in New York, Pennsylvania, New Jersey and Texas.

Mr. Lepore returned to DePalma in September, 2012 after spending three years in General Manager positions at both the Wyndham Miami and Wyndham Grand Pittsburgh where he successfully supported the return of Pittsburgh's flagship city-center hotel to solvency.

Lepore has routinely served as guest lecturer for the Penn State/Berks Hotel program and past Industry Board Adviser for the Penn State Hospitality Management program as well as serving on a multitude of franchisor advisory committees including affiliations with Choice, Wyndham, and Sheraton Hotels. Lepore will be based out of DePalma's regional offices in Reading, PA.

About DePalma Hotel Corporation
For thirty years, Depalma Hotels has demonstrated continued success in hospitality management through a comprehensive array of unique strategies developed and refined by our exceptional team of hospitality professionals. Our broad range of expertise includes achievements for a wide variety of clients from independent hotel owners and multi-portfolio investment groups to hotel asset management for national financial institutions.

From smaller select-service inns to full-service convention hotels and luxury resorts, the DePalma team focuses on quantifiable improvements and results in operating profits, cash flow and asset values. Our accomplishments reflect our ongoing dedication to the highest levels of professional knowledge, ethics, service and communication with owners, associates, communities and guests.