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March 30, 2011
First Marriott Hotel Opens in Downtown Cincinnati –
Event marks first hotel opening in downtown Cincinnati
in nearly 30 years
CINCINNATI – March 30, 2011 – Western & Southern Financial Group, Eagle Realty Group and Winegardner & Hammons celebrated this morning the opening of the newest hotel in downtown Cincinnati – Residence Inn at the Phelps – with a ribbon cutting ceremony. The Residence Inn is the first Marriott branded hotel ever to open in downtown Cincinnati.
"The opening of the Residence Inn at the Phelps is yet another piece of our plan and commitment to make the eastern corner of downtown a very exciting place to work and live," said John F. Barrett, chairman, president and chief executive officer of Western & Southern. "We needed a high-quality extended-stay hotel to serve the many businesses located in this area."
The new hotel features 134 one- and two-bedroom residential-style suites with 60 percent more space than traditional hotel rooms. Each spacious suite features separate living and working spaces; a fully equipped kitchen; complimentary in-room high-speed Internet access; a large, well-lit work desk with ergonomic seating; and flat panel high definition TVs.
Guest amenities include a complimentary HomeTouch breakfast featuring an extensive hot breakfast buffet; 24-hour coffee service; evening entertainment and other events in the lobby bar; a large fitness center; and The Market, which provides guests 24/7 access to a food and beverage pantry – all cornerstones of the Residence Inn by Marriott experience.
"My colleagues at Western & Southern Financial Group and Eagle Realty Group are delighted to bring the first Marriott branded hotel to downtown Cincinnati," said Mario San Marco, president, Eagle Realty Group. "The Residence Inn that has been redeveloped in the Phelps Building is not only convenient to many businesses, but it will also prove to be one of the highest quality extended stay hotels in the Midwest. In addition, we have already observed many synergies between the hotel and the nearby reception facilities offered by the University Club, Queen City Club, and the Taft Museum," he added.
About Eagle Realty Group
Eagle Realty Group offers a comprehensive range of services covering three core real estate areas. Investment Management offers asset management and investment advisory services. The company's expertise in real estate development and management are documented by an array of successful ventures ranging from hotels to shopping centers to low-income housing to senior housing and office buildings. In addition, Eagle Realty Group's Multi-Family Property Management Division serves apartment communities and Eagle's Commercial Property Management Division provides property management services. The organization oversees investment portfolios consisting of over 32 million square feet of all types of real estate located across the United States and valued in excess of $2.7 billion.
www.eaglerealtygroup.com
About Western & Southern Financial Group
Western & Southern Financial Group is a Cincinnati-based diversified family of financial services companies with assets owned, managed and under our care in excess of $51 billion as of Dec. 31, 2010. A Fortune 500 company, Western & Southern has received Standard & Poor's AA+ Very Strong rating (one of the eight strongest life insurance groups in the world), A.M. Best's A+ Superior rating, Fitch's AA Very Strong rating and Moody's Aa3 Excellent rating, all with a Stable outlook. Its heritage dates back to 1888 with the founding of The Western and Southern Life Insurance Company. For more information, visit www.westernsouthern.com.
About Winegardner & Hammons, Inc.
Winegardner & Hammons, Inc. (WHI) has more than 50 years as a full-service hotel management company with a reputation for progressive and successful hospitality management. The WHI owned/managed portfolio includes resorts, all-suite, extended-stay, full service and conference center hotels in many diverse markets across the United States. WHI currently manages over 25 hotels in the United States and is affiliated with most major hotel brands including Marriott, Hilton and Intercontinental Hotel brands. WHI is an 11-time recipient of Marriott International's Partnership Circle Award. For more information on WHI, visit www.whihotels.com.
About Marriott International, Inc.
MARRIOTT INTERNATIONAL, INC. (NYSE:MAR) is a leading lodging company with more than 3,400 lodging properties in 68 countries and territories. Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Bulgari brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club, The Ritz-Carlton Destination Club, and Grand Residences by Marriott brands; licenses and manages whole-ownership residential brands, including The Ritz-Carlton Residences, JW Marriott Residences and Marriott Residences; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. The company is headquartered in Bethesda, Maryland, USA, and had approximately 137,000 employees at 2009 year-end. It is recognized by FORTUNE® as one of the best companies to work for, and by Newsweek as one of the greenest big companies in America. In fiscal year 2009, Marriott International reported sales from continuing operations of nearly $11 billion. For more information or reservations, please visit our web site at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.
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