Hunter Hotels and Matrix to Provide Unique Advisory Services to Lodging Companies with Distressed Assets

ATLANTA, GA./RICHMOND, Va. - October 28, 2009 - Matrix Capital Markets Group, Inc. (“Matrix”) and Hunter Hotels (“Hunter”) announced today that they will partner to provide advisory solutions to lodging companies with financially distressed hotel properties.

The broad array of services provided by the partnership will include the restructuring of debt, corporate recapitalization and/or the sale of some or all of the assets.

Matrix and Hunter have successfully advised on the sale of hotels for over 30 years, as well as numerous transactions involving financially distressed companies operating in or outside of bankruptcy.

 Having managed these distressed asset sales, many under Chapter 11 of the U.S. Bankruptcy Code, and with unmatched hotel industry expertise and contacts, Hunter and Matrix will be able to advise operators on the complex issues they face as they seek to de-leverage their businesses.

Tom Kelso, (bottom  left photo) a Managing Director and Principal at Matrix, said “We are excited about the advisory services that we will be able to offer through our partnership with Hunter Hotels. Our combined experiences and skill sets will provide a unique solution to help hotel owners preserve or realize as much value for their properties as possible.”

Hunter Hotels’ President Teague Hunter (top right photo)  expressed great enthusiasm for the joint venture.

"The continued stress in our industry has created a need for financial restructuring at many different companies. Matrix's long history of advising firms through difficult times, and our long history of advising hotel investors, together will give our clients access to the resources they need to thrive in the current environment."

Contact: Julie Tullbane, Daly Gray Public Relations, T 703-435-6293, F 703-435-6297, mailto:julie@dalygray.com. 
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Hunter Hotels Appoints Lee Hunter Chief Operating Officer

ATLANTA, GA—Hunter Hotels, a leading national hotel investment services firm, has appoinedf Lee Hunter, (top right photo) CHB, ISHC, as chief operating officer of the company.

He will oversee day-to-day operations of the company, including development of research, marketing packages and broker opinions of value. In addition, he will remain an active broker with the firm.

“As we’ve grown, we have added significantly greater depth to our team and increasing sophistication to our analysis and marketing efforts,” said Bob Hunter, (middle left photo) CEO of Hunter Hotels.

“We have reached the size and national scope where we need to further enhance the management of the business of hotel brokerage. Lee brings a combination of hands-on hotel real estate experience with exceptional organizational and analytical skills that allows us to stay on the leading edge of the industry.

Having worked for ownership groups, he fully understands the needs and goals of those acquiring, developing and disposing of hotel assets.

Over his 14-years career, Lee has been actively involved in the acquisition, development and disposition of mid-market select service hotels operating under such franchises as Hilton Garden Inn, Courtyard by Marriott, Hampton Inn and Holiday Inn Express just to name a few.

“As we continue to execute our growth strategy, my experience on both the buy and sell side of the equation helps differentiate us firm from our competitors and allow us to provide better service to our clients,” said Lee Hunter, chief operating officer of Hunter Hotels.

Hunter earned a Bachelor of Science degree with a double major in Accounting and Business Administration from Presbyterian College and a Masters of Management in Hospitality (MMH) degree from Cornell University, with an emphasis on Hotel Finance and Real Estate. He is a Certified Hotel Broker as well as a member of the prestigious International Society of Hospitality Consultants.

Hunter Hotels, founded in 1978, has offices in Atlanta and Washington, D.C. Hunter’s exclusive focus is in hotel brokerage and hotel-related investment banking.

Properties range from upper upscale to economy with an emphasis on premium-branded and quality independent hotels in the mid-market segment.

For more information or to view current listings, please visit http://www.hunterhotels.net/ or contact us at 770-691-0300 in Atlanta, or 703-246-0035 in Washington, D.C.

Contact: Patrick Daly, media, (703) 435-6293, patrick@dalygray.com

Hunter Hotels Promotes Mayank Patel to Senior Analyst

Expanded Role Reflects Growth of the Company

ATLANTA, Ga., Sept. 24, 2008—Hunter Hotels, a leading national hotel brokerage and investment services firm, today announced the promotion of Mayank Patel (top right photo) to senior analyst.

In his new role, he will head up a team of analysts responsible for the research and preparation of property evaluations, hotel marketing packages and broker opinions of value.

He also will conduct financial and industry analysis, examine valuation methods, and prepare offering memoranda for prospective buyers.

“Our firm has enjoyed substantial growth over the past five years, in part thanks to the thoughtful analysis and evaluation provided by Mayank and his team,” said Bob Hunter, (top left photo) president of Hunter Hotels.

“He brings a full range of understanding of hotels from development to operations, as well as in-depth expertise on valuation and finance. With rock-solid analysis and valuation, we believe we are able to help clients achieve the optimum pricing for their properties in all phases of the hotel real estate cycle.”

A 10-plus year hotel veteran, Patel has been involved in valuation and analysis, operations and development throughout his career, which includes stints at hotel corporations and real estate investment trusts. He holds a bachelor’s degree in economics from the University of North Carolina.

Hunter Hotels, founded in 1978, has offices in Atlanta and Washington, D.C. Hunter’s exclusive focus is in hotel brokerage and hotel-related investment banking. Properties range from upper upscale to economy with an emphasis on premium-branded and quality independent hotels in the mid-market segment.

For more information or to view current listings, please visit http://www.hunterhotels.net/ or contact us at 770-691-0300 in Atlanta, or 703-246-0035 in Washington, D.C.

CONTACTS:

Patrick Daly, Account Executive, Daly Gray, 620 Herndon Parkway, Suite 115, Herndon, VA 20170. Tel (703) 435-6293. Fax (703) 435-6297. patrick@dalygray.com