Bill DeForrest Replaces John Rijos as President and CEO of Lane Hospitality / Oct 2000

Hotel Online Special Report

Bill DeForrest Replaces John Rijos as
President and CEO of Lane Hospitality

NORTHBROOK, Ill. - Oct. 25, 2000 - Mr. Forrest Schneider, President and Chief Executive Officer of Lane Industries, Inc., a privately held, diversified holding company, today announced that Bill DeForrest, has been named President and Chief Executive Officer of Lane Hospitality.

Mr. DeForrest joined the Lane Hospitality staff early in the company�s history, then honed his career in executive and management positions in hotels and resorts in Colorado. He returned to Lane in 1996 as Senior Vice President of Development and was appointed interim president in August, 2000.

�Our decision was based on a wide variety of factors,� said Mr. Schneider. �Foremost among them are Mr. DeForrest�s strength of experience and knowledge of the industry, as well as the personal attributes he brings to the position.� Schneider also praised Mr. DeForrest�s contributions to Lane in the area of new business development.

�Bill has been instrumental in cementing many of our recent successful acquisitions, and I am impressed by his strong work ethic, outstanding relationship and interpersonal skills and his desire to make Lane Hospitality a leader in its industry,� Schneider continued. �Most of all, he has demonstrated the leadership ability that is essential to build on the tremendous potential we have within our Hospitality group.�

Brookdale Appoints John P. Rijos as President and CEO

CHICAGO, Aug. 22, 2000 - Brookdale Living Communities, Inc. announced today that John P. Rijos has joined Brookdale as President and Chief Operating Officer. Mr. Rijos has over 25 years of experience in the acquisition, development and operation of hotels and resorts, and since 1986 had been the President and Chief Operating Officer of the Lane Hospitality Group, owners and operators of over 40 hotels and resorts nationwide.

``I am very excited that John took this position at Brookdale,'' said Mark J. Schulte, Chairman and Chief Executive Officer of
Brookdale. ``The depth of John's talent and experience will be a great asset to Brookdale, and an excellent addition to Brookdale's team.''

Brookdale Living Communities, Inc. is a leading national provider of senior and assisted living services to the elderly, with 24 facilities in 14 states containing an aggregate of approximately 5,328 units in urban and suburban communities.

In accepting his appointment, Mr. DeForrest acknowledged the efforts and dedication of the Lane Hospitality Executive Committee in positioning Lane Hospitality as a high quality, successful organization. �I am aware of the personal commitment of my associates in the Lane organization,� said DeForrest, �and I want them each to know how grateful I am for both their support and their performance. I recognize that with great opportunity comes great responsibility, and I am dedicated to doing great work on behalf of the entire Lane Hospitality network.�

Lane Hospitality is one of the nation�s largest hospitality companies, owning and/or managing more than 30 hotels and resorts across the country. It is headquartered near Chicago, Illinois, and is a subsidiary of Lane Industries.
Lane Industries is a diversified holding company with interests in hotel, electronic security, farming and ranching operations and other investments. It is also the majority shareholder of GBC, a global technology leader in document finishing, film lamination, visual communications and paper shredder products.

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Contact:

Lane Industries
Bill DeForrest, 847/291-5716
[email protected]
www.lanehospitality.com/

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Gary Decatur Appointed President and CEO of Choice Hotels Canada, Inc. / Oct 2000

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