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Crestline Announces the Opening Of The Hilton Garden Inn Detroit

Crestline Hotels & Resorts, Inc. today announced the opening of the newly
constructed 198-room Hilton Garden Inn in downtown Detroit’s historic
Harmonie Park. The hotel is located just one block from Comerica Park the
new Detroit Tigers’ Stadium; the new Ford Park, the Detroit Lions’
stadium; and one block from Compuware’s corporate headquarters It is also
in walking distance to the Detroit Opera House, Greektown Casino and near
many restaurants. The hotel, which marks the first new hotel in downtown
Detroit in 12 years, was developed by the Ferchill Group of Cleveland,
Ohio. The hotel is being applauded by the Detroit Convention and Visitors
Bureau. The Bureau sites the opening of this upscale limited service hotel
as yet another indication that both business and leisure travelers are
rediscovering the fun and amenities of downtown Detroit. Hotel General
Manager, Ken Hammac, said, “The hotel is already sold out for Super Bowl
2006, the Ryder Cup this September, major-league baseball’s All Star Game
in 2005, and the Lions Clubs convention this July. But even more
indicative of our future success is the fact that we have strong group and
transient reservations throughout the rest of this year and into 2005. We
believe there was pent-up demand for a new quality hotel in this area of
downtown Detroit and we’re delighted to be able to fill that need,” added
Hammac.

The Hilton Garden Inn Detroit welcomes guests with its handsome 10-story
red brick exterior that architecturally blends into this charming and
historic neighborhood. Inside, guests will find superior service and
hospitality as well as 198 spacious guestrooms complete with complimentary
high-speed Internet access and printer capabilities. The hotel also offers
an indoor heated swimming pool and whirlpool spa; a complimentary 24-hour
Business Center; 3,400 square feet of meeting and banquet space; The
Hunter House restaurant, which is open for breakfast, lunch and dinner; a
Fitness Center; and a Pavilion Pantry(TM) convenience mart.

The Hilton Garden Inn brand recently received the distinguished “Highest
Guest Satisfaction among Mid-Price Hotel Chains with Full Service” award
in the J.D. Power and Associates 2002 North America Hotel Guest
Satisfaction Study(SM). With more than 180 hotels now open across North
America and more scheduled to open throughout 2004 and beyond, the Hilton
Garden Inn brand is positioned as the leading, mid-priced lodging choice
for today’s growing segment of midmarket travelers.

The Hilton Garden Inn Detroit is located at 351 Gratiot Avenue, Detroit,
MI 48226. For more information and reservations guests can call
1.313.967.0900 or visit the hotel online at
http://www.hiltongardeninn.com/.

Crestline Hotels & Resorts, Inc. is one of the nation’s largest
independent hospitality management companies. Founded in 2000, the Company
presently manages 30 hotels, resorts and conference and convention centers
with nearly 6,300 rooms in 11 states and the District of Columbia.
Crestline Hotels & Resorts manages properties independently and under such
well regarded brands as Marriott, Hilton, Renaissance and Radisson.
Additional information about the hotel management company is available at
the company’s web site: http://www.crestlinehotels.com/.

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Barcelo Crestline Corporation is the parent company of Crestline Hotels &
Resorts, Inc. Barcelo Crestline also leases and has investments in hotel
properties. Additional information about Barcelo Crestline is available at
the company’s web site: http://www.barcelocrestline.com/.

The Ferchill Group is a real estate development and management company
based in Cleveland and active throughout the Midwest. The firm has
launched more than $1.0 billion in commercial projects and focuses
predominantly on urban niche opportunities for office, residential, hotel
and entertainment development. The firm is active in new construction and
historic rehabilitation, including, most recently, the $300 million
conversion of the Pabst brewery complex in downtown Milwaukee into
PabstCity, an urban entertainment center featuring 1.4 million square feet
of entertainment, restaurant, loft apartments, office and hotel space.
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