Foundry Park Inn & Spa Selects General Manager To Head Athens' First Premier Boutique Inn

Mark Sampsell to Lead Unique Property

Press Release: Ridgewood Hotels, Inc.
August 17, 2001
ATHENS, GA -- Foundry Park Inn & Spa, Athens' first and only premier boutique property, yesterday announced that Mark Sampsell has been named General Manager of the new Athens-Clarke County landmark. Sampsell brings Foundry Park Inn & Spa the industry experience and knowledge required to develop this truly unique property into the premier destination for Athens, the surrounding area and the region.

With the experience of managing upscale hotel properties, Sampsell possesses the experience vital to establishing a high level of service excellence that is expected in a history-rich community such as Athens and a property like the ``Foundry.'' Sampsell has created this type of quality environment for Wyndham Hotels in Detroit, Knoxville and Atlanta. His accomplishments with such first tier hotel groups showcase the advanced expertise required to develop the high standard of service, quality and comfort the Foundry is pioneering in Athens.

``Sampsell's high energy, detail-oriented management style will be a key factor in establishing and growing the Foundry's superior style and service'', said Wayne McAteer, vice president of operations, Ridgewood Hotels, Inc. (OTC Bulletin Board: RWHT). ``We chose Mark because he brings to the table an outstanding track record and proven ability that will put the Foundry on the map of must visit places. The capabilities he brings will not only help position the Foundry as the premier boutique destination in the Athens area, but will also help further position Athens as a thriving business, travel and leisure destination to visitors and residents.''

Owned by McChesney Capital Partners LLC and operated by Ridgewood Hotels, Inc., Foundry Park Inn & Spa will feature a fine dining restaurant, a historic and intimate yet vibrant pub unique to Athens, a day spa and a 119-room hotel featuring five upscale suites. The Foundry is the only property of its kind in Athens or the surrounding region and promises to offer an unparalleled experience to its guests.

About Ridgewood Hotels

Ridgewood Hotels, Inc. acquires, develops and manages hotel and resort properties in the United States and internationally, including the branded group of luxury properties known as Chateau Elan Hotels & Resorts.

About McChesney Capital Partners

McChesney Capital Partners, LLC is a privately held investment partnership located in Atlanta, GA.

SOURCE: Ridgewood Hotels, Inc.