FOR IMMEDIATE RELEASE

For information, contact:
Lisa Beers, VP, Public Relations
(860) 442-4559
lbeers@waterfordgroup.net

MYSTIC MARRIOTT HOTEL AND SPA SETS THE STANDARD OF EXCELLENCE
AS THE ONLY AAA FOUR DIAMOND RESORT IN REGION

Top Billing in America's Leading Hotel Ranking
Recognizes Outstanding Quality in All Aspects of the Hotel Experience

WATERFORD, CT --- Since its opening in 2001, the Mystic Marriott Hotel and Spa in Groton has quickly established a front-runner position in the Mystic, New London and Southeastern Connecticut region with the only Elizabeth Arden Red Door Spa, the most comprehensive meeting facilities, highly rated dining at Octagon and a sophisticated, appealing ambiance that captures the history and character of the region while providing an exceptionally comfortable and gracious hotel experience.

All of these features have now been officially recognized by America's lead system of ranking for hotels and resorts with the presentation of the prestigious AAA Four Diamond Award to the Mystic Marriott Hotel and Spa. The hotel is the only one in the region to be so honored.

"Everyone here at the Mystic Marriott is delighted that our efforts and commitment to quality has been so quickly recognized by AAA, the ranking that more American travelers pay attention to than any other. As a Four Diamond property, we join some of the finest hotels and resorts in the country, and we will do everything we need to do to ensure that our guests have the finest experience possible," said Mark Fallon, General Manager. AAA's Four Diamond Award requires that a hotel provide a highly refined level of quality in accommodations, amenities, hospitality, facilities, service, physical attributes and attention to detail.

About Mystic Marriott Hotel & Spa
The $47-million Mystic Marriott, with scenic views of the Poheganut Reservoir as a backdrop, features 285 rooms, more than 25,000 square feet of meeting space, a 145-seat Octagon steakhouse restaurant, a bar and lounge, a Starbucks Coffee Bar, ISDN Internet access, videoconferencing abilities and the Elizabeth Arden Red Door Spa, Connecticut's first and only prestigious Red Door. Waterford Hotel Group, a national hotel management firm currently operating 26 properties in 10 states, manages the property, which was built by Wolman Construction of Waterford. Strategically located in the heart of one of New England's fastest growing tourism destinations and the largest hotel in the region outside Foxwoods, the six-story Mystic Marriott, in the Mystic Executive Park at Exit 88 in Groton, has become the hub for social, corporate, group, conference and leisure travel in the region.

All hotel rooms are outfitted to meet Marriott's trademark Room that Works standard and are equipped with work desks, cable TV, data ports and voice mail, Internet access, safes suitable for laptop computers, coffee makers, in-room movies and irons and ironing boards. Some accommodations offer whirlpool tubs. The top floor Concierge Level offers guest rooms with upgraded bath amenities, robes and in-room refrigerators. Guests can also enjoy the Concierge Lounge, which offers complimentary continental breakfast, extensive hors d'oeuvres, an honor bar and a staff to assist. There are ten handicapped accessible rooms. In addition to room service, guests have the use of shuttles to one of the largest casinos in the country, Mohegan Sun.

Since its founding in 1984, Waterford Hotel Group has been one of the most successful and fastest growing companies in the hospitality industry. Waterford Hotel Group's properties nationwide consistently achieve exceptional market share and returns well above industry averages. The company's outstanding track record is based on strategic growth, intimate knowledge of industry trends and providing value for customers and investors.

For further information please contact Mystic Marriott Hotel & Spa at telephone 860-446-2600, reservations line 866-449-7390 or fax 860-446-2696.

For more on Waterford Hotel Group, visit the company's website at www.waterfordhotelgroup.com or contact Lisa Beers at 860-442-4559, 860-437-7752 (F); or e-mail lbeers@waterfordgroup.net; 914 Hartford Turnpike, PO Box 715, Waterford, CT 06385.