Division of Leawood, Kansas, Leisure Group of Companies ranks in HOTEL BUSINESS®

Friday, December 19 2003 1:57 PM

(LEAWOOD, KS) -- Steve Olson, President and CEO of the Leisure Group of Companies, proudly announced today that its Leisure Development LLC division merited a number 84 ranking in the HOTEL BUSINESS® Top 100 Owners and Developers national list (September 7, 2003) and that its Leisure Real Estate Advisors division was included and quoted in an October 7, 2003, feature story on the future of hotel brokerage.

Olson commented, “To be in the Top 100 list of Owners and Developers with companies such as Host Marriott, John Q. Hammons Hotels, and Outrigger Enterprises is quite a recognition. It is a testament to our rapid growth, as the rankings were based on the number of actual rooms owned and developed in 2002. We adopted an aggressive and expanded growth policy last year that we are continuing, and we look forward to boosting our ranking in the future.

Our inclusion in the HOTEL BUSINESS® “Brokers Find Active Property Transaction Market” feature story also signifies regard for Leisure as an industry leader, and we are very proud of this reputation. As quoted in that story, activity and inquiry (through Leisure Real Estate Advisors) remain high, so our outlook is positive. Leisure will continue its commitment to quality performance in the various aspects of our work in the hospitality industry, and we look forward to our continued upward escalation in all divisions.”

Leisure Hotels & Resorts is a third-party management group that operates as a division of Kansas-based Leisure Group of Companies, which specializes in the development, management and brokerage of hotels in the limitedsuite-, resort- and full-service markets. Employing more than 700 people, it is one of the industry’s fastest growing multi-faceted hotel companies in the U.S., with offices in the Kansas City Metro area and in Hutchinson, Kansas. Using the latest in technological developments, Leisure Hotels & Resorts provides its hotels with complete operational and financial services, as well as extensive human resource training and development. Leisure is consistently recognized among the top owners/developers and management companies in the nation by leading industry publications.

Leisure Hotels, LLC manages twenty-four (24) hotels in Kansas, Iowa, Missouri and New Mexico. It comprises a variety of well-known brands, including Holiday Inn Express Hotel and Suites, Hampton Inn, Hawthorn Suites, Microtel Inn and Suites, Best Western, Days Inn and Super 8. Additional Leisure managed properties are set in Kansas in 2003 and 2004, as well as Minnesota in 2004. For additional information about the Leisure Group of Companies and its services, visit the company’s website at www.leisurehotel.com or contact the company directly at 913-905-1460.

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