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Thomas J. Hutchison to Join KSL Capital Partners and KSL Resorts as a Senior Advisor
7 June 2007

KSL Resorts

DENVER | KSL Capital Partners (KSL), a leading private equity firm, and KSL Resorts (KSL Resorts), a leading independent hotel management company, today announced that Thomas J. Hutchison III will serve as a Senior Advisor to KSL and KSL Resorts.

Mr. Hutchison has more than 30 years of senior management and consulting experience, primarily related to the real estate development and financial services industries. Most recently, Mr. Hutchison was the chief executive officer and member of the board of CNL Hotels & Resorts, Inc. (CNL), one of the nation's largest real estate investment trusts in the lodging industry. Mr. Hutchison successfully engineered the sale of CNL to Morgan Stanley Real Estate and Ashford Hospitality Trust, Inc. earlier this year in a transaction worth approximately $6.6 billion.

Michael Shannon, Managing Director of KSL and a founder of KSL Resorts said “Tom brings a wealth of experience to KSL and KSL Resorts. He’s a true veteran of the real estate and hospitality industries. We’re honored that Tom’s chosen to be a part of both KSL and KSL Resorts.”


About KSL
KSL Capital Partners is a private equity firm specializing in travel and leisure enterprises in five primary sectors: hospitality, recreation, clubs, real estate and travel services. KSL Capital Partners is headquartered in Denver, Colorado. For more information, please visit www.kslcapital.com.

Notable investments made by the principals of KSL include:

About KSL Resorts | Founded in 1992, KSL Resorts manages six time-honored resorts with outstanding recreational amenities, including spa, golf, tennis and ski. Each is refined yet unpretentious, rich in legacy, and genuine in service. The KSL Resorts are:

CONTACT
Kate Wark / Gina Galatro
Middleton & Gendron, Inc.
Phone: 212-284-9938
Email: kwark@mg-pr.com

ORGANIZATION
Hospitality NetKSL Capital Partners
www.kslcapital.com




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