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PRESS RELEASE - Stanford Hotels Corporation

October 4, 2002

FOR IMMEDIATE RELEASE

Contact:

Clyde E. Guinn, 
Senior Vice President - Operations
Stanford Hotels Corporation

MERCEDES I. CAMACHO
APPOINTED GENERAL MANAGER OF
THE RESIDENCE INN BY MARRIOTT, PLEASANTON, CA

SAN FRANCISCO, CA

STANFORD HOTELS CORPORATION is pleased to announce the appointment of Mercedes I. Camacho as General Manager of the Residence Inn by Marriott, Pleasanton, California. Mrs. Camacho, a graduate of Northeastern Illinois University, Chicago Illinois, has twelve years of experience in the hospitality industry. She began her career as an Assistant Front Office Manager with a Marriott Suites Hotel in Elk Grove Village, Illinois, and moved through various management positions within Park Hyatt and Mandarin Oriental hotels to the position of General Manager of the Courtyard by Marriott, Oakland, California.

Mrs. Camacho's demonstrated experience and skill at managing a culturally diverse staff and her emphasis on a Team Ethic to exceed customer service expectations will serve her well as she assumes the overall responsibility for the operation of the Residence Inn by Marriott, Pleasanton Hotel, where her main goal will be to establish and maintain the expected standards for guest service while increasing company revenues.

The Marriott Residence Inn in Pleasanton, California is located in the burgeoning business area of the I-580 & I-680 junction of Alameda County. The 3-floor Residence Inn has 135 extra spacious extended-stay suites with a separate living/dining room and bedroom. Three meeting rooms in more than 2,000 square feet provide extra options for business needs. Plus the office center is fully equipped and makes secretarial services available when needed. With all its extra services and amenities, it's the ideal lodging for guests in transition to a new community as well as business travelers on a tight schedule.

Stanford Hotels is a mid-size, owner-operated company that specializes in the development and management of high quality, full service hotels using a variety of franchise brands. Stanford's 17 properties with 4,300 guest rooms span 6 time zones throughout the U.S. and comprise 7 top global brands including Marriott, Sheraton, Hilton, Holiday Inn and Radisson.

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