Preferred Hotel Group is a global leader in the hospitality industry, delivering high-performance sales, marketing, and technology solutions to more than 600 independent hotels and resorts in over 65 countries. Its family of brands represents a collection of the finest hotels in the world and include: Preferred Hotels® & Resorts (www.preferredhotels.com), Preferred Boutique (www.preferredboutique.com), Summit Hotels & Resorts (www.summithotels.com), Sterling Hotels (www.sterlinghotels.com) and Historic Hotels of America (www.historichotels.org). For more information please visit www.preferredhotelgroup.com.

In Fall 2007, the company entered the luxury real estate market with the launch of Preferred Residences – a membership and exchange program for luxury shared ownership resorts that provides an exceptional level of service and amenities. Properties are held to exacting standards derived from the same Preferred Global Standards of Excellence™ on which the company has built its 40-year heritage in the hospitality industry. For more information please visit www.preferredresidences.com.

Headquartered in Chicago, The Preferred Hotel Group is a privately held company led by industry veteran John Ueberroth. With 28 sales offices worldwide, Preferred Hotel Group is the industry leader in providing state-of-the-art technology, innovative business solutions and strategic sales support.

To private hotel owners and managers the Preferred Hotel Group's key strength lies in allowing their hotels to maintain their individuality and distinctive methodology, while still benefiting from the economies of scale that an affiliation with a larger group of like-minded properties can offer.