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November 30, 2005
ISHIN HOTELS GROUP ANNOUNCES THE ACQUISITION OF
"HOTEL SUNROUTE AKASAKA"


Ishin Hotels Group (Michael Nigitsch: President and Chief Executive Officer) announced the acquisition of "Hotel Sunroute Akasaka" (Akasaka, Minato-ku Tokyo, Guest rooms: 91) and started operation on Wednesday, November 30, 2005. Ishin Hotels Group will own and continue to operate this hotel through a franchise contract with Sunroute Co., Ltd.

"Sunroute Akasaka" is located at the center of Tokyo's metropolitan area and is only a minute walk from Akasaka-mitsuke subway station. It is close to the Nagatacho and Tameike areas where many government offices and many major Japanese companies are located. Features such as high speed internet and PC`s in every guest room, as well as double-sized beds used in single rooms are just a few of the qualities that make this hotel feel comfortable for guests on business and/or pleasure.

Ishin Hotels Group plans enhancements of the guest rooms and facilities to further expand its success.

Ishin Hotels Group was established as a joint venture between "Soros Real Estate Investors" and "Westmont Hospitality Group. The group currently has 15 hotels in its portfolio. It plans to further acquire, own, and operate hotels nationwide.

Inquires regarding this news release:
Ishin Hotels Group (ATTN: Ms. Aso and Mr. Masaka)
Shuwa Kamiyacho Bldg 10F, 4-3-13, Toranomon, Minato-ku, Tokyo 105-0001 Japan
TEL: 03-5733-7733 Fax: 5733-7734

Hotel Sunroute Akasaka

Address: 3-21-7 Akasaka Minato-ku, Tokyo 107-0052
TEL: 03-3589-3610
FAX: 03-3589-3619
URL: http://www.ishinhotels.com/
Day of hotel opening: December 19, 2002
Overview of building: Ground-floor area/ 672.07
Building area/ 382.30
Total floor space/ 2224.07
Story level: Eight-story level above ground
Facilities: Guest rooms/ 91 rooms (single, twin)
Tenant store: Excelsior Cafe (Coffee shop)
Other: Parking (4 car spaces)


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