BAYSTAR HOTEL GROUP ANNOUNCES MANAGEMENT CONTRACT

TAMPA, FLA. (Oct. 2, 2007) — BayStar Hotel Group, LLC, a Tampa-based hotel development and management company, has been retained to manage two hotels for the Bayshore Group, a Tampa-based real estate developer and owner of office buildings.

Located in the greater Tampa Bay area, the hotels are the Best Western Brandon Hotel & Conference Center, 9331 E. Adamo Drive, and Lakeland’s Holiday Inn Hotel and Conference Center on Interstate 4 and US Highway 98. BayStar took over responsibility for day-to-day operations and marketing in the second quarter of 2007. An award- winning franchisee of InterContinental Hotels Group, BayStar owns and operates several hotels in the state and has provided management and marketing services for third party owners, lending institutions and private investment groups throughout the region.

BayStar Hotel Group is overseeing a $1 million renovation on the 117-room Brandon Best Western, which will be completed a little later this month. The Lakeland Holiday Inn with its 157 rooms, restaurant, and meeting rooms is the winter home for the Detroit Tigers baseball team.

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