Article: Remington to Manage Two Florida Hotels for Ashford Hospitality Trust; Contracts Accelerate Growth of Remington's Third-Party Management Business.

Business Editors

DALLAS--(BUSINESS WIRE)--May 25, 2004

Remington Hotel Corporation, the premier service provider to the hospitality industry(TM), today announced it has secured long-term contracts to manage the Residence Inn by Marriott in Lake Buena Vista, Florida, and the Sea Turtle Inn in Atlantic Beach, Florida, effective immediately. Dallas-based Ashford Hospitality Trust owns both hotels.

Mark Sharkey, chief operating officer of Remington, stated, "We have a significant presence in Florida with 7 hotels totaling 2,326 rooms under management. In addition to our knowledge of these markets, we have a broad range of experience in working with ...

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