MANHATTAN HOTELS AT AFFORDABLE PRICES.

The New York Inns Hotel Group -"Boutique Hotels for the Budget Minded" - quality hotel accommodation at affordable rates in Manhattan - New York. New York Inns growing popularity is attributed to the installation of the real time booking engine on their new website:www.nyinns.com. On the monthly basis, the site is being seen by half a million visitors, and counting.

FOR IMMEDIATE RELEASE

For more information:
C.M. Cwintal, VP Sales & Marketing
Tel. 212 -- 614 0500
Fax. 212 -- 614 0512

New York --February 01, 2003
The New York Inns Hospitality Group, one of the Manhattans newest and youngest Hotel Group, is receiving half a million hits monthly at their new Internet portal: www.nyinns.com. The new portal was lunched last year and was enjoying a steady grow.

The new site become a convenient one-stop access to the groups four Manhattan properties: Union Square Inn, Murray Hill Inn, Amsterdam Inn and Central Park Hostel -- The Boutique hotels for the budget minded.

The group has completed the renovation of many rooms, including adding new
Italian tile bathrooms, elegant hardwood floors and new furniture. The existing list of amenities soon will include high-speed Internet access as well.
Its new Internet portal: www.nyinns.com offers quick and easy, one-stop access to all properties, with its on-line booking capabilities via new real time booking engine.

The new website provides comprehensive information regarding each property and will offer an easy way of checking availability and making an instant booking.

All properties are centrally located in Manhattan and offer extraordinary value,
high level of customer service, and pleasant environment. The Inns offer many of the amenities of large hotels at budget prices: 24 hour front desk service, daily maid service, fax and message center and multilingual staff. The rooms have satelite/cable TV and air-conditioning; the small size ensures personal service and one on one attention.

Introducing a new portal site enabled the group to concentrate and focus its marketing efforts", says Cezary M. Cwintal, New York Inns VP Sales & Marketing We are planning on broad advertising on the Internet, as well as via more traditional media. With the current increase of the visitors to the site, we are confident to hit the million visitors monthly very soon. With the new real time booking engine all four properties of the group have a better Internet presence, and the reservation process is very user friendly and easy", Cwintal said.
Please visit our new site at www.nyinns.com for more information.