Hotel & Motel Management Magazine Launches Summit for Distressed Hotels

CLEVELAND, June 29 /PRNewswire/ -- Hotel & Motel Management magazine, part of
the HotelWorld Network, is pleased to announce the launch of The Distressed
Hotel Summit for hospitality industry professionals to be held October 12-13,
2009, in Washington D.C.

"We've seen the hospitality industry struggle with economic uncertainty and
downturns in 2009, leading to distressed properties and assets that need to
handled and managed appropriately," says Stacy Silver, Executive Director of
Digital Media, HotelWorld Network. "The new Distressed Hotel Summit will bring
together all the special servicers, lawyers, management companies, lenders,
owners and buyers who have a stake in these hotels and give them the
information they need to move forward."

Scheduled to be held at the Sheraton Crystal City, the Summit kicks off with
an opening general session discussing an overview of the market followed by a
panel led by hospitality professionals entitled "View from the Top." An
evening meet and greet reception will close the first day and allow attendees
to network among themselves and sponsors. The second day will include a
comprehensive combination of break out topics and general sessions along with
exhibit hours to meet with the sponsors of the event. Topics to be covered
include foreclosures/distressed hotels and what options may be available,
management agreements, financing strategies and updates as well as franchise
issues including renegotiations, contracts and the cancellations of flags.

"The Distressed Hotel Summit is a great opportunity to get everyone involved
in distressed hotels and assets in one room to educate them on all the ins and
outs of the process. It also allows attendees the chance to make connections
that will go beyond the event and translate into valuable business
relationships," stated Matt Waddell, Publisher, HotelWorld Network. "Our
mission is to serve the hotel investment community by addressing the enormous
potential available involving distressed hotels especially as the economy
starts its upswing."

Register now! Visit us for more information about registration, the summit,
networking reception and sponsorship opportunities.

SOURCE Hotel & Motel Management magazine

Christina Harrison of Hotel & Motel Management magazine, +1-216-706-3770,
charrison@questex.com