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Capitol Hill Suites, in the Heart of the Capitol Hill Neighborhood, Unveils Complete Renovation

Washington, DC, May 9, 2008 – Capitol convenience and classic comfort has been redefined on Capitol Hill with the renovation of the Capitol Hill Suites. The hotel is managed by Hospitality Management Advisors and owned as a joint venture between Wright Investment Properties and AEW Capital Management. Hospitality Management Advisors is the management arm of Wright Investment Properties.

The hotel, which began as apartments in the 1950s and was converted into a hotel in 1981, has undergone a multi-million dollar renovation. The result is a 95,000 square feet, all-suite upscale boutique hotel in the heart of the Hill neighborhood that combines the classic feel of the Hill and the modern comforts travelers expect.

Whether visiting Washington for business or pleasure, Capitol Hill Suites provides guests with comfortable, home-like accommodations in an unbeatable location. The hotel is located across the street from the Library of Congress, and within two blocks of the U.S Capitol Building, the House of Representatives, the Senate and the U.S Supreme Court, among others.

"Capitol Hill Suites invites travelers to experience the Hill the way it was meant to be experienced –the way our forefathers have experienced it for nearly 220 years – without sacrificing today's travelers' need for convenience and comfort," said Ian Harvey, General Manager. "At Capitol Hill Suites, guests are within walking distance of Washington's most popular and important destinations, but are still nestled inside one of the most historic residential neighborhoods in Washington."

Capitol Hill Suites has 152 suites in two adjacent five- and six-story buildings, the Main Building and the Annex. All guest suites feature modern bathrooms, flat screen TVs, DVD players and Internet access. Suites feature a full kitchen, while junior suites offer kitchenettes. Cool, relaxing colors fill each guest suite, while plush bedding and inviting furniture make each suite the perfect place to unwind from a long day of business or sightseeing.

"Capitol Hill Suites' guest suites are 50 percent larger than most hotels', so our guests have plenty of room to stretch out during their stay," said Harvey.

In addition to its upscale guest suites, Capitol Hill Suites features a first-rate fitness center and a convenient breakfast area in the lobby. The hotel offers meeting space for up to 50, with an additional 9,300 square feet of meeting space available one block away.

All of the common spaces of the hotel have been redesigned to ensure guests are met with chic, soothing colors and textures as soon as they enter the front door.

"Our goal is to provide our guests with the classic cool feeling of Capitol Hill combined with the convenient and comfortable accommodations they expect when they visit Washington," said Harvey. More information about Capitol Hill Suites can be found online at www.capitolhillsuites.com.

Wright Investment Properties is a leading privately held national hotel development company that is consistently recognized as one of the top 35 hotel management companies in the United States by Hotel Business Magazine. Wright's development focus is on primary and secondary markets with premium hotel brands, both full service and select service hotels. For more information on the company visit their website at www.wrightinvestments.com.

Hospitality Management Advisors, Inc. is one of the premier hotel management companies in the United States. The company works with private ownership groups as well as some of the largest public and private equity groups, REIT's, Life Insurance Companies, banks, etc. in the United States and has a proven long-standing reputation for performance-driven results through excellent operating and asset management standards. Hospitality Management Advisors operates hotels in more than nine states with a wide range of franchises including Marriott, Hilton, Carlson Hotels, Intercontinental Hotels Group and others. Hospitality Management Advisors is headquartered in Cordova, TN, a suburb of Memphis. For more information about Hospitality Management Advisors, visit the company's website at www.wrightinvestments.com

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