CORPORATE PROFILE

CORPORATE OFFICES
Hospitality America, Inc.
2301 12th Avenue South, Suite 201
Nashville, Tennessee 37204
phone (615) 377-7662
fax (615) 279-9368
www.hospitalityamerica.com

CORPORATE PROFILE: March 2008

Hospitality America has been ranked as the #1, #3, #5 and #4 Top Hotel Management Company By Occupancy in the Nation in HOTEL BUSINESS’ Annual Rankings for four consecutive years, April 2003, 2004, 2005, 2006.

Hospitality America presently operates eleven (11) hotels and 1,423 rooms in Florida, South Carolina and Tennessee. Three (3) hotels totaling 372 rooms are in construction scheduled to open in 2009. Two (2) more hotels are in pre-construction phase with land controlled and flag licenses issued.

Hospitality America managed Hampton Inns® achieve occupancies, average room rates, RevPAR's and Gross Operating Profits substantially exceeding original proformas and Hampton Inn® system-wide averages. In 2007 our managed portfolio of Hampton Inns® produced aggregate RevPAR 26% higher than Hampton Inn® system average.


 

2007
Hospitality America
Portfolio
2007
Hampton Inn®
System
Occ. % 74.0%  71.2%
ADR $126.39 $104.03
RevPAR $93.55 $74.03

Our Hampton Inns® rank high in product and service delivery as measured by Hilton® TQI scores. For 2007, aggregate TQI scores of our Hampton Inns® averaged in the top 25% of the system. Our hotels have been recognized with many service/quality awards.

We also provide specialized project management and consulting for owners of various hotel projects including resorts, primarily in the Bahamas and Caribbean. We are proud of our track record for improving financial yields to institutional clients burdened with non-performing resort assets.

Chris Cargen, Hospitality America’s CEO, lives and offices in Brentwood, Tennessee. He is an honors graduate of Cornell University School of Hotel Administration and a 37-year veteran of the hospitality industry.

A complete Hospitality America profile, including philosophy, approach, projects and references is available upon request.