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March 1, 2005
Ishin Hotels Group appoints Michael Nigitsch as President


Ishin Hotels Group announced today that Michael Nigitsch, who has been the Chief Operating Officer for the last 10 months, has been named President as of March 1, 2005.
Michael Nigitsch has shown excellent performance with innovative and speedy management methods such as implementing the cluster system, which is a new organizational system, since joining the company last May. Ishin Hotels Group has undergone a dramatic corporate expansion with the acquisition of 8 new hotels and increasing the number of employees from 600 to 1000. This new appointment is sure to manifest an active strategical business expansion.

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