MeriStar Hospitality Corporation (NYSE: MHX), the nation`s third largest hotel real estate investment trust (REIT), and MeriStar Hotels & Resorts (NYSE: MMH), the nation`s largest independent hotel management company, announced last week that the companies will release first-quarter financial results on Tuesday, May 7, 2002, before the market`s opening.
Both companies will hold conference calls on May 7 to discuss their results.

MeriStar Hospitality will hold its quarterly conference call at 10 a.m. ET, while MeriStar Hotels & Resorts` conference call will begin at 2 p.m. ET. Both calls will be hosted by Chairman and Chief Executive Officer Paul Whetsell and President and Chief Operating Officer John Emery. Shareholders and other interested parties may listen to a simultaneous webcast of the conference calls by logging onto www.meristar.com or www.streetevents.com, or may call (800) 219-6110, reference number 459624 for MeriStar Hospitality, and (800) 218-9073, reference number 459616 for MeriStar Hotels & Resorts. Interested parties may listen to a replay of the conference calls through Thursday, May 9, by dialing (800) 405-2236 and entering each company`s reference number. A replay of the conference calls also will be posted on MeriStar`s Web site, www.meristar.com.
MeriStar Hospitality Corporation owns 112 principally upscale, full-service hotels in major markets and resort locations with 28,597 rooms in 27 states, the District of Columbia and Canada. The company owns hotels under such internationally known brands as Hilton, Sheraton, Marriott, Westin, Radisson and Doubletree.

MeriStar Hotels & Resorts operates 277 hospitality properties with more than 58,000 rooms in 41 states, the District of Columbia, and Canada, including 54 properties managed by Flagstone Hospitality Management, a subsidiary of MeriStar Hotels & Resorts. BridgeStreet Corporate Housing Worldwide, a MeriStar subsidiary, is one of the world`s largest corporate housing providers, offering upscale, fully furnished corporate housing throughout the United States, Canada, the United Kingdom, France and 35 additional countries through its network partners.

For more information about MeriStar Hotels & Resorts and MeriStar Hospitality, visit the companies` Web site: www.meristar.com.

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