Renaissance Raleigh North Hills Hotel Wins AAA Four-Diamond Award, Named Hotel of the Year by Marriott International, Inc.

RALEIGH, NC – JUNE 13, 2011 – Officials of Concord Hospitality Enterprises, one of the nation’s top-ranked hotel developer/owner/operators, today announced that their flagship hotel, the Renaissance Raleigh North Hills Hotel, has received the coveted Four Diamond ranking from AAA. In addition, the hotel was named a Marriott International, Inc. 2010 Hotel of the Year. Concord Hospitality owns, developed and manages the hotel.

“It is a singular honor to be chosen from among more than 60,000 properties nationwide to receive the coveted AAA Four Diamond designation,” said Mark G. Laport, president and CEO of Concord. “To simultaneously be named a Marriott International Hotel of the Year as one of the company’s Renaissance Hotels is especially gratifying and a testament to the hard work and dedication of our associates.”

The AAA award is based on a property’s physical cleanliness and attractiveness, as well as the level of amenities, quality of service and hospitality. The Hotel of the Year Award by Marriott International, Inc., was earned from high scores the hotel received for associate leadership and market share, financing, and guest satisfaction.

“The hotel opened in 2009 and quickly established itself as a market leader,” Laport added. “Also, during its inaugural year, the Renaissance Raleigh North Hills Hotel won the 2010 Best New Product Award from Marriott International, Inc. The property continues to gain support from visitors to Raleigh, and we look forward to building on its award-winning reputation.”

Located at 4100 Main at North Hills Street, the Renaissance Raleigh North Hills Hotel anchors the North Hills shopping district and is near the Progress Energy Center for the Performing Arts. The property features an indoor swimming pool and whirlpool; more than 8,000 square feet of flexible meeting space; upscale casual dining at Flights Restaurant and Flights Cocktail Lounge; and complimentary privileges at Gold’s Gym next door. Guest rooms offer 37” flat-screen, high definition televisions; new bedding from Renaissance, featuring custom duvets, extra-large pillows and luxury linens; and complimentary high-speed wireless
Internet access.

About AAA

AAA is North America’s largest motoring and leisure travel organization and provides more than 52 million
members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-forprofit,
fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at

RENAISSANCE HOTELS is an upscale brand with more than 145 properties in 32 countries that speaks to passionate
travelers in search of authentic local discoveries when traveling for business or leisure. Renaissance Hotels has
recently welcomed several new “gems” to its global collection – the boutique Renaissance Malmo hotel in Sweden,
the historic Stanford Court hotel in San Francisco, the exotic Renaissance Curacao Resort & Casino in the Dutch
Caribbean, the opulent Renaissance Bangkok Ratchaprasong Hotel and the modern Renaissance Beijing Capital
Hotel. These hotels join a rich portfolio defined by distinctive and well -known icons, such as the Eden Roc
Renaissance Miami Beach, La Concha Renaissance San Juan, Renaissance New York Hotel 57 and Renaissance Paris
Arc de Triomphe. All Renaissance hotels participate in the award winning Marriott Rewards® frequent travel
program that allows members to earn hotel points or ai rline miles for every dollar spent during each stay. To make
reservations and for more information, visit Follow Renaissance on Facebook at, on Twitter at, and via the RLife blog at

About Concord Hospitality
Concord Hospitality Enterprises Company, an award-winning hotel management and development company based
in Raleigh, N.C., manages or has under construction more than 80 hotels, offering more than 10,000 guest rooms
in 21 states and two Canadian provinces. The company operates hotels and resorts under such well -known
industry elite brands as Marriott, Hilton, Hyatt, Starwood, IHG and Choice Hotels, as well as select independent
boutique hotels.Formed in 1985, Concord recently was ranked as one of the top management companies in the
nation by independent sources. Concord properti es are some of the most awarded hotels in the country, having
won a number of top honors for operating and development excellence in the past two years alone, including
Marriott’s Hotel of the Year and Developer of the Year, and Best Opening of the Year awards. For more
information, visit