First Hospitality and RockBridge announce opening - Hotel & Motel Management
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First Hospitality and RockBridge announce opening

H&MM Week In Review

COLUMBUS, Ohio, April 29, 2008 - RockBridge Capital, LLC and First Hospitality Group, Inc., today announced the opening of the Hampton Inn & Suites in Columbus, Ohio. Robert Habeeb president of First Hospitality Group made the announcement.

The 145-room, five-story hotel is a joint-venture partnership between RockBridge and Continental Real Estate. Rosemont, Ill.-based First Hospitality Group, a developer, owner and operator of hotel properties throughout the Midwest, will manage the hotel.

The hotel is convenient to several local attractions, including The Ohio State University and Easton Town Center, a premier shopping, dining and entertainment facility. In addition, guests can enjoy an array of amenities, such as a business center, indoor pool and spa, fitness center, complimentary "On the House Hot Breakfast," and wired HSIA and WiFi.

An innovator and leader in the industry, the new Hampton Inn & Suites will feature stylish and contemporary oversized guest rooms and suites with Hampton's luxurious "Cloud Nine" beds and linens, 32" LCD high-definition televisions and large work desks. The suites will feature a microwave and fridge in each room, along with a sitting area and sofa bed.

"We are pleased to enter into this partnership with RockBridge," said Habeeb. "They have extensive expertise and knowledge in the industry and have proven to be an excellent business collaborator. Following the successful opening of the Hampton Inn & Suites, we look forward to continuing this mutually rewarding partnership with them now and on future opportunities."

About First Hospitality Group

First Hospitality Group Inc. has been involved in the development, ownership, and management of hotels since 1985. Currently, the First Hospitality Group, Inc. portfolio of over 30 hotels consists primarily of Hilton and Marriott affiliated assets. In addition, First Hospitality Group, Inc. has ownership interests and manages hotels affiliated with InterContinental, Wyndham, and Radisson. For further information contact Lucy Subhasiriwatana, Marketing Manager at 847-939-5221 or lucy@fhginc.com.

About RockBridge Capital

RockBridge provides capital to the hospitality industry through its RockBridge Hospitality Funds and First Mortgage Investment Program. The principals of RockBridge have formed and managed eight closed-end real estate funds with both institutional and private investors. Focused on creating value for their hotel operating partners, RockBridge invests first mortgage, mezzanine, and equity capital in hotels throughout the U.S. Since 1992, RockBridge has invested more than $2.5 billion in over 300 assets nationwide with aggregate transaction capitalization of nearly $4.5 billion. For additional information about RockBridge Capital, contact James T. Merkel at (614) 246-2505 or visit www.rockbridgecapital.com.

About Hampton Hotels

Hampton, which includes Hampton Inn and Hampton Inn & Suites hotels, is a mid-priced leader in the lodging segment. Hampton is part of Hilton Hotels Corporation, the leading global hospitality company, with more than 2,900 hotels and 500,000 rooms in 78 countries and territories, including 105,000 team members worldwide. The More than 2,300 hotels are owned, managed or franchised in North America with company owns, manages or franchises a hotel portfolio of some of the best known and highly regarded brands, including Hilton, Conrad, Doubletree, Embassy Suites Hotels, Hampton Inn, Hampton Inn & Suites, Hilton Garden Inn, Hilton Grand Vacations , Homewood Suites by Hilton and The Waldorf-Astoria Collection. The Hilton Family of Hotels adheres to founder Conrad Hilton's philosophy that, "It has been, and continues to be, our responsibility to fill the earth with the light and warmth of hospitality." The company put a name to its unique brand of service that has made it the best known and most highly regarded hotel company: be hospitable. The philosophy is shared by all brands in the Hilton Family of Hotels, and is the inspiration for its overarching message of kindness and generosity. Hilton Hotels Corporation's sponsorship of the U.S. Olympic Team will extend through the 2008 Olympic and Paralympic Games in Beijing, China, and includes the 2008 U.S. Paralympic Team(s) and the 2007 U.S. Pan-Am Team. For more information about our company, please visit ww.hiltonworldwide.com and to learn more about our be hospitable philosophy, please visit behospitable.com.

CONTACT: Amanda Ming/ 248.258.2333/ aming@identitypr.com

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