NEW MANAGEMENT TEAM ON BOARD
AT NEW HOMEWOOD SUITES IN ITHACA, NY

 (Lansing, NY – January 10, 2007) --- A new management team has been introduced at the new Homewood Suites by Hilton in the Village of Lansing, New York. General Manager Jenny Cast and Director of Sales Amy Magdon will oversee all the operational, sales, and marketing aspects of the hotel, which is currently under construction and slated for a summer 2007 opening. Waterford Hotel Group, Inc., with headquarters in Waterford, CT, will professionally manage and operate the new hotel.

As General Manager, Cast will be responsible for all phases of the hotel’s operations and management of personnel. The new Homewood Suites Ithaca will be a three-story hotel which will include 91 suites, a breakfast buffet, indoor pool, fitness room, and meeting facilities. The hotel will employ approximately 35 full-time associates. Cast has been with Waterford Hotel Group since April of 2003, serving as General Manager of the Residence Inn by Marriott in Norman, OK. Previous to joining Waterford, her experience includes three years as General Manager at the Residence Inn in Tulsa, OK, as well as extensive pre-opening and conversion training of hotels for Tharaldson Enterprises in Fargo, ND. Cast is a native of Norman, OK, where she attended both Oklahoma University and Oklahoma State University.

Amy Magdon joins the Homewood Suites team as Director of Sales with more than 14 years of experience in the hospitality industry. Her past assignments include Sales Coordinator for both the Courtyard by Marriott and Residence Inn by Marriott in Syracuse, NY, and Reservation Manager for the Sheraton Syracuse University Hotel. Magdon most recently served as Director of Sales for the Homewood Suites by Hilton in Liverpool, NY, a position she held for more than 4 years. She graduated from Community College of the Finger Lakes with an Associate of Applied Science Degree in Hotel and Resort Management. She currently resides in Liverpool, NY.

“Jenny has done an outstanding job for us at the Residence Inn in Norman over the past few years, and Amy’s extensive hospitality experience is a valuable asset to the Homewood Suites team,” commented Terry Bickhardt, president and COO for Waterford Hotel Group, Inc. “I am confident that both of them will excel in their new positions in Ithaca.”

About Homewood Suites by Hilton Ithaca
The new Homewood Suites by Hilton in Ithaca is owned by a partnership of affiliates of Connecticut-based Waterford Group, LLC, Michigan-based Slavik, Inc., and Connecticut developer Glenn Jette. The hotel will be located at 36 Cinema Drive with visibility from State Route 13 in the Village of Lansing, New York. Homewood Suites by Hilton® is a national brand of upscale all-suite residential-style hotels targeting travelers who are on the road for a few nights or longer. Every Homewood Suites by Hilton hotel is designed to make guests feel closer to home, providing them with all the comforts, convenience and privacy of home for the price of a traditional hotel room. The brand was designed for guests who travel on field assignments, relocate to a new community and attend seminars, conventions or corporate training programs. Leisure travelers on vacation or attending family events also have plenty of room to entertain or relax in each spacious suite.

About Waterford Hotel Group, Inc.
Waterford Hotel Group, Inc., with headquarters in Waterford, CT, currently manages 26 properties in 8 states. Waterford Hotel Group has experience operating virtually every type of hotel property, including limited services properties, all-suite hotels, conference centers, and large full service and resort properties. The company's approach to hotel development and operations is hands-on, and features frequent site visits and constant communication with customers and partners. Additionally, Waterford Hotel Group offers centralized accounting, financial reporting, strategic marketing, human resources, and day-to-day operations management systems to increase market share and profitability at all properties. For more information, visit the company's website at www.waterfordgroup.net.
 

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