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HOTEL EXECUTIVE

Barcelo Expands North American Office

New Office Located Near Miami International Airport

. October 14, 2008

FEBRUARY 8, 2007. Barcelo Hotels & Resorts today announced the relocation of its North American office to 815 NW 57th Avenue, Suite 343, Blue Lagoon, Miami, FL 33126. The office is led by Oscar Serrano, Senior Director of Sales & Marketing for North America, and Fernando Ortiz Sales Manager for the Southeast, U.S. Both Serrano and Ortiz will be headquartered at the new office which is located near Miami International Airport. They can be reached at 305.256.5659 or via email at o.serrano@barcelo.com or f.ortiz@barcerlo.com.

The expansion of the North American office is simultaneous with the Company's growth throughout Mexico, the Caribbean and Latin America. "Our continued growth in luxury all-inclusive resorts throughout these popular resort destinations is fueling our brand growth and marketing in the US and Canada," said Serrano. "Having a larger, full-service office in Miami will better serve our client's needs and expand our reach," added Serrano.

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