Renaissance St. Louis Airport debuts following renovation

ST. LOUIS, Mo., Oct. 29, 2007 - Officials of Davidson Hotel Company (DHC), one of the nation's largest hotel management companies, today announced it has re-launched the Renaissance St. Louis Airport Hotel as the city's premier meeting facility following the completion of a $7 million renovation program. Davidson has managed the property since June, 2006.

Highlights of the major upgrade to the 393-room property are the 37,000-square-foot, state-of-the-art conference and meeting space and elegant redesign of its signature twelfth-floor ballrooms. The hotel can accommodate groups ranging from 12 to 1,200. To commemorate the re-launch of the hotel, the landmark property noted for its curved architecture will offer a 20 percent discount on holiday celebrations through the 2007 fourth quarter.

"This hotel was originally designed as an avant-garde addition to the St. Louis cityscape," said Bill Fontes, hotel general manager. "However, somehow it lost its identity over the years. This renovation totally restores the property as the city's market leader in meeting and convention space, in addition to providing St. Louis with its most elegant ballrooms. We're re-launching with the kind of sophisticated, multi-purpose facilities that will create memorable meetings and social events, as well as provide first-class accommodations for both business and leisure travelers."

The $7 million renovation includes state-of-the-art technology and sound systems in each of the 32 rooms of flexible meeting space, in addition to new carpeting, wall vinyl and furniture. The property's 11 boardrooms, which accommodate up to 12 people, have been upgraded with contemporary boardroom tables and ergonomic chairs. The renovations also include a refurbished fitness center with $100,000 of new equipment and a refinished indoor/outdoor pool.

The crown jewel of the upgrade is the hotel's twelfth floor. The Renaissance and Penthouse ballrooms, which overlook the runways of Lambert International Airport and can accommodate between 300 and 400 people, have been renovated to host the city's finest business and social events and celebrations. Guest room accommodations were totally upgraded to include Renaissance's signature pillow-top mattresses, stylish work and seating areas, multiple phone lines and high-speed, wireless Internet access. The renovation was finalized with a complete refreshening of the hotel's lobby and dining facilities. The guestrooms will be further enhanced in Jauary 2008 to include 32" HD plasma screen televisions, new dressers, work desks and ergonomic task chairs.

The T-Bone Trattoria, the property's on-site Italian steakhouse, is still offering St. Louis's best steak dishes and the property's catering services feature top-of-the-line menu and presentation options for events and conferences. The Renaissance St. Louis Airport Hotel is located immediately off Interstate 70, adjacent to St. Louis Lambert International Airport and minutes from downtown. It is easily accessible to the famed St. Louis Gateway Arch, the Verizon Wireless Amphitheater, the St. Louis Science Center and the Mississippi river front. Steaming Starbucks lattes and an evening turndown service are all part of a first-class executive experience, in addition to a complimentary shuttle to Lambert International Airport.

About Davidson Hotel Company

Headquartered in Memphis, Tenn., Davidson Hotel Company is an award-winning, full-service hotel owner and third-party management company that provides management, development/renovation, acquisition, consulting and accounting expertise for the hospitality industry. The company currently owns and/or manages 31 upscale hotels with nearly 9,100 rooms across the United States, including such brands as Westin, Sheraton, Hyatt, Hilton, Hilton Garden Inn, Embassy Suites, Doubletree, Marriott, Renaissance, Crowne Plaza and Holiday Inn. Additional information on Davidson may be found at the company's Web site, www.davidsonhotels.com.

Contact: Cyndi Carl/ Davidson Hotel Company/ (901) 821-4155/ [email protected]

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