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Grand Heritage Hotel Group Appoints
Three to Vice President Positions

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PORTLAND, Ore. - Sept. 21, 2004--Grand Heritage Hotel Group, LLC, (GHHG) one of the nation's premier owner/operators of luxury hotels and resorts, has significantly expanded its management team with the appointments of 
  • Michael Schurer as vice president and chief financial officer, 
  • Michael Mason as vice president of people and 
  • Victor Mills as northeast regional vice president.
"The industry abounds with prestigious properties that are not realizing their full potential," comments John Cullen, CEO, Grand Heritage Hotel Group. "We have made it our mission to identify and capitalize on investment opportunities that have the potential for long-term growth.

"Our directors are former hotel executives and seasoned veterans who work hand-in-hand to reposition, stabilize, operate and improve the performance of each property. We understand that no two properties are exactly alike, but we also understand the unique challenges and opportunities they face. We are delighted to have these three seasoned hospitality executives join our team and build upon this mission."

Michael Schurer, who will be relocating to the company's headquarters in Portland, joins the company having dedicated his career to the hospitality segment of the real estate industry. He previously served as the CFO of Humphrey Hospitality Trust (a publicly traded hotel REIT), Humphrey Hospitality Management, Inc., (a privately held, third-party hotel management company), and Crown Golf Properties (a privately held golf course development, construction and third-party management company).

Mr. Schurer also held various senior roles over an eight-year term at Marriott International and its wholly owned timeshare development subsidiary, Marriott Vacation Club International. He is a CPA who earned his Bachelor's degree from Rutgers University in New Jersey.

Joining the company as vice president of people is Michael Mason. Mr. Mason brings a wealth of management experience as a private consultant, as well as his tenure as vice president, human resources, for Starwood Hotels & Resorts Worldwide, Inc. Mr. Mason introduced a number of successful programs for Starwood including the Starshare benefit program, and the Sheraton Cares for You and Four Points of Service guest service training programs.

Rounding out the expanded management team, Victor Mills brings over 35 years of hospitality management expertise to the company in his new role as northeast regional vice president. Mr. Mills will be based in Providence, R.I.

Mr. Mills has specialized in numerous turn-around situations as general manager of notable properties including the Marriott Warner Center, Los Angeles; the Peabody Hotel, Memphis; the Hilton & Towers, Greenville, S.C., and the Peabody Orlando Resort & Hotel in Orlando.

About Grand Heritage Hotel Group
With offices in New York City and Portland, Oregon, Grand Heritage Hotel Group, LLC, is one of the nation's premier owner/operators of luxury hotels and resorts (www.grandheritageinternational.com). Specializing in revitalizing prestigious properties to a new level of grandeur, Grand Heritage Hotel Group currently manages or owns the Stanley Hotel, Estes Park, Colorado; Vanderbilt Hall Hotel, Newport, and The Biltmore, Providence, Rhode Island; as well as The Governor Hotel and The Avalon Hotel & Spa, Portland, Oregon. Portland-based Endeavour Capital has committed growth capital to GHHG to expand its branded hotel management and operating company nationally and internationally.


 
Contact:
Grand Heritage Hotel Group
www.grandheritageinternational.com
Also See: Portland Developer Paul Brenneke Awarded the Avalon Hotel & Spa In Settlement with Former Partners; Grand Heritage Hotels Appointed Manager / June 2004
Grand Heritage Hotel Group Acquires Historic Governor Hotel in Downtown Portland / October 2003


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