PREMIER HOSPITALITY INDUSTRY GATHERING — FOR THE FIRST TIME AT THE MARRIOTT MARQUIS HOTEL IN THE HEART OF NEW YORK’S TIMES SQUARE JUNE 6-8, 1999 New York, NY, April 12, 1999 - Reflecting the dynamic nature of the global hospitality industry, New York University’s 21st Annual Hospitality Investment Conference is moving to Times Square and the New York Marriott Marquis Hotel. The conference, hosted by the Center for Hospitality, Tourism, and Travel Administration at NYU’s School of Continuing and Professional Studies, is expected to draw more than 1800 hospitality executives. The annual conference is widely viewed by industry leaders as the premier hospitality event, valued for its networking opportunities and high-level contacts as much as for its workshops and seminars.

Jonathan M. Tisch, president and chief executive officer of Loews Hotels, will chair the conference for the fifth consecutive year. On Monday, June 7th, the luncheon address will be presented by news-anchor, author, and Peabody and Emmy Award-winner Tom Brokaw. Bob Pittman, president and chief operating officer of America Online, will present the luncheon address on Tuesday, June 8th.

At the awards luncheon on Monday, June 7th, hosted by NYU President L. Jay Oliva, the highly prized Stephen Brener Silver Plate Award will be presented to Joseph McInerney, chief executice officer, Pacific Asia Travel Association (PATA). On Tuesday, June 8th, the IREFAC C. Everett Johnson Award will be presented to J. W. Marriott, Jr., chairman of the board and chief executive officer, Marriott International, Inc. On Tuesday, the fourth annual “Deal of the Year” will be presented to acknowledge a transaction that has made a significant impact on the industry.

This year’s workshops will cover a wide-range of hospitality-related topics, including:

Industry trends and predictions Changes in design trends International market spotlights Boutique and theme hotels Hotel investment concepts Legal case studies Best hotel deals

The opening session of the conference, “The CEO’s Check In,” will feature:

Douglas G. Geoga, Hyatt Hotels Corporation Charles A. Ledsinger, Jr., Choice Hotels International Marilyn Carlson Nelson, Carlson Companies William R. Tiefel, Marriott International

A detailed program with a full list of workshops, panels and participants is attached.

The Center for Hospitality, Tourism and Travel Administration at NYU’s School of Continuing and Professional Studies was established in 1992 to respond to the industry’s burgeoning needs for education and professional training. Since then, it has grown rapidly in both size and reputation, now enrolling more than 400 students in a full range of undergraduate or graduate degree programs, certificate programs, and noncredit courses as well a series of highly respected industry forums.

The School of Continuing and Professional Studies at New York University was founded more than sixty years ago and is today the leading and largest institution of its kind in the nation, with annual enrollments of more than 60,000 in its many professional development and degree programs. Throughout, SCPS is focused on serving individuals at any stage of life, and on providing professional education across a wide spectrum of industries that continually demands new sets of high-level skills.

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