Boutique Selects Waterstone Marketing

Boutique Hotels & Resorts International(R) announced today the selection
of Waterstone Marketing as their strategic sales partner in New York/New
Jersey for corporate, leisure, and group markets.

With this appointment, Boutique Hotels & Resorts International(R) taps
into the professional expertise and long-term relationships of Waterstone
Marketing. Marcelo Vazquez, Waterstone Marketing`s Managing Director,
leads the organization with a strong industry background having managed
sales and marketing teams at Leading Hotels of the World, American Express
Travel and Summit Hotels & Resorts. Mr. Vazquez was also part of the
repositioning team at New York`s St. Regis Hotel.

“Waterstone matches travelers with some of the finest and most elegant
hotels in the world. We are pleased to now also have the opportunity to
offer some of the best and most interesting boutique hotels in some of the
most exciting destinations,” said Vazquez.

Boutique Chairman, Martin H. Buehler, said, “Our partnership with
Waterstone provides Boutique Hotels & Resorts(R) and our member hotels
with broader and deeper distribution in a premium feeder market and
further strengthens our branding with New York City-based travel decision
offices. We are very pleased to be working in partnership with Waterstone
and their appointment will result in incremental revenues to our members.”

Waterstone`s support will include sales presentations, direct dialogue
marketing and strategically chosen tradeshow representations. Boutique`s
corporate office in Miami Beach will manage communications with Waterstone
to set the appropriate priorities and ensure consistency with clients and
Boutique Hotels & Resorts International(R) awards a distinct and elegant
identity to authentic boutique properties from around the world. A
full-service alliance featuring inventive marketing and the very latest in
reservation and global distribution technology, Boutique was created
exclusively to empower independent boutique hotels to compete with the
major hotel giants. Thirty-four member boutique hotels and resorts are
showcased in three distinctive Collections: The Diamond Collection
(luxury), The Emerald Collection (first class/four star) and The Sapphire
Collection (superior mid- scale). Additional information is available at