VESTA Executive Housing

Cincinnati, OH

Robin Burket, robin@vesta1.com

Members in the News

Jonathan Butcher Named General Manager of Marriott ExecuStay-Southern California

September 30, 2008 - We are pleased to announce Jonathan Butcher as the general manager of Marriott ExecuStay-Southern California. Marriott ExecuStay is the corporate housing division of Marriott International, Inc. (NYSE: MAR).

Butcher, a veteran of the corporate housing industry and the Southern California market, is responsible for overall market management including expanding corporate and government segment business; developing hotel, vendor and housing community partnerships and directing all operations and business functions. He's supported by an extensive in-market sales, operations and administrative team.

“We have set aggressive goals to help us become increasingly more visible,” says Butcher. “Over the past few months, our team has done a stellar job in moving the needle towards our goals, which include building brand loyalty with our customers.”

“We are thrilled to have Jonathan leading our Southern California market team,” said Adam Sherer, vice president of Marriott ExecuStay.  “I am fully confident in this team's abilities to drive sales and promote ExecuStay in Southern California.”

Butcher has an undergraduate degree in organizational and behavioral psychology from Lee University in Cleveland, TN.

CONTACT:

Jonathan Butcher, jonathan.butcher@marriott.com, (626) 304-6400

Marriott ExecuStay-Southern California

Marriott ExecuStay Now Offers Online Reservations

Book online through the end of the year and earn 2,500 Marriott Rewards® points

BETHESDA, MD – October 1, 2008 – Marriott ExecuStay®, a leader in temporary housing, now offers online reservations on ExecuStay.com with the new Book Online Now feature.

This innovative feature was developed based on customer feedback. Marriott ExecuStay customers want the ability to book their temporary housing in the same convenient way they book their Marriott hotel rooms. With Book Online Now, guests can book Marriott ExecuStay corporate apartments online, 24-hours a day, 7 days a week.

Book Online Now offers:

•  Simplified reservation process

•  Immediate confirmation

•  Real-time inventory

“We are proud that Marriott ExecuStay is on the technology forefront for the temporary housing industry,” said Adam Sherer, Vice President, Marriott ExecuStay. “Customers asked for a more simplified, hotel-like booking experience; we are happy we have answered that request. Now our guests can book the same, easy way they do on Marriott.com.”

While Marriott ExecuStay guests always have the ability to earn Marriott Rewards points on qualifying charges, now they can receive an additional 2,500 bonus points when they use the Book Online Now feature between October 1, 2008 and December 31, 2008. Visit ExecuStay.com for more information and terms and conditions.

CONTACT:

Jeff Flaherty, jeff.flaherty@marriott.com, (301) 380-6954

Marriott International, Inc.

BridgeStreet Worldwide Announces Agreement with Grosvenor Estates
Company to Offer Luxury Serviced Apartments at the New Liverpool ONE Development

LONDON - October 15, 2008 - BridgeStreet Worldwide is pleased to announce that it has signed a 10-year agreement with Grosvenor Estates, for Liverpool ONE. As a leading international provider of serviced apartments, BridgeStreet will offer 77 one- and two-bedroom apartments within the £1bn shopping and residential development at the heart of the city centre.

“We are delighted to have been chosen as the serviced apartment operator for this exciting new project,” said Stephen Hanton, managing director of Europe, the Middle East and Africa (EMEA) and chief operating officer of BridgeStreet Worldwide. “Liverpool is a diverse city with a flourishing business community and a high demand for extended stay accommodations. The Liverpool ONE development creates an opportunity to provide our clients with upscale, furnished apartments in a thriving new area of the city.”

Covering 42 acres at the heart of the city, Liverpool ONE will contain over 30 individually designed buildings in five distinct districts, each with a different character, offer and design. The development reflects consumer and retailer demand, and places Grosvenor and its partners at the forefront of urban regeneration.

Chris Taite, fund manager for the Grosvenor Liverpool Fund, added, “The residential element within Liverpool ONE will help ensure its long term economic success for the benefit of all stakeholders. BridgeStreet’s solid reputation and global client base will help to achieve this goal.”

“Liverpool is the perfect city to complement BridgeStreet Worldwide’s existing portfolio of properties throughout the UK,” said Max Thorne, BridgeStreet Worldwide's vice president of development EMEA. “We are excited about forming a relationship with Grosvenor Estates and the future opportunities for both companies to work together again as we move forward with our strategic expansion plans for EMEA.”

CONACT:

Development Inquiries:
Max Thorne, max.thorne@bridgestreet.com, +44 (0) 20 7792 2222

Press:
Kelly Murphy, kelly.murphy@bridgestreet.com, (813) 909-2445
Jo Layton, jo.layton@bridgestreet.com, +44 (0) 20 7313 2861

Oakwood Worldwide Adds Additional Luxury Property to Global Portfolio -- Oakwood Premier Prestige Bangalore
Ten Additional Oakwood Properties Slated to Open in India Over Next Two Years

LOS ANGELES, CA - October 29, 2008 - Oakwood Worldwide, the leading, global temporary housing provider, today announces the opening of the Oakwood Premier Prestige Bangalore property, its newest five star premier property, offering a lush environment, impeccable amenities and service offerings along with convenient access to the center of Bangalore, India. Oakwood plans to add an additional ten properties in the country by 2010 including locations in Mumbai and Pune, and future plans include properties in Chennai, Hyderabad, Kerala and New Delhi.

"Oakwood Premier Prestige Bangalore combines the most elegant apartment amenities with luxury hotel service and is designed for the upscale international traveler," says Frank Foster, Vice President, Marketing and Sales, Oakwood Asia Pacific. "Distinctive from a hotel, the serviced apartments at Oakwood Premier locations are designed for extended-stay residents and are well-equipped to handle the needs of relocating families, with services such as hospital referrals, a resident activity program and round-the-clock service. In many cities across India, these services and facilities have hosted corporate and leisure visitors and shown them the benefits of serviced apartments over hotels."

Oakwood Premier Prestige Bangalore is centrally located in UB City, the largest commercial property project in Bangalore, and provides a five star luxury experience for residents blending the comfort of a home-away-from-home feel with hotel-style services, making the Prestige Bangalore the new benchmark for luxury and service in Bangalore. Housing 177 modern and fully equipped studio, 1-bedroom, 2-bedroom and 3-bedroom apartments, this up-scale serviced apartment provides a gamut of lavish facilities and amenities including:

• On-site five star restaurant and room service
• Health club including spa and state-of-the art fitness center
• Expansive rooftop swimming pool including a separate pool for children
• Modern business center and services
• 24-hour front desk and round-the-clock service
• Airport limousine pick-up
• Rooftop helipad
• Laundry and dry cleaning services

The leisure traveler will also enjoy the proximity of Oakwood Premier Bangalore to the many tourist attractions including Cubbon Park, Lal Bagh, Museum, Vidhan Soudha and Iskcon Temple as well as its location to shopping areas such as MG Road, Brigade Road and Commercial Street.

Gurmit Singh Chaudhri, General Manager of Oakwood Premier Prestige Bangalore adds, "The location of this new property is ideal for both corporate and leisure markets. Bangalore, the hub for information technology, attracts business travelers and expatriates from across the world who need a convenient base in the central area of the city, which is well connected to all the major offices and a short drive to major industrial and IT development zones."

Globally, Oakwood has relationships with 85% of the Fortune Global 500, many who have entrusted their accommodation needs exclusively with Oakwood out of a commitment to a superior product and the "gold standard" of service excellence met at every Oakwood around the world.

If you would like to share news and other events in the corporate housing community, please forward that information to Amanda Cook, CHPA Director of Membership and Marketing, at acook@chpaonline.org.