Hotel Group Donates Portion Of Guests’ Stay To Gulf Relief

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Virginia-based Hotel Management Company to Donate 10% of Room Revenue to the Gulf Relief Foundation. LTD Management Company, L.L.C. (LTD), a hospitality development and management group headquartered in Chesapeake, Virginia, launched its “Caring from Coast to Coast” campaign today, through which the company will donate 10% of each night’s stay to the Gulf Relief Foundation.

LTD's 31 hotels will donate 10% of room revenue booking at the "COAST CARE" rate to the Gulf Relief Foundation

"...this type of large-scale disaster could have easily happened off our shore and we felt that we needed to do something to help." Neel Desai, Managing Partner, LTD Management Company, L.L.C.

LTD Management Company, L.L.C. (LTD), a hospitality development and management group headquartered in Chesapeake, Virginia, launched its “Caring from Coast to Coast” campaign today, through which the company will donate 10% of each night’s stay to the Gulf Relief Foundation, a non-profit focusing on two key elements of recovery from the oil spill – the wetlands/coastal environmental issues and the well-being of fishermen and the regional seafood industry.

Guests booking at any of the company’s 31 properties are encouraged to ask for the “COAST CARE” rate - a promotional program that includes a minimum 10% off discount as well as 10% donation to the Gulf Relief Foundation. The “COAST CARE” rate will be available through September 30, 2010. Please visit http://www.careforthecoast.com to view all of LTD’s hotel locations.

Neel Desai, Managing Partner for LTD Management Company, L.L.C, stated, “As a coastally-based company, we understand that this type of large-scale disaster could have easily happened off our shore and we felt that we needed to do something to help. The spill is not only affecting the Gulf Coast’s beautiful environment, but its businesses as well - from fishermen, to restaurants and hotels. This is an attempt to help a part of our country in need.”

The Gulf Relief Foundation recently held “GULF AID: Concert for the Coast" at Madison Square Garden in New York City. The hour-long benefit concert raised over $300,000 and featured Lenny Kravitz, John Legend, Ani Difranco, Allen Toussaint, The Voice of the Wetlands All-Stars and The Preservation Hall Jazz Band with Mos Def.

LTD will run the “COAST CARE” through the end of September and plans on making their first donation to the Gulf Relief Foundation in mid - August. The company is promoting this program in all of their hotel locations.

To learn more about the “Caring from Coast to Coast” program, please visit http://www.careforthecoast.com.

ABOUT LTD
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 31 hotel properties throughout Virginia, Maryland and Illinois. 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.

ABOUT THE GULF RELIEF FOUNDATION
The Gulf Relief Foundation was established to raise funds for efforts to stop the oil spill in the Gulf of Mexico from destroying our wetlands, as well as for wetland recovery efforts to benefit fishermen and their families as oil continues to gush into the Gulf of Mexico from the site of the collapsed deepwater horizon.
The fund has been created to ensure that all monies are properly distributed to organizations to focus on two key elements of recovery – the wetlands/coastal environmental issues and the well-being of fishermen and the regional seafood industry.

Please visit http://www.gulfaid.org for more information and to donate online.

Donations may also be sent to the Gulf Relief Foundation, a 501 C3 non-profit corporation located at P.O. Box 61035, New Orleans, LA 70161.

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JAY STECHER
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