SHERATON ATLANTA HOTEL APPOINTS NEW DIRECTOR OF SALES AND MARKETING

ATLANTA, GA. (August, 2003) - In addition to the hotels recent expansion announcement, Paul Breslin, managing director of the Sheraton Atlanta Hotel is pleased to announce the appointment of Steve Houser to Director of Sales and Marketing. Houser brings over ten years of hospitality experience to his position and a dynamic energy to the hotels sales force.

As Director of Sales and Marketing, Houser will oversee all aspects of the downtown hotel, including managing his staff's efforts in selling the hotels 760 newly renovated guest rooms and suites as well as 83,000 sq. ft. of comprehensive meeting and event space.

Prior to joining the Sheraton Atlanta Hotel, Houser was Vice President of Sales and Marketing for Swissôtel Hotels and Resorts where he was responsible for global sales and marketing for Swissôtel properties in North and South America. Houser is a member of MPI, NBTA, PCMA, ATME.

"I am very excited about the potential of this unique hotel, including the accommodations, meeting and event space and special services that we can provide groups," said Houser. "My team and I are excited about spreading the word regarding our new expansion and guest room renovations."

The Sheraton Atlanta Hotel, owned by Amerimar Enterprises, Inc.and Angelo, Gordon & Co., is located in the heart of lively downtown Atlanta, two blocks from Peachtree Street. Featuring an eclectic mix of classic American designs and styles, the hotel redefines accommodations for the next century. Upon completion of the expansion, the hotel will offer 760 guest rooms and suites and a total of 83,000 sq. ft. of flexible meeting and event space. Beautiful ballrooms and break-out rooms flexibly accommodate a variety of events, supported by complete technical and A/V capabilities. In addition, guests can take advantage of an indoor/outdoor swimming pool and garden area; poolside bar; 24-hour, state-of-the-art fitness center and three restaurants including Fandangles, which features eight Georgia themed signature martinis and innovative American cuisine.