Boykin Selected to Manage the Sanderling

Boykin Management Company, one of the
nation’s leading independent hotel management companies, has announced
that it has been selected to manage the luxurious Sanderling Resort and
Spa, located in Duck, North Carolina. The hotel is owned by Turnpike
Properties based in Winston Salem. The Sanderling Resort and Spa is located in North Carolina’s Outer Banks
on 9.2 acres that touches the shores of both the Atlantic Ocean and the
serene Currituck Sound. Throughout the resort, architectural details and
furnishings have been carefully designed to evoke the character of a grand
seaside hotel and complement the unique environment of the Outer Banks.
The resort provides guests with luxurious accommodations including 88
guest rooms, a luxurious spa, IACC certified conference facilities, two
restaurants and lounges, an enclosed tennis and fitness center, indoor and
outdoor pool, and outdoor tennis courts. The Sanderling is listed as one
of Travel and Leisure magazine’s 500 best hotels in the world for 2003 and
2004 and has been listed on Conde Nast Traveler’s Gold List of “Best
Places to Stay in the Whole World” for seven consecutive years.

“The Sanderling is the Jewel of the Outer Banks, and we are thrilled that
ownership has selected Boykin to operate this truly unique property. We
are pleased to have the Sanderling employees join the Boykin organization
and expect the transition to be seamless for employees and guests of the
resort,” commented Joseph Smith, Chief Operating Officer of Boykin
Management Company.

Ken Wilson, CEO of Capital Hotel Management, LLC, the investment advisor
and asset manager for the owners, commented: “We are excited about Boykin
Management Company’s appointment as the manager of this great resort and
expect that they will contribute greatly to the Sanderling’s success. They
were appointed after a very challenging selection process and are a great
fit for this special property.”

There are 88 spaciously appointed guest rooms and suites contained within
three inns. Each distinctive cedar shingled building offers accommodations
with private porches and is individually decorated with a rare collection
of wildlife art and sculptures by Grainger McCoy, porcelains by Boehm, and
Audubon prints. In addition, there are four villas with three and four
bedroom accommodations to attract families and small groups.

The 8,000 square foot Sanderling Spa has nine treatment rooms, complete
with yoga studio and includes a heated indoor pool, whirlpool and steam
room, a Vichy room for hydrotherapy and a waterside gazebo for outdoor
treatments. The broad menu of spa services available include massage,
body, skin and nail treatments that utilize sea mud and local minerals.
The spa is staffed by skilled and licensed technicians trained in the
latest European and American philosophies and techniques.

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The Left Bank Restaurant serves French-inspired, contemporary American
cuisine, in a formal 60-seat dining room that offers spectacular views of
the Currituck Sound. The interior design features a display kitchen,
attractive fabrics and furnishings, custom cherry millwork and a
museum-quality collection of porcelain Doughty birds on display. Sante,
The Magazine for Restaurant Professionals honored The Left Bank with the
2004 Grand Award in Culinary Hospitality for excellence in wine and
spirits and cooking, naming the restaurant “Culinary Hospitality
Restaurant of the Year”. The Sanderling also features the 154-seat
Lifesaving Station Restaurant and Swan Bar, a restored 1899 Coast Guard
facility, decorated with nautical artifacts and a cozy fireplace with
sweeping views of Currituck Sound. A private wine room is also available,
inclusive of a varied wine list which has won the Award of Excellence four
years running from Wine Spectator magazine.
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