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Crestline anticipates success

Crestline Hotels & Resorts is planning for continued growth in 2006 with the restructuring and addition of four new executive management positions. Crestline presently manages 39 hotels and
resorts in 11 states and the District of Columbia, including nearly 9,000
guest rooms. 

During the past 16 months the Company has added 16 properties to
its managed portfolio including three newly built properties.

“Thanks to the support of our owners, Crestline continues to expand its
portfolio,” said Durbin.

  “During this past year we have spent much time
meeting with our owners and surveying their needs.  In response to their
feedback, as well as in anticipation of positioning Crestline for continued
growth, we decided to add several new corporate positions and restructure our
existing operations team.  By adding these positions we can assure our owners
the depth and knowledge that they have come to rely on us for, while having
the structure in place to continue growing our business.
  “The new executives will enhance Crestline’s operational and revenue
management support and will proactively work with our owners to enhance their
asset management,” added Durbin.