LTD Management Company, a Hotel Development and Management Group, Receives Design and Construction Excellence Award from Marriott International

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Newport News, VA Hotel Honored at 2009 Marriott Owners Conference

It was an honor to host Mr. Marriott and the Courtyard brand team at the Courtyard Newport News Airport. The event emphasized our partnership and respect for Marriott International

LTD Management Company, L.L.C. of Chesapeake, VA is pleased to announce that it was the recipient of the Design and Construction Excellence Award by Marriott International at the 2009 Marriott Owners Conference held in May 2009 for its development of the Courtyard Newport News Airport. This is LTD's second New Construction and Design award from Marriott, and sixth award relating to excellence in design, new construction, or renovation from Marriott International.

"Developing the first ground up new Courtyard prototype was a challenge, but it fit our business strategy of being on the edge of innovative development. We knew the new design would be a success, and were always confident that our superior team could execute on a design that did not have much of a track record from which to learn. All the credit goes to our development and construction team, especially Mr. Bharat Shah and Mr. Kurt Hangar, Clancy & Theys Construction Company, and the staff at the Courtyard Newport News Airport," said Malay Thakkar, Managing Partner at LTD.

The Courtyard by Marriott Newport News Airport is one of the first new-build properties to incorporate the brand's reinvented lobby and room concepts. The modern lobby invites guests to work or socialize with open seating; complimentary Wi-Fi; boarding pass print kiosks; and flat-screen TVs. A new addition to the Courtyard lobby is the GoBoardTM, a 52-inch touch-screen LCD giving guests the option to navigate through local information like restaurants, shopping, maps, weather reports, and news headlines. Guests can also dine at The Bistro for breakfast, or they can enjoy dinner service in the evening with cocktails. The Courtyard by Marriott Newport News Airport was also the first new-build to feature the brand's new exterior design. The property was designed by the architectural firm Jonathan Nehmer & Associates, Inc. and the interior design firm HVScompass, located in Rockville, MD.

The Courtyard by Marriott Newport News Airport was the host site for the Courtyard brand's 25th Anniversary Celebration on October 30, 2008. Mr. J.W. Marriott, Jr., Chairman and CEO of Marriott International, Brian King, Vice President of Global Brand Management, and Dilip Desai, Senior Managing Partner for LTD Management Company were keynote speakers at the event.

"It was an honor to host Mr. Marriott and the Courtyard brand team at the Courtyard Newport News Airport. The event emphasized our partnership and respect for Marriott International," said Malay Thakkar. "LTD also celebrated its 25th anniversary in 2008, so it was a proud moment for us."

The 120-room Courtyard by Marriott Newport News Airport is located at 530 St. Johns Road, Newport News, VA 23602. The Newport News hotel is a part of Patrick Henry Place, a mixed-use development near the Newport News-Williamsburg Airport. The Courtyard by Marriott Newport News Airport offers flexible function space for business and social events. All of the guestrooms feature complimentary Wi-Fi, ergonomic workspaces, and 32-inch flat-panel TVs.

About LTD Management Company, L.L.C
LTD Management Company, L.L.C., is an award-winning hotel development and management group headquartered in Chesapeake, VA. Since its inception in 1983, LTD has developed a reputation for creating an atmosphere "where distinction reigns." The company currently owns and operates 29 hotel properties throughout Virginia and Maryland. LTD has been ranked a Top 100 Management Company in Hotel Business for 2008 and 2009. With the highest possible standards in mind, LTD prides itself with developing quality hotels under the franchise brands of Starwood, Marriott, Hilton, Hyatt and InterContinental. For more information, please visit http://www.ltdmanagement.com.

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