K Partners Hospitality Group Honored at Marriott CFRST Owners Conference

SAN ANTONIO, June 3, 2009 – K Partners Hospitality Group, LP (K Partners) was one of a handful of recipients for the Developer of the Year Award and an Outstanding Contribution Award at the Marriott CFRST conference for select service and extended stay owners on May 3-5, 2009. The event, which took place at the JW Marriott Grande Lakes hotel in Orlando, Fla. was attended by 300 representatives from companies that either own or franchise one of the five Marriott brands, including Courtyard, Fairfield Inn and Suites, Residence Inn, SpringHill Suites and TownePlace Suites.

The Developer of the Year award recognizes companies possessing an ability to grow, with multiple properties and projects open and in development. The company must also demonstrate multi-state involvement, operating hotels in two or more states.

The Outstanding Contribution Award honors companies that strive to operate to Marriott’s highest guest standards. The company must also achieve overall Marriott brand success, aligning independent branding with Marriott objectives and embodying the spirit of the Marriott philosophy, which states: “Take Care of the Associate and the Associate will take care of the Guest.”

“It is an honor to be recognized by Marriott and to be named among some of the top owners in the business,” said Mark Crisici, executive vice president of investments and development for K Partners. “We value our strong relationship with Marriott and are proud to be recognized for our commitment to the brand. The Marriott philosophies naturally coincide with those of K Partners, making measured, strategic growth and positive guest feedback the staples of our partnership.”

About K Partners
K Partners Hospitality Group, LP specializes in the development, construction, management and operation of hotel properties throughout the United States. K Partners has forged relationships with some of the biggest names in the industry, including Hilton, Marriott and Intercontinental Hotels. The company currently owns and operates a portfolio of 15 hotels with plans to have approximately 25-30 hotels by the end of 2009 and 35-40 by the end of 2010.

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Amanda Ming
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