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Projects Current Projects Affiliated Activities • Hotels Under Development • Hotels Developed • Hotels Under Management • Hotels Previously Managed Affiliated Activities The Principals of LPG have over 20 years of experience in financing and developing commercial and residential real estate projects. Following are select projects financed, developed or managed by LPG and/or its affiliates. Please select from one of the following:   Hotels Under Development (click to expand) Hotels Under Development (click to close)   Hotels Developed (click to expand) Hotels Developed (click to close)   Hotels Under Management (click to expand) Hotels Under Management (click to close)   Hotels Previously Managed (click to expand) Hotels Previously Managed (click to close) Hotels Under Development Property Location   TownePlace Suites Clinton, MD Details Close Details 119 rooms This hotel is located adjacent to Andrews Air Force Base, Clinton, MD (about five miles outside of Washington, DC). Construction is expected to be completed by year-end 2008.   Best Western Inn & Suites Kingwood, WV Details Close Details 68 rooms This hotel is located near Camp Dawson in Kingwood, WV. Construction is expected to commence in the first quarter of 2009.   Hotels Developed Property Location   Sleep Inn Clarksburg, WV Details Close Details 73 rooms Opened February 1994   Comfort Inn Waynesburg, PA Details Close Details 71 rooms Opened, August 1997   Sleep Inn and Suites Huntersville, NC Details Close Details 108 rooms Opened, April 2001   Sleep Inn, RDU Airport Durham, NC Details Close Details 73 rooms Opened, July 2002   Fairfield Inn and Suites Fairmont, WV Details Close Details 80 rooms Opened in September 2005   Hotels Under Management Property Location   Sleep Inn Clarksburg, WV Details Close Details 73 rooms This hotel has been operated by CENTURION (an LPG affiliate) since it opened February, 1994. It has earned 12 Choice Hotels Gold Hospitality Awards, consistently putting it in the top 10% of all Choice hotels. The hotel has consistently been the RevPAR leader in its competitive set, which includes a Holiday Inn and a Hampton Inn, achieving a RevPAR index of 115% to 122% monthly.   Fairfield Inn and Suites Fairmont, WV Details Close Details 80 rooms This hotel has been operated by CENTURION (an LPG affiliate) since it opened September 22, 2004. Within 6 months of opening, this hotel surpassed Marriott’s 12-month goal for the Penetration Index for new hotels (achieving as much as 190% of its competitive set, including a Holiday Inn, a Comfort Inn, and a Hampton Inn.). The hotel has received special recognition by Marriott as having the best “ramp up” of any select service hotel in the Marriott portfolio during the past 18 months.   The Historic Clarion Hotel Morgans Morgantown, WV Details Close Details 76 rooms Full service hotel In six months of operating this hotel CENTURION (an LPG affiliate) has increased the hotel’s net operating income by 130%.   Hotels Previously Managed Property Location   Econo Lodge Morgantown, WV Details Close Details 73 rooms Managed by CENTURION (an LPG affiliate) from 1985, until sold in 2000.   Friendship Inn Morgantown, WV Details Close Details 56 units Managed by CENTURION (an LPG affiliate) from 1985, until sold in 1999.   Comfort Inn Waynesburg, PA Details Close Details 73 units Managed by CENTURION (an LPG affiliate) from August, 1997 to December, 2004.   Sleep Inn Huntersville, NC Details Close Details 107 units Managed by CENTURION (an LPG affiliate) from April, 2001 to April, 2004.   Sleep Inn Research Triangle Park/Raleigh Durham Airport, NC Details Close Details 73 units Managed by CENTURION (an LPG affiliate) from July, 2002 to December, 2004.

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