OCEAN CITY, MD., April 10, 2006—

The Fenwick Inn, located in north Ocean City at 138th Street and Coastal Highway, announced today the grand opening of the Indoor Aqua Fun Center, transforming the landmark resort into a year-round destination. The new indoor water experience, targeted for both kids and adults, is the final stage of a major make-over of the hotel, which includes a complete renovation of all guest rooms, as well as a total modernization of the property's exterior and landscaping.

The Aqua Fun Center provides a unique water experience, not just a dip in an indoor pool. After demolishing the previous pool area, architects created a new-concept water area, including a new pool extending into an ankle-deep "sprayground area," highlighted by three lemon drops with a water spray feature ideal for small children. The center of the water area features a large raindrop with a continuous cascade of water.

Two eight-foot-long, hydro-therapy benches complement the main water area. A raised jet spa with room for up to 12 people offers a soothing waterfall feature as it blends with the main water area. Custom murals accent the look and feel of the Indoor Aqua Fun Center, which is topped off with a new skylight roof system that brings in sunlight and sky.

"We wanted to deliver well beyond the typical Ocean City experience, and believe the new Aqua Fun Center, combined with our totally refurbished, over-sized rooms now set the Fenwick Inn apart from other resorts in the area," commented Greg Fleming, general manager. "We now are a year-round destination." Fleming noted that the hotel will continue to offer one of the best values in the market. "We have always offered a great price-value, which will not change," he noted. "We have a special grand opening rate as low as $29 a night through April 15th mid-week, and we will offer a limited number of special $99-a-night packages for the summer season."

The Fenwick Inn features 201 family-sized guest rooms, typically 15 percent larger than an average hotel room, and includes microwave ovens and refrigerators. Jordan's Rooftop Restaurant, one of the city's popular eateries, offers American-style cuisine and live entertainment. In the spring and fall, Jordan's provides a "Kids Eat Free" program for Fenwick Inn guests.

The Fenwick Inn is managed by Marshall Management, Inc. based in Salisbury, Md., a leading, national independent management company. The Fenwick Inn's new Indoor Aqua Fun Center is typical of the many initiatives the company creates to enhance the ambience and profitability of its independent hotels. 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.