Hudson Hotels Announces Entry into the Dallas/Fort Worth Market With Two New Management Contracts

Press Release: Hudson Hotels Corporation

September 8, 1999
ROCHESTER, NY -- Hudson Hotels Corporation, (Nasdaq: HUDS; "Hudson" or the "Company") today announced that it has executed two new management contracts in the Dallas/Fort Worth, Texas area. These contracts call for the Company to be the exclusive manager of the Best Western D/FW Airport Suites and the Clarion Inn and Suites D/FW North. The properties are located next to each other in Irving, TX immediately adjacent to the Dallas/Fort Worth Airport. The Company began managing both properties on September 1, 1999.

In 1999 Hudson began to place more focus on its third party management initiative and building its management and information systems infrastructure to provide high quality service and financial information to middle market hotel owners. "It is our expertise in the middle market that gives us our competitive advantage,'' commented Michael T. George, the Company's President and Chief Operating Officer. "With the addition of these two (2) properties the Company will be managing forty-nine (49) properties with more than 5,300 rooms. Many of these are middle market rooms thus showing our strength in this segment," Mr. George continued. Hudson's portfolio of managed hotels also includes full service, resort and independent boutique-style properties.

"The Best Western and Clarion was developed and owned by the Legacy Development Group (''Legacy"), based in Irving, TX. The Clarion opened in February, 1999 and the Best Western in June, 1999. We anticipate a long-term relationship with Legacy,'' commented Mr. George, "and intend to joint venture new developments with them in the future."

Hudson Hotels Corporation is a Rochester, New York-based leading limited-service hotel development and management company. Hudson manages primarily well-known national hotel brands pursuant to franchise agreements from Marriott International, Inc. (NYSE: MAR - news), Promus Hotels Corporation (NYSE: PRH), Choice Hotels International, Inc. (NYSE: CHH), Red Roof Inns, Inc. (NYSE: RRI), and U.S. Franchise Systems, Inc. (Nasdaq: USFS). The Company owns 25 hotels and has agreements to manage a total of 49 hotels with 5,359 rooms.

Except for the historical information presented in this press release, the press release includes forward looking statements that involve risks and uncertainties including, but not limited to, quarterly fluctuations and results, the management of growth, competition and other risks detailed in the company's Securities and Exchange Commission filing. Actual results may differ materially from such information as set forth herein.

SOURCE: Hudson Hotels Corporation