Dow Hotels Promotes Three Executives

Levy Elevated to SVP, King and Fincannon to VP

SEATTLE--(BUSINESS WIRE)--The Dow Hotel Company, LLC (DHC), a hotel ownership, investment and management company, today announced the promotion of three key executives, signaling the company’s continued evolution in the luxury hotel and resort arena.

“As the hotel industry changes and our company grows, developing specialized areas of expertise has become increasingly important to the success of our owned and managed hotels”

“As the hotel industry changes and our company grows, developing specialized areas of expertise has become increasingly important to the success of our owned and managed hotels,” said Murray Dow, chief executive officer of The Dow Hotel Company. “Each of these individuals has played a key role in our company’s success over the last decade. These promotions are important next steps in positioning our company for future growth and well-deserved recognition for valued members of our team.”

The promotions are:

• Robert Levy - Senior Vice President, Asset Development Division
  Levy joined DHC in 2001 and will now assume administrative responsibilities for capital improvements, in addition to underwriting new development projects, coordination of property transition and quarterly asset review. He also will handle all brand relations for DHC and working closely with them to form and change policies.

• Randall King - Vice President of Corporate Marketing and Development
  King joined DHC in 2001 as the general manager for the Embassy Suites O’Hare. In his new role, he will oversee revenue generation for all hotels and serve as a liaison with equity partners on all hotel revenue matters. King also will focus on marketing Dow Hotel Corporation for new business, investment partners and management contracts.

• David Fincannon – Vice President of Operations
  Fincannon, who joined DHC in 2003 as general manager of the Embassy Suites O’Hare, now will be responsible for the day-to-day operations of the entire DHC portfolio, ranging from full profit and loss responsibilities to owner relations and property-level associate relations.

About The Dow Hotel Company

Founded in 1997, Seattle-based The Dow Hotel Company is a hotel owner/investor and operator of 12 first-class, full-service hotels with properties throughout the United States. The company’s portfolio of owned and managed properties consists of institutional-grade hotels, under such brands as Marriott, Hilton, Embassy Suites, Doubletree, Sheraton, and Crowne Plaza. The company aggressively seeks to acquire, co-invest with joint venture partners and/or manage mid- to large-size, first-class, full-service hotels, especially those with extensive food and beverage capabilities.

The company currently operates food and beverage facilities around the nation, ranging from casual dining to upscale, bars/lounges with Starbucks and Tully’s coffee outlets. In addition to Basil’s Kitchen, the division’s proprietary restaurant concepts also include SunSpot, BC Bistro, and Basil’s Bistro. Additional information about The Dow Hotel Company may be found at www.dowhotelco.com.