Third Virginia Candlewood Suites Opens

Press Release
September 19, 2000
RICHMOND, VA -- A new Candlewood Suites in Richmond, Va., is now open, just 14 miles from Richmond International Airport and near corporate offices for several major U.S. companies.

The new Candlewood Suites is the third in Virginia and the second in the Richmond area.

The Richmond-South Candlewood Suites, at 4301 Commerce Road, is conveniently located at Exit 69 off I-95 and Commerce Road. Philip Morris USA world headquarters are across the street, and DuPont corporate offices are just three miles away. Overnite Transportation, SunTrust Banks and E.R. Carpenter are also nearby.

The hotel is five miles from downtown Richmond and its historic Shockhoe Bottom district, which has numerous shops and restaurants. The Virginia Museum of Fine Arts and King's Dominion, a 400-acre theme park, are nearby. Historic Williamsburg, Va., and Busch Gardens are within 45 miles.

Introductory rates are $59 to $79 per night, valid through Dec. 30, 2000, and based on availability.

Candlewood Suites offers larger-than-average guest suites perfectly suited for business travelers, and loaded with amenities. The Richmond-South hotel features 104 suites: 92 studios and 12 one-bedrooms. Each suite includes a complete kitchen, working area with large business desk and adjustable executive chair, two phone lines and data port, oversized recliner and 25-inch television.

Candlewood Suites amenities include free local phone calls and incoming faxes, free laundry facilities, low-cost long distance, 25-cent soft drinks, free video and CD checkouts, and an upscale exercise room. Guests can buy food items, snacks and sundries 24-hours-a-day from the Candlewood Cupboard, an on-site, honor-based pantry where items are value-priced.

``We look forward to providing another Candlewood Suites to those visiting the Richmond area,'' says Tracy Cook, hotel general manager. ``Our exceptional value, amenities and convenient location make it a great place to stay.''

The hotel is owned and operated by Tramz Hotels of Warren, N.J., under a franchise agreement with Candlewood Hotel Co., of Wichita, Kan.

The other Virginia Candlewood Suites are: Richmond-West Candlewood Suites, Glen Allen, Va., and the Norfolk-Hampton Candlewood Suites, Hampton, Va.

Candlewood Hotel Co. (Nasdaq:CNDL) owns, operates and franchises Candlewood Suites, which targets mid-market business travelers and others on short- or long-term stays. Chairman and CEO Jack DeBoer, who founded Residence Inn and co-founded Summerfield Suites in the 1970s and 1980s, founded Candlewood in 1995 and Cambridge Suites in 1998. He is recognized in the hotel industry as the creator of the extended stay concept. There are currently 86 Candlewood Suites open coast to coast, with more under construction.

For corporate travel or reservations, call Becky Fauber, 804/271-0016.

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Contact: 

     C. Russell & Company Public Relations, Wichita, Kan.
     Carolyn Russell, 316/636-2224
     candlewood@russcom.com
               or
     www.candlewoodsuites.com