The Power to Outperform

Company News

JUNE 19, 2008
PRESS RELEASE
Contact:
Derek Sylvester
215-504-8466
dsylvester@gulphcreekhotels.com
Gulph Creek Hotels announced the formation of a new company — Gulph Creek Development

Wayne, PA, June 19, 2008. Gulph Creek Hotels today announced the formation of a new company - Gulph Creek Development. It is located in Wayne, PA and can be reached at 610-975-4510.
L. Clarke Blynn, Principal, said "The success and growth of the management and development businesses of Gulph Creek Hotels have given us the opportunity to separate the two businesses even as they continue to work together on a variety of projects"
Also announced today is the appointment of Amy Gancasz as President of Gulph Creek Hotels. Ms. Gancasz joined the company in 1998, and has served as General Manager, Regional Manager and Vice-President of Operations.

About Gulph Creek Hotels

Gulph Creek Hotels is recognized as the leading hotel management company in the Philadelphia area. Its portfolio of managed hotels continues to outperform the market and exceed financial return expectations. Gulph Creek Hotels currently manages eight Hilton and Marriott branded hotels in Pennsylvania and New Jersey.