Real Estate Forum - March 2008

2nd Annual

Waldorf Astoria, New York City

The hotel market is navigating choppy waters as a result of the credit and liquidity crisis. Assess the investment and financing climate first-hand at a “can’t miss” event, RealShare Hotel Investment & Finance Summit.

FEATURE PRESENTATION S “RealShare Power Lunch” Economic Update: Finding Opportunity in Economic Mike Medzigian Uncertainty _Chuck _HenryChairman&Managing _PresidentPartner Dr. Sam Chandan Hotel Capital Advisors ^Watermark ^Capital ^{Chief Economist}Partners Reis, Inc.

FEATURED SPEAKERS

Keith Biumi Navin Dimond Crowne Plaza Hotels and Resorts Stonebridge Companies Joel Buckberg Greg Friedman Baker, Donelson, Bearman, Specialty Finance Group, LLC Caldwell & Berkowitz, P.C. Patrick Ford Mike Cahill Lodging Econometrics HREC-Hospitality Real Estate Counselors John S. Hamilton Anthony Capuano PyramidAdvisors Marriott International Charles S Henry Dr. Sam Chandan Hotel Capital Advisers, Inc ^Reis, ^Inc.Matthew Landau Geoffrey Davis Westport Capital Partners HREC Investment Advisors Mark V. Lomanno Jan DeRoos Smith Travel Research Cornell University School of Hotel Administration

Daniel Lesser
CB Richard Ellis
James Luchars
AEW Capital Management, L.P.
Michael Medzigian
Watermark Capital Partners
Nelson Migdal
Greenberg Traurig
Greg O’Stean
GE Commercial Fiance
Ashwin Patel
Southwest Hospitality Management, LLC
Tarun Patel
Penta Hospitality

David Pepper Choice Hotels Thomas Prins Gemstone Resorts International Bernie Siegel KSL Capital Partners Stephen Van Prism Hotel Management Company Jack vanHartesvelt Kennedy Associates Real Estate Counsel Gary Wisinski MCSAM Hotel Group, LLC

SPONSORS: as of 3/12/08

Alliance Hospitality Management Aries Hospitality Group, LLC Carlson Hotels Worldwide Cornell University School of Hotel Administration Credit Suisse Intercontinental Hotel Group Lodging Econometrics