SALISBURY, MD., June 5, 2006—

Marshall Management, a leading, mid-sized hotel management company, today announced that it has opened the 78-room LaQuinta Inn & Suites Albany Airport. It is the first LaQuinta to open in the state of New York and is part of the brand's aggressive expansion into the Northeast.

"We were involved with all aspects of the pre-opening, ranging from providing purchasing guidance and support for major equipment and operating systems to pre-opening marketing," said Michael Marshall, president. "Response to the hotel and the brand has been quite positive. Although LaQuinta is new to the state, it is well regarded nationally, and we welcomed the challenge and opportunity of introducing it to New York."

The property is offering special introductory rates, beginning at $79.99 per night, according to Sandy Fazzone, general manager. "Our pre-booking patterns were higher than expected, and during our soft opening period earlier this month, guest response was highly favorable. The hotel already has gained a strong foothold in the community."

Located less than five miles from the Albany Airport at 8333 New Loudon Road (Route 9) in Latham, New York, the property is conveniently located near Interstate 87 and Latham Circle. The hotel is within minutes of Pepsi Arena, New York State Government Offices, Amtrak, RPI & Siena Colleges, GE, Watervliet Arsenal and the Port of Albany.

The LaQuinta Inn & Suites Albany Airport hotel features an indoor swimming pool and hot tub, an on-site fitness center, complimentary continental breakfast, 27-inch flat-panel televisions, luxurious pillow-top mattresses, free high-speed Internet access, microwaves, refrigerators, ceiling fans and safes large enough to hold a laptop computer.

Salisbury, Md.-based Marshall Management, founded in 1980, has special expertise in operating three- and four-star branded hotels and resorts, averaging 100 to 400 rooms, in urban and central business districts, suburban/drive-to and resort locations. In addition, the company has a proven track record managing independent resort properties. The company has managed a wide array of leading hotel brands, including Hilton, Sheraton, InterContinental Hotel Group, Choice and Cendant.