AUGUST 18 & 19, 2009

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June 1, 2009 AUGUST 18 & 19, 2009 The Metropolitan Memphis Hotel & Lodging Association and Pinkowski & Company cordially invite you to participate in the Southern Lodging Summit @ Memphis (formerly Memphis Lodging Industry Summit), offering an excellent program you definitely should not miss. On Tuesday evening, August 18 th Mr. Doug Browne, General Manager of the Peabody Hotel, has asked Master Chef Andreas Kisler and his very creative staff to prepare an unforgettable dining experience beginning at 6:00 pm in the magnificent Peabody Skyway. This will be an evening you will long remember. The event also will help support the Metropolitan Memphis Hotel & Lodging Association Political Action Committee. Our reservations for this dinner will be on a first come, first reserved basis. Make your reservation early! Wednesday morning will begin at 7:30am with a continental breakfast at the Memphis Cook Convention Center in downtown Memphis. The program will begin with Mr. Roger Dow, President/CEO of the US Travel Association. Our industry today is experiencing dynamics not seen in the last 20 years. Randy Smith from Smith Travel Research will follow providing insight to the challenges of these unprecedented market conditions. The next presentation will be our Presidents Panel. Isaac Collazo, Vice President of Performance Strategy and Planning for InterContinental Hotels will creatively challenge our dynamic group of hotel company presidents on numerous contemporary issues of significant importance in this tumultuous period of plummeting revenues and profit margins, and the freeze on development funding as they affect ownership, development, and operation of hotels across the nation. The insight, experiences, and advice discussed will offer valuable information for anyone invested in the ownership and operation of hotels. The next session will be Operations How has the World Changed? Joel Hiser, CEO of Horwath Hospitality & Leisure LLC will lead the members of this panel in a spirited discussion of the issues affecting successful operations and dealing with the current operational challenges. This group of experienced hoteliers represents asset management, ownership, brand affiliation, and property operations. Our last session of the morning, Finance How has the World Changed?, brings together two financial institution executives lending to the hotel industry, and two owner/operator/developers who are seeking the funds for company growth and expansion. Liam Brown, Executive Vice President, Lodging Development for Marriott International is preparing to guide our panelists through numerous contemporary issues in this tumultuous period of ownership, development, and financing of hotels across the nation. Our luncheon presents Laurence Geller, President & CEO of Strategic Hotels & Resorts. A creative, astute visionary who makes a great company work, Mr. Geller has extensive experience in domestic and international hotel, corporate and real estate development, and financing. His tenure of over 35 years in our industry has proven his resiliency and success. The luncheon will conclude with a $1,000 cash giveaway sponsored by Elvis Presley Enterprises. Included with this invitation is the agenda and registration form for the Southern Lodging Summit @ Memphis. Please do not delay in sending in your registration for this event.

Presented by: Metropolitan Memphis Hotel & Lodging Association and Pinkowski & Company TUESDAY & WEDNESDAY - AUGUST 18 & 19, 2009 TUESDAY 8/18 - THE PEABODY HOTEL 6:00PM MMH&LA PAC COCKTAIL RECEPTION AND DINNER WEDNESDAY 8/19- MEMPHIS COOK CONVENTION CENTER 7:30AM 8:00AM 8:05AM 8:50AM 8:50AM 9:20AM 9:20AM 10:20AM REGISTRATION & CONTINENTAL BREAKFAST INTRODUCTION & WELCOME Mary Calorio General Manager, EP Heartbreak Hotel and President MMHLA NATIONAL LODGING & TRAVEL OUTLOOK Joe Martin Chairman, AHLA,Washington, DC and Owner, Stillwater Hospitality, Stillwater, OK Roger Dow President & CEO, U.S. Travel Association, Washington, DC STR PRESENTATION OF INDUSTRY TRENDS Randy Smith CEO, Smith Travel Research, Hendersonville, TN PRESIDENTS PANEL Moderator Isaac Collazo Vice President of Performance Strategy and Planning, InterContinental Hotels Group, Atlanta, GA Panelists - Jim Abrahamson President, The Americas, IHG, Atlanta, GA Steve Joyce CEO / President Choice Hotels International, Silver Spring, MD Jay H. Shah CEO, Hersha Hospitality Trust, Philadelphia, PA Paul Whetsell President & CEO, CapStar Hotel Company, Arlington, VA 10:20AM 10:45AM COFFEE BREAK

10:45 AM FINANCE HOW HAS THE WORLD CHANGED 11:45 AM Moderator Liam Brown Executive Vice President Lodging Development, Marriott International, Inc. - Washington, DC Panelists Kay Anderson Senior Vice President, Mountain 1 st Bank & Trust, St. Petersburg, FL John Belden President, Davidson Hotel Company, Memphis, TN Billy Frank Senior Vice President, SunTrust Bank, Memphis, TN Al (Amit) Patel Principal, Baywood Hotels, Greenbelt, MD 11:45 AM OPERATIONS HOW HAS THE WORLD CHANGED 12:45PM Moderator - Joel Hiser CEO, Horwath Hospitality & Leisure LLC, San Rafael, CA Panelists Bill Duncan Global Head, Brand Management, Homewood Suites by Hilton and Home2 Suites by Hilton, Memphis, TN Craig Lambert Senior VP - Asset Management, Inland American Lodging Advisors Inc., Orlando, FL Tom Negri General Manager, Loews Vanderbilt Hotel, Nashville, TN Mark Ricketts Vice President Hotel Asset Management, Archon Hospitality, Dallas, TX 12:50PM 1:20PM 1:20PM LUNCHEON KEYNOTE SPEAKER Introduction by Craig Mance, Senior Vice President-Franchise Development- North America, Hilton Hotels Corporation Laurence Geller President & CEO, Strategic Hotels & Resorts, Chicago, IL 1:50PM WRAP UP, CASH GIVEAWAY AND CLOSING REMARKS Cash Giveaway - Elvis Presley Enterprises, Memphis, TN Mary Calorio General Manager, EP Heartbreak Hotel and President MMHLA ADJOURN

REGISTRATION FORM Presented by: Metropolitan Memphis Hotel & Lodging Association and Pinkowski & Company JULY 15 AUGUST 15 OnLine Auction visit www.mmhla.com TUESDAY, 8/18/09 6:00 pm at the Peabody Hotel s Skyway 1. Cocktail Reception and Gourmet Dinner to benefit the MHLA Political Action Committee WEDNESDAY, 8/19/09 7:30 am at the Memphis Cook Convention Center 2. Lodging Industry Summit Conference and Lunch Breakfast 7:30 am Program 8:00 am Lunch 12:40 pm Adjourn 1:45 pm # Attending _$_ 1. Dinner $139 2. Conference w/lunch* $169 Total Amount: $308 $ *LATE CONFERENCE REGISTRATION IS $245 AFTER AUGUST 1, 2009 PARTICIPANT(s): o Company o Names of Attendees Address Phone # FAX # Email(s): FORM OF PAYMENT: Please note the type of funds you will be using to pay with - corporate funds, personal funds, or partnership (LLC, LP, etc) funds, please be sure to note this. TYPE OF FUNDS: Check payable to Hospitality Education Fund mail to: 7730 Goshawk Cove, Cordova, TN 38016 Credit Card Card # Exp Date CVC Signature Name on Card (please print) Send Registration to: Peggy Callahan @ FAX - 901/752-0743 or email: memphishla@earthlink.net QUESTIONS TO: Peggy Callahan 901/752-9902 Hotel Conference Rates are available at: Holiday Inn Select Downtown for $139 (901-525-5491), The Madison $180 for a one bedroom suite (901-333-1200), Memphis Marriott Downtown for $119 (800-228- 9290), Peabody Hotel for $145 (1-800-PEABODY #2), Springhill Suites by Marriott Downtown for $139 (901-522-2100); Westin Memphis $149 (901-334-5900)

Kick Off the With At the Famous Rendezvous Restaurant Tuesday, August 18, 2009 Beginning at Noon Cost $35 per person CASH or PERSONAL CHECK All proceeds will benefit the MMHLA PAC RSVP Fax 901-752-0743 or memphishla@earthlink.net... Name: Company: # in your party: