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| WATERFORD APPOINTS PARKER
AS GENERAL MANAGER FOR QUALITY INN & SUITES AIRPORT IN LATHAM, NEW YORK (Waterford, CT – July 26, 2006) --- Waterford Hotel Group today announced the appointment of Peter Parker as General Manager of the Quality Inn & Suites Airport in Latham, New York. The Quality Inn & Suites Airport is ideally located with easy access to Interstate 90 and Interstate 87, only minutes away from Albany International Airport. Waterford Hotel Group, Inc., a national hotel management firm, professionally manages the 132-room hotel. As General Manager, Parker will be responsible for all phases of the hotel’s operations, sales and administration, including the management of 35 associates. Parker brings an extensive background in hotel management, having served as Asset Manager for Equity Inns, Corporate Director of Operations for Rockgate Management, N.A., and as General Manager at numerous locations in both Canada and the United States. Most recently, Parker served as a consultant specializing in the turn-around of distressed hotel properties. “We are pleased to welcome Peter to the Latham Quality Inn,” commented Terry Bickhardt, President and COO, Operations and Marketing, for Waterford Hotel Group, Inc. “Peter brings a wealth of experience to the hotel and we are certain he will excel in this new position.” Parker has relocated to the Albany region from Memphis, TN. " About Quality Inn & Suites Airport – Latham, NY The Quality Inn & Suites features 132-rooms, including 64 oversized business suites and 13 two-room suites with Jacuzzis and kitchenettes. All rooms feature microwaves, refrigerators, coffee makers, hair dryers, and free local calls, and complimentary wireless internet in all guest rooms. The hotel also offers complimentary continental breakfast, a full size swimming pool, exercise room, a complimentary shuttle to the airport, and an onsite Bennigan’s Grill & Tavern Restaurant. The Latham hotel is convenient to Rensselaer Polytechnic Institute, Pepsi Arena, Saratoga Racetrack and the Palace Theatre, a renovated movie house that hosts live stage shows and performances by the Albany Symphony Orchestra. 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.
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