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Crestline Hotels & Resorts Announces the Appointment of Christopher E. Flagg as Senior Vice President of Business Development

FAIRFAX, Va., May 28, 2013 (GLOBE NEWSWIRE) -- James Carroll, President & CEO of Crestline Hotels & Resorts, today announced the appointment of Christopher E. Flagg as Senior Vice President of Business Development. Mr. Flagg will be responsible for pursuing new management contracts for Crestline's growing management business. Crestline Hotels & Resorts is among the leading hospitality management companies in the U.S. and is actively seeking to continue growing its current portfolio of more than 44 managed hotels, resorts and conference facilities in the U.S. and Caribbean.

Before joining Crestline, Mr. Flagg was Director of Development for the Waterford Hotel Group. During his tenure with Waterford he helped create and execute a new business development plan aimed at procuring new management contracts through strategic private-equity partnerships and contract acquisitions. Mr. Flagg's extensive business development background also includes serving as Managing Director, Definitive Consulting Group; Vice President of Development, HEI Hotels & Resorts; and Vice President of Acquisitions & Development, Ocean Park Hotels.

"Chris brings tremendous knowledge and experience of the lodging industry and access to new development strategies," said James Carroll. "His appointment comes at a time when our company is perched for rapid expansion. We have been very successful at launching new brands, re-positioning and renovating assets as well as managing quality brands and unique independent hotels. We look forward to having Chris further enhance our portfolio," added Carroll.

Mr. Flagg holds a Masters in Management of Hospitality from Cornell University, School of Hotel Administration, and a B.A. in Business and Economics from Westmont College, Santa Barbara, CA. He is active member of the Cornell Hotel Society and other business organizations. He can be reached via email at Chris.Flagg@crestlinehotels.com.

About Crestline Hotels & Resorts, Inc.

Crestline Hotels & Resorts, Inc. is one of the nation's largest independent hospitality management companies. Founded in 2000, the company presently manages 44 hotels, resorts and conference and convention centers with nearly 7,600 rooms in 10 states, the District of Columbia and Grand Cayman Island. Crestline Hotels & Resorts manages 9 independent properties in major US and Caribbean markets including Atlanta, Richmond, Washington D.C. and Grand Cayman Island. Crestline also manages properties under such well-regarded brands as Marriott, Hilton, Westin, and Crowne Plaza. For more information visit: www.crestlinehotels.com.

Note: Certain matters discussed herein are forward-looking statements within the meaning of the Private Litigation Reform Act of 1995. Certain, but not necessarily all, of such statements can be identified by the use of forward-looking terminology, such as "believes," "expects," "may," "will," "should," "estimates" or "anticipates" or the negative thereof or comparable terminology.

CONTACT: Gayle MacIntyre Global Ink Communications 404-643-8222 gaylemacintyre@aol.comSource:Barcelo Crestline Corporation & Crestline Hotels& Resorts

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