Kathy Starr

Host Marriott Corp. is a real estate investment trust, or REIT, that owns 113 full-service hotel properties as of February 15, 2004, which operate primarily in the luxury and upper-upscale hotel sectors. As of December 31, 2003, Host Marriott was the largest hotel REIT in the National Association of Real Estate Investment Trust’s composite index. Host Marriott conducts its operations through Host Marriott, L.P., or Host LP, of which Host Marriott is the sole general partner.

Interstate Hotels & Resorts, Inc. owns and operates hotels. It specializes in hotel management, development, procurement, and hotel financing. The company was founded in 1960 and is is headquartered in Plano, TX.

Embassy Suites Hotels operates a chain of upscale all-suite hotels. It offers two-room suites, each featuring a separate living area, private bedroom and a mini-kitchen. The company is headquartered in McLean, VA.

MeriStar Hotels & Resorts, Inc. operated 275 hospitality properties with more than 57,000 rooms in 41 states, the District of Columbia and Canada, including 54 properties managed by Flagstone Hospitality Management, a subsidiary of MeriStar Hotels & Resorts. Through its Doral Golf division, MeriStar managed six golf courses. BridgeStreet Corporate Housing Worldwide, a MeriStar subsidiary, was a corporate housing provider which offered furnished corporate housing throughout the United States, Canada, the United Kingdom, Paris and France. The company was located in Washington, DC.

Sheraton Hotels & Resorts owns and operates hotels and resorts. It offers business and leisure travelers with accommodations, dining, and other amenities. The company was founded by Ernest Henderson and Robert Moore in 1937 and is headquartered in Stamford, CT.

LQ Management LLC owns, operates, and franchises hotels. The company offers guest rooms and suites. It operates in the Canada, Mexico and U. S under the brand names La Quinta Inn and La Quinta Inns & Suites. The company was founded in 1968 and is headquartered in Irving, TX.

Crescent Hotels & Resorts LLC is an independent, third-party operator of resorts and hotels. It engages in hotel operations, sales and marketing, revenue management, finance, technology, and capital management. The company was founded by Michael George in 2001 and is headquartered in Fairfax, VA.