HOTEL LINCOLN CHICAGO, IL THE EPIPHANY HOTEL PALO ALTO, CA

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Donna Williams
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perfect setting to explore and experience the joy of life.

2 Joie de Vivre celebrates discovery, playfulness and open-mindedness. Featuring the largest collection of boutique hotels in California, with additional locations across America, JDV properties are eclectic, colorful, and bursting with personality, making them the perfect setting to explore and experience the joy of life. Meeting VENTANA INN Big Sur, CA ,710 2,735 CARMEL VALLEY RANCH Carmel, CA ,278 11,500 PACIFIC EDGE Laguna Beach, CA ,921 HOTEL BECKET Lake Tahoe, CA 170 TBD TBD 1,000 CUSTOM HOTEL Los Angeles, CA ,300 9,000 MONTEREY TIDES Monterey, CA ,500 9,000 HOTEL AVANTE Mountain View, CA WATERFRONT HOTEL Oakland, CA ,508 8,000 EPIPHANY HOTEL Palo Alto, CA ,300 THE MARKER San Francisco, CA ,870 13,992 HOTEL DEL SOL San Francisco, CA PHOENIX HOTEL San Francisco, CA HOTEL CARLTON San Francisco, CA GALLERIA PARK San Francisco, CA ,000 HOTEL VITALE San Francisco, CA ,000 11,000 HOTEL REX San Francisco, CA ,150 1,765 HOTEL KABUKI San Francisco, CA ,600 14,000 LAUREL INN San Francisco, CA AVATAR HOTEL Santa Clara, CA ,264 1,936 WILD PALMS HOTEL Sunnyvale, CA ,000 3,200 LIAISON CAPITOL HILL Washington, DC ,400 17,000 HOTEL LINCOLN Chicago, IL ,200 CHICAGO ATHLETIC ASSOCIATION Chicago, IL ,482 17,000 THE TALBOTT HOTEL Chicago, IL ,552 THE TROUBADOUR New Orleans, LA REVIVAL AT MT. VERNON PLACE Baltimore, MD ,800 4, BOWERY New York, NY ,000 11,067 HOTEL LINCOLN CHICAGO, IL THE EPIPHANY HOTEL PALO ALTO, CA

Meeting THOMPSON TORONTO Toronto, Canada 102 5 3,170 14,000 THOMPSON CHICAGO Chicago, IL 246 14 3,035 12,225 GILD HALL, A THOMPSON HOTEL New York, NY 126 2 1,000 1,200 SMYTH, A THOMPSON HOTEL New

3 CHAIN CODE: TM Thompson Hotels empower sophisticated living for the savvy traveler. With a modern aesthetic and a focus on luxury design and service, Thompson hotels inspire its guests to be residents, not visitors, in whatever city they re in. Meeting THOMPSON TORONTO Toronto, Canada ,170 14,000 THOMPSON CHICAGO Chicago, IL ,035 12,225 GILD HALL, A THOMPSON HOTEL New York, NY ,000 1,200 SMYTH, A THOMPSON HOTEL New York, NY ,000 5,700 THOMPSON NASHVILLE Nashville, TN ,019 6,185 THOMPSON SEATTLE Seattle, WA ,235 3,000 THE CAPE, A THOMPSON HOTEL Cabo San Lucas, Mexico ,550 25,000 THE BEEKMAN, A THOMPSON HOTEL New York, NY ,200 4,700 THOMPSON PLAYA DEL CARMEN Playa del Carmen, Mexico THOMPSON THE CAPE CABO SAN LUCAS, MX THOMPSON TORONTO TORONTO, ON

THE SCOTTSDALE RESORT AT MCCORMICK RANCH Meeting Scottsdale, AZ 326 50 10,000 50,000 TEMPE MISSION PALMS Phoenix, AZ 303 22 9,384 30,000 L AUBERGE DEL MAR Del Mar, CA 121 6 2,496 16,545 RESORT AT

4 Destination Hotels distinctive, upscale properties in locations across the country are true to place and diverse by design. Destination Hotels are for the traveler seeking an authentic experience coupled with unmatched levels of service. THE SCOTTSDALE RESORT AT MCCORMICK RANCH Meeting Scottsdale, AZ ,000 50,000 TEMPE MISSION PALMS Phoenix, AZ ,384 30,000 L AUBERGE DEL MAR Del Mar, CA ,496 16,545 RESORT AT SQUAW CREEK Olympic Valley, CA ,525 47,750 TERRANEA RESORT Rancho Palos Verdes, CA , ,000 PARADISE POINT RESORT & SPA San Diego, CA ,000 80,620 TOWN AND COUNTRY RESORT San Diego, CA , ,000 HOTEL DE ANZA San Jose, CA ,800 4,800 THE GANT Aspen, CO ,820 5,500 DESTINATION RESIDENCES SNOWMASS Snowmass, CO ,900 25,915 THE STONEBRIDGE INN Snowmass, CO ,900 5,930 CHRISTIANIA LODGE Vail, CO MANOR VAIL LODGE Vail, CO ,635 25,000 THE EMBASSY ROW HOTEL Washington, DC ,265 9,350 SUNRIVER RESORT BEND, OREGON THE EMBASSY ROW HOTEL WASHINGTON, DC

CHARLES New Orleans, LA 143 2 2,262 2,262 CLIFF HOUSE Ogunquit, ME 136 12 4,981 25,000 RIZZO CENTER Chapel Hill, NC 183 55 3,500 35,000 THE CAROLINA INN Chapel Hill, NC 185 11 3,690 29,400 SUNRIVER

5 Destination Hotels distinctive, upscale properties in locations across the country are true to place and diverse by design. Destination Hotels are for the traveler seeking an authentic experience coupled with unmatched levels of service. Meeting YVE HOTEL MIAMI Miami, FL ROYAL ST. CHARLES New Orleans, LA ,262 2,262 CLIFF HOUSE Ogunquit, ME ,981 25,000 RIZZO CENTER Chapel Hill, NC ,500 35,000 THE CAROLINA INN Chapel Hill, NC ,690 29,400 SUNRIVER RESORT Sunriver, OR ,560 50,100 WILD DUNES RESORT Isle of Palms, SC ,888 50,000 HOTEL DEREK Houston, TX ,800 11,742 LA CANTERA RESORT & SPA San Antonio, TX , ,000 NEWPARK HOTEL AND RESORT Park City, UT ,705 7,000 LANSDOWNE RESORT Leesburg, VA ,525 55,000 QUIRK HOTEL Richmond, VA ,872 STOWE MOUNTAIN LODGE Stowe, VT ,920 56,000 SUNCADIA Cle Elum, WA ,940 46,000 WOODMARK HOTEL & STILL SPA Kirkland, WA ,630 8,790 SKAMANIA LODGE Stevenson, WA ,930 62,000 MOTIF SEATTLE Seattle, WA ,915 26,000 QUIRK HOTEL RICHMOND, VA LA CANTERA RESORT & SPA SAN ANTONIO, TX

Meeting ALILA ANJI Zhejiang, China 74 4 2,696 4,369 ALILA JABAL AKHDAR Oman 86 12 2,906 16,002 ALILA DIWA GOA Goa, India 153 7 11,754 16,887 ALILA FORT BISHANGARH Jaipur, India 59 3 29,512 31,787

6 Alila means surprise in Sanskrit, and it s the surprise of discovery and breathtaking beauty that Alila celebrates. Alila s exclusive luxury properties celebrate the uniqueness of their surroundings, from Jaipur to Jakarta, and emphasize sustainability as much as exceptional service. Meeting ALILA ANJI Zhejiang, China ,696 4,369 ALILA JABAL AKHDAR Oman ,906 16,002 ALILA DIWA GOA Goa, India ,754 16,887 ALILA FORT BISHANGARH Jaipur, India ,512 31,787 ALILA VILLAS ULUWATU Bali, Indonesia ,090 10,069 ALILA UBUD Bali, Indonesia ,541 30,868 ALILA MANGGIS Bali, Indonesia ,547 75,644 ALILA SEMINYAK Bali, Indonesia ,109 54,935 ALILA JAKARTA Jakarta, Indonesia ,132 9,759 KEMANG ICON BY ALILA Jakarta, Indonesia ,067 4,445 ALILA SOLO Solo, Indonesia ,270 57,189 ALILA PURNAMA (SHIP) Indonesia ALILA MANGGIS INDONESIA ALILA PURNAMA INDONESIA

7 GLOBAL CHAIN BRANDED PROPERTIES In addition to its portfolio of independent hotels and resorts Two Roads Hospitality also manages many hotels in partnership with some of the world s most celebrated hotel brands, including The Luxury Collection, Embassy Suites, Aloft and Hilton s Curio. Our collection of branded hotels and resorts includes many of our most iconic properties, such as Miramonte Resort in Indian Wells and the newly launched Hotel Talisa, joining the Luxury Collection in Vail, Colorado. Meeting THE CAMBY, AUTOGRAPH COLLECTION Phoenix, AZ ,728 20,000 MIRAMONTE RESORT & SPA Indian Wells, CA ,000 35,000 HILTON DENVER INVERNESS Englewood, CO ,400 62,775 HOTEL TALISA Vail, CO ,234 40,000 EMBASSY SUITES CHEVY CHASE Washington, DC ,200 6,000 EMBASSY SUITES NORTHSHORE/DEERFIELD Deerfield, IL ,000 5,700 DOUBLE TREE BOSTON Boston, MA ,900 13,000 ALOFT CHARLOTTE Charlotte, NC ,000 2,500 OUR GLOBAL HOTEL AND RESORT PORTFOLIO As we spread our wings around the world, our commitment to the careful curation of each and every one of our locations is vital. While there is certainly no dearth of desirable destinations, selection is key, as our drive to create immersive, inspiring hotel experiences springs from our locales. From our roots in Denver, San Francisco and New York, Two Roads Hospitality has cultivated new international hospitality management opportunities across the oceans to Asia and the Middle East. And we re just getting started. Wherever global travelers roam with their diverse interests ecoluxury, adventure, cultural discovery, community interaction we ll be there to welcome them.

GLOBAL SALES OFFICES CHICAGO Bob Beach P: 312.280.4554 C: 312.545.3234 bbeach@tworoadshotels.com CORPORATE HEADQUARTERS Kevin Barosso Vice President, Global Group Sales P: 303.268.6878 C: 303.548.

8 GLOBAL SALES OFFICES CHICAGO Bob Beach P: C: CORPORATE HEADQUARTERS Kevin Barosso Vice President, Global Group Sales P: C: NEW YORK Christine Goldberg C: NEW YORK Lis Chmiel C: LOS ANGELES Kathie Giles C: SAN FRANCISCO Armel Reyes C: WASHINGTON, DC Julie Duchin P: C: CARMEL VALLEY RANCH CARMEL, CA

Lower Income Journey to Work Market Share From American Community Survey

Lower Income Journey to Work Market Share From American Community Survey 2006-2010 Table 1: Overall National Data Table 2: Car, Truck or Van Table 3: Transit Table 4: Metrics Table 1 Work Trip Market Share: