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Highland Hospitality Appoints Crestline to Manage
the Plaza San Antonio Marriott
McLean, Virginia – January 7, 2004 - Crestline Hotels & Resorts, Inc. today announced its selection as the new management company for the 252-room Plaza San Antonio, a Marriott Hotel.  

The property was recently acquired from Host Marriott Corporation by Highland Hospitality Corporation (NYSE: HIH), a Virginia based, self-advised lodging real estate investment trust (REIT) focused on hotel investments primarily in the US.  The property will continue to operate as a Marriott Hotel. 

The hotel will undergo a comprehensive renovation of its guestrooms, lobby, restaurant and bar.  The renovation is being phased in throughout this year to insure continued attention to customer service.  

Crestline Hotels & Resorts’ portfolio of managed hotels includes many high quality urban hotels and conference centers operating under well-known brands such as Marriott, as well as independently.  Dave Durbin, president & CEO of Crestline Hotels & Resorts said, “The Plaza San Antonio is a world class hotel in a wonderful destination.  We look forward to working with the hotel’s staff and the community to maintain its superior guest service, and continue to insure the hotel remains a focal point of the community.”

The world-class hotel and convention facility is situated on more than 6.2 acres of landscaped grounds near San Antonio’s famed River Walk.  It is directly across the street from the city’s convention center, and provides convenient access to the downtown financial district and the Alamo Dome.  In addition to more than 16,000 square feet of meeting space, the hotel offers such amenities as a sauna and whirlpool, a heated outdoor swimming pool, tennis courts, the Anaqua Grill restaurant and the Palm Terrace Lounge, and complimentary transportation to the downtown financial district for overnight guests.  

Crestline Hotels & Resorts, Inc. is one of the nation’s largest independent hospitality management companies.  Founded in 2000, the Company presently manages 40 hotels, resorts and conference and convention centers with more than 8,200 rooms in 17 states and the District of Columbia.  

Barceló Crestline Corporation is the parent company of Crestline Hotels & Resorts, Inc.  

Certain matters discussed herein are forward-looking statements within the meaning of the Private Litigation Reform Act of 1995. 


 
Contact:
Vicki Denfeld
(571) 382-1814
 www.crestlinehotels.com

 
Also See: Highland Hospitality Corporation Acquire the 252-room Plaza San Antonio Marriott for $32.5 million / December 2003
San Antonio's August, 2003 Hotel Tax Collections Up 10.7% Compared to Previous August; Hyatt Regency Hill Country Resort Had Best Summer of its 10-year History / September 2003


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