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Press Release - July 17, 2008




WHITE LODGING CONTINUES TO EXPAND NATIONWIDE BREAKING
GROUND ON NEW HOTEL COMPLEX IN CHANDLER ARIZONA

MERRILLVILLE, IN (July 17, 2008) – White Lodging, one of the country’s fastest growing independent owner, developer and operator of hotels, broke ground on their fourth dual-branded hotel property today. Located in Chandler, Arizona, the Courtyard by Marriott and Fairfield Inn & Suites by Marriott are slated for a late-2009 opening.

Representing another addition to the company’s growing collection of more than 132 hotels in 17 states nationwide, the Courtyard and Fairfield Inn & Suites are part of the company’s ambitious growth plan to add more than 75 properties to their management portfolio over the next five years.

“Chandler continues to experience strong economic and employment growth with several major commercial developments coming on line over the next 24 months,” says Deno Yiankes, president & CEO of White Lodging’s Investments and Development division. “This, coupled with the strong brand affiliation in Marriott and our strategic location at the intersection of State Roads 101 and 2020 near the Chandler Fashion Center Shopping district, make for an exciting combination.”

The existing 150-room Courtyard was redesigned during the last month of permitting to incorporate the newest generation of interior public design, ahead of its formal release. In addition to many other changes, the lobby will include kiosk reception stations, an interactive “go-board” display providing current traffic, weather, flight updates, restaurant recommendations and guides to area attractions. The new Fairfield Inn & Suites will feature 110 guestrooms and suites.

The two-in-one hotel is joined together by facilities including an outdoor pool and spa, expansive fitness center boasting top-of-the-line equipment, two business centers, meeting rooms and guest laundry facilities. Each hotel will have a separate covered entrance located on a common plaza that will feature public art.

The hotel complex will be located within the Chandler Centerpoint Business Center in the heart of Chandler’s expanding corporate office district and just minutes from the Chandler Fashion Center, restaurants and other area attractions.

White Lodging, which has scored accolades in all aspects of hotel development and operations from being named one of Training Magazine’s Top 125 National training companies in 2008 to having received multiple AAA 4-Star Diamond Awards has been honored with twelve of Marriott International’s Partnership Circle Awards since its inception in 1985.

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