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HOTEL EXECUTIVE

Crestline Appoints GM for Hotel Derek, Houston, TX

. October 14, 2008

MCLEAN, VA / HOUSTON, TX, December 26, 2007. Crestline Hotels & Resorts, Inc. today announced the appointment of Hans J. Schmitt as General Manager for the 314 guestroom Hotel Derek in Houston's Galleria area. Mr. Schmitt is a hospitality industry veteran with more than 17 years experience in operations, management, and sales and marketing. He joins Crestline Hotels & Resorts from Noble Investments where he was Senior Vice President of Sales & Marketing. In addition, he has held executive positions with Interstate Hotels & Resorts, HEI Hotels & Resorts, as well as Sheraton Hotels and Renaissance Hotels.

"Hans' understanding of the regional market coupled with his commitment to guest service and leadership will provide excellent skills to manage the upscale Hotel Derek," said Dave Durbin, President & CEO of Crestline Hotels & Resorts. "We are confident that under Hans' direction the Hotel Derek will continue to grow its reputation for excellence," added Durbin.

Mr. Schmitt attended the hospitality management school at the Salzburg Klessheim College in Salzburg, Austria. He also holds a Bachelor of Science degree from the Realgymnasium Waidhofen Ybbs, Austria. He has been recognized with several industry accolades including General Manager of the Year followed by Hotel of the Year awarded by HEI Hospitality. Mr. Schmitt can be reached at hans.schmitt@crestlinehotels.com.

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