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13 March 2002

New Castle Hotels To Manage Nova Scotia's Signature Resorts

SHELTON, CT — New Castle Hotels has been awarded management of Nova Scotia's Signature Resorts, a trio of heritage icon properties owned by the Province of Nova Scotia, announced Gerald P. Chase, president, chief operating officer of New Castle.

The Shelton, CT based hotel ownership and management company will oversee day-to-day management of the Keltic Lodge in Ingonish Beach, The Pines Resort in Digby and Liscombe Lodge in Liscomb Mills. New Castle will also manage a planned $10 million (Canadian), three-year improvement plan for the properties. The company will launch a 100-day plan to streamline operational, accounting, food and beverage, sales and marketing, and business development systems for all three properties.

It is the first time in the province's 30-year ownership of the Signature Resorts that the Nova Scotian government has turned to a private company to operate them. New Castle also manages Deerhurst Resort in Huntsville, Ontario, the Westin Nova Scotian in Halifax, Nova Scotia and Chateau Royal in Montreal.

"We are gratified by the confidence the provincial government has shown in our management culture by awarding us this contract," Chase says. "With the addition of the Signature Resorts, New Castle's property portfolio continues to grow, and we have numerous projects in the pipeline for 2002."

Keltic Lodge, located on Cape Breton at the northernmost tip of Nova Scotia, offers 32 guestrooms and two two-bedroom luxury suites in its Main Lodge, 40 guestrooms in its Inn at Keltic and 10 two- and four-bedroom cottages. The resort also adjoins the Highlands Links, ranked the top golf course in Canada by Golf Magazine (September 1999). Built in 1939, the course was designed by Stanley Thompson.

Overlooking the Annapolis Basin in the province's southwestern region, The Pines Resort features 84 guestrooms, including six suites in its main hotel, as well as 30 cottages with one, two or three guestrooms. The Pines Resort Golf Course, also designed by Stanley Thompson, is a scenic 18-hole championship course.

Liscombe Lodge is located along Nova Scotia's picturesque Marine Drive. The lodge offers 65 guest accommodations in chalets, cottages and rooms in the Riverside Lodge. Three meeting rooms provide seating for up to 100 people, an additional 100 can be hosted in three function rooms. The beauty of the lodge's riverside setting attracts visitors who take in the province's Eastern Shore and outdoor activities from nature trails to tennis, canoeing, fishing and mountain biking.

New Castle Hotels owns and manages 24 resort and hotel properties in the United States and Canada. For more information, please contact Gerald P. Chase, president, chief operating officer of New Castle Hotels, at (203) 925-8370. Or visit the corporate website at www.newcastlehotels.com.

CONTACT

Gerald P. Chase
Phone: (203) 925-8370

ORGANIZATION

Hospitality NetNew Castle Hotels
http://www.newcastlehotels.com
Two Corporate Drive, Suite 334
USA - Shelton, MI 06484
Phone: 203.925.8370
Fax: 203.925.8376
Email: hrd@newcastlehotels.com

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