aloftSM Ontario-Rancho Cucamonga Hosts Grand Opening Festivities

RANCHO CUCAMONGA, CA, July 18, 2008—Travelers to Rancho Cucamonga, California, are in for a special treat as the very first aloft hotel in the United States officially opened its doors in this Southern California city.


The opening of the aloft Ontario-Rancho Cucamonga was commemorated by a ribbon-cutting ceremony during a grand opening celebration at the property attended by company representatives and local officials.


Participants included Mayor Donald J. Kurth (top right photo); Ted Knighton, president, Hotel Operations, Interstate Hotels & Resorts; Paul Novak, managing director, The John Buck Company; and senior brand executives from Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT).

“Aloft is a new concept in ‘lifestyle’ hotels, targeted to meet the specific needs and desires of today’s savvy, design-conscious consumers who understand that great style can be both accessible and affordable,” said Ted Knighton.


“Starwood has gone to great lengths to create a new product that provides high design at an affordable price point, accessible technology, style and a social atmosphere. We are confident that aloft is a perfect complement to the Rancho Cucamonga hotel marketplace and believe it quickly will become a leader in its segment.”

The 136-room aloft Ontario-Rancho Cucamonga will be located at the northwest corner of 4th Avenue and Haven. aloft is the hotel component of a $60 million master-planned, mixed-use development called HavenPark, which is owned by L.A-based Hileman Co.


Guests can book directly through http://www.alofthotels.com/ which features the best rate guarantee and by calling 1-877-go aloft. Guests can also book via local travel agents. Rates for aloft hotels are market-driven, averaging $150/night. All aloft guests have the option to join and earn Starpoints in Starwood’s award-winning, industry leading Starwood Preferred Guest® program.

CONTACTS:

Chris Daly, Vice President, Daly Gray Public Relations, ph: 703-435-6293, chris@dalygray.com

Yani Duran, aloft Ontario-Rancho Cucamonga, Director of Sales, 909 484 1608,
yani.duran@aloftontario-rc.com

Mary Jane Orman, aloft hotels, 914 640 5287, mmailto:maryjane.orman@starwoodhotels.com

Flex-Industrial Vacancies Grow in Metro DC

WASHINGTON, D.C.--GVA Advantis presents highlights from its second-quarter report on the metro Washington, DC industrial market.

For a copy of the complete report, please contact Tonya L. Ginter, CCIM, Director of Research & Marketing, 703.790.2127, tginter@gvaadvantis.com

Highlights include:

--Overall, the flex-industrial vacancy increased during the second quarter of 2008, with vacancies increasing to 10.8 percent from a first quarter rate of 10.4 percent.

--In accordance with the slight increase in vacancy rates during the second quarter, flex vacancy ended the second quarter at a 14.7 percent vacancy, up slightly from a first quarter rate of 14.5 percent, and industrial vacancy increased to 8.2 percent from a first quarter rate of 7.8 percent.

--Despite a positive increase in sales volume during the second quarter, uncertainty about the direction of the economy is still a big question among investors.

Tri-City Electrical completes work at new Federal Courthouse Building in Pensacola, FL

PENSACOLA, FL – Orlando-based Tri-City Electrical Contractors, Inc. completed $760,000 of work at the new multimillion-dollar, 57,359-square-foot Federal Courthouse Building (top left photo) in Pensacola, FL, under its contract with Hensel Phelps Construction Co., Orlando.

Florida’s leader in electrical contracting, communications and service, Tri-City reported 2007 revenues totaling $160 million. With nearly 1,200 employees statewide, the Orlando-based electrical contractor and service provider also operates divisional offices in Fort Myers, Ocala/Gainesville and Tampa, as well as satellite offices in Santa Rosa Beach and Sarasota.


Tri-City Electrical Starts Job at Oakmonte Village assisted living facility in Lake Mary, FL

ORLANDO, FL – Orlando-based Tri-City Electrical Contractors, Inc. is under way on $2 million of work at the new 3-story, 197,890-square-foot Oakmonte Village assisted living facility in the Orlando suburb of Lake Mary, FL, under its contract with Winter Park Construction, Winter Park, FL. Completion is slated for April 2009.

CONTACT:

Kenneth H. Cristol, President, Cristol Marketing Company, 237 Hunt Club Blvd., Suite 102, Longwood, FL 32779 USA. PH 407-774-2515 FX 407-774-6647 khc@crismktg.com http://www.crismktg.com/ Strategic Marketing, Brand Management, Publicity and Advertising, and Corporate Communications

NAI Realvest Negotiates $1.05 Million Sale of Altamonte Springs Office Building

MAITLAND, FL --- NAI Realvest has negotiated the $1,050,000 sale price for a 7,538 square foot office building at 190 N. Westmonte Drive in Altamonte Springs.

NAI Realvest associate Don Rudolph, (top right photo) CCIM and Christi Davis CCIM, negotiated the transaction on behalf of the seller, Gavin Company of Hiawatha, Iowa.

The buyer is The Worthen Legacy of Winter Park and was represented in the transaction by Charlie Chambers of Real Estate Navigators.

For more information, contact:

Don Rudolph CCIM Associate, NAI Realvest, 407-875-9989; drudolph@realvest.com

Janice Paiano Marketing Director, NAI Realvest 407-875-9989 jpaiano@realvest.com

Beth Payan or Larry Vershel, Larry Vershel Communication, Inc. 407-644-4142

Wyndham Brand to Expand in China with 337-Room Shanghai Hotel

PARSIPPANY, N.J. -– Wyndham Hotel Group International plans to expand the Wyndham® brand in China with the construction of a 337-room, 15-story luxury hotel in Shanghai.

The Wyndham Baolian Hotel, (middle center photo) scheduled to open in April 2010, is being developed by Shanghai Baolian Real Estate Company Ltd. in the city’s Baoshan district.



Weijie Zhu, principal owner and president of Shanghai Baolian Real Estate Company Ltd., signed a 10-year agreement with Wyndham Hotel Group International to manage the property.

The hotel will feature four full-service restaurants; two bars; lobby lounge; nightclub; Wyndham Blue Harmony™ spa and fitness center; swimming pool; business center; and 1,650 square meters of meeting space including a 1,000-square-meter ballroom, boardroom and additional function rooms.

The Wyndham Hotels and Resorts brand is scheduled to make its debut in the Asia Pacific region during the fourth quarter this year with the opening of a newly constructed, 609-room luxury hotel in Xiamen, Fujian province. The Wyndham Xiamen Hotel also will be managed by Wyndham Hotel Group International.

Wyndham Hotel Group is the largest U.S.-based hotel franchising company in China today with 138 hotels open and under development under the Ramada, Days Inn, Howard Johnson and Super 8 brand names.

Steven R. Rudnitsky, (middle right photo) Wyndham Hotel Group president and chief executive officer said the development of the Wyndham brand in China fulfills a key corporate objective to grow the brand in Asia.

“Our Shanghai project is a testament to the strength of the Wyndham brand and our management expertise,” he said. “We anticipate strong growth of the Wyndham brand in key gateway cities.”

Shanghai serves as one of China's most important commercial, financial, industrial and communications centers and is widely regarded as the showpiece of one of the world's fastest-growing economies.

Located on China's east coast at the mouth of the Yangtze River, Shanghai is the country’s most populous city and one of the largest urban areas in the world. The city is an emerging tourist destination known for historical landmarks including as the Bund and Xintiandi, its modern and expanding Pudong skyline including the Oriental Pearl Tower and its reputation as a cosmopolitan center of culture and design.

Wyndham Hotel Group, one of three principal components of Wyndham Worldwide (NYSE: WYN), encompasses more than 6,550 hotels and 551,000 rooms in 59 countries on six continents under the Wyndham®, Ramada®, Days Inn®, Super 8®, Wingate® by Wyndham, Baymont Inn®, Howard Johnson®, Travelodge®, Knights Inn® and AmeriHost Inn® brands.

All hotels are owned individually and operated independently or by Wyndham Hotel Management. Wyndham Hotel Group is based in Parsippany, N.J. Additional information is available at www.wyndhamworldwide.com.

CONTACT:

Evy Apostolatos Director, Media Relations, Wyndham Hotel Group, 1 Sylvan Way,
Parsippany NJ 07054, (973) 753-6590
evy.apostolatos@wyndhamworldwide.com