Crestline Selected for Plaza San Antonio

8th Jan 2004

Crestline Hotels & Resorts, Inc. today announced its selection as the new
management company for the 252-room Plaza San Antonio, a Marriott Hotel.
The world-class hotel and convention facility is situated on more than 6.2
acres of landscaped grounds near San Antonio`s famed River Walk. It is
directly across the street from the city`s convention center, and provides
convenient access to the downtown financial district and the Alamo Dome.
In addition to more than 16,000 square feet of meeting space, the hotel
offers such amenities as a sauna and whirlpool, a heated outdoor swimming
pool, tennis courts, the Anaqua Grill restaurant and the Palm Terrace
Lounge, and complimentary transportation to the downtown financial
district for overnight guests.

The hotel will undergo a comprehensive renovation of its guestrooms,
lobby, restaurant and bar. The renovation is being phased in throughout
this year to insure continued attention to customer service. The property
was recently acquired from Host Marriott Corporation by Highland
Hospitality Corporation , a Virginia based, self-advised lodging real
estate investment trust (REIT) focused on hotel investments primarily in
the US. The property will continue to operate as a Marriott Hotel.

Crestline Hotels & Resorts` portfolio of managed hotels includes many high
quality urban hotels and conference centers operating under well-known
brands such as Marriott, as well as independently. Dave Durbin, president
& CEO of Crestline Hotels & Resorts said, “The Plaza San Antonio is a
world class hotel in a wonderful destination. We look forward to working
with the hotel`s staff and the community to maintain its superior guest
service, and continue to insure the hotel remains a focal point of the
Crestline Hotels & Resorts, Inc. is one of the nation`s largest
independent hospitality management companies. Founded in 2000, the Company
presently manages 40 hotels, resorts and conference and convention centers
with more than 8,200 rooms in 17 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:

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:




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