New Orleans Marriott Metairie at Lakeway to Open

FOR IMMEDIATE RELEASE
February 23, 2007


CONTACT:
Jill Willie
The Regroup, LLC
504-432-6730 cell
jill@theRegroupNOLA.com

NEW ORLEANS MARRIOTT METAIRIE AT LAKEWAY TO OPEN
Largest Full-Service Hotel in New Orleans Area to Open Since Hurricane Katrina

Metairie, LA—Pyramid Hotel Group announced today it will be opening the New Orleans Marriott Metairie at Lakeway in the Spring of 2007. The 220-room property, located at 3838 Causeway Boulevard, will be the first in the Greater New Orleans area to feature the new Marriott guest rooms.

The hotel offers the latest evolution of style and comfort that the Marriott brand has to offer. Features include 33 suites, a wireless concierge level, 6,500 sq. ft. of flexible meeting space and a new concept restaurant by internationally acclaimed Chef Dominique Macquet, Bistro 38 by Dominique.

“Jefferson Parish has quickly rebounded over the last year and is an area ripe for growth and development, said Robert “Tico” Bevier, CHA, Vice President, Managing Director of Pyramid Hotel Group (PHG). “By launching this hotel in the heart of Metairie’s business district, we are addressing a growing segment of business travelers who use Jefferson as their base of operations. Our location near the Lake Pontchartrain Causeway and Interstate 10 makes it easily accessible for corporate guests and meeting attendees, whether flying or driving.”

“The opening marks our continued investment in the New Orleans market,” said Larry Vitagliano, Senior Vice President, Operations, PHG. “We are excited about the opportunity to expand our portfolio in a location with untapped potential for business travel.”

Specifically designed for the business segment, the hotel’s guest rooms feature Marriott’s Room that Works^®. The 32-inch plasma screen televisions can interface with both laptop computers and offer a split screen to display both high definition television and a computer screen simultaneously. Additional electrical outlets have been added and a connectivity panel provides versatile multimedia usage such as PDAs, portable DVDs and IPods. New Marriott Bedding^® features 300-thread-count sheets, additional pillows, plush mattress toppers and freshly laundered duvets.

“The amenities are designed to satisfy the discerning business traveler,” said Bevier. “And they will be matched with the legendary Marriott service and meeting expertise that makes Marriott a leader in the industry.”

Bevier noted that the food and beverage offerings will fill a void in the area’s dining options—servicing hotel guests, the more than 4,000 businesspeople within the Lakeway Center, and the entire Jefferson community.

“Bistro 38 by Dominique will feature classic Country French cuisine in a casual bistro setting and Perks a Starbucks, ‘We Proudly Brew’ coffee shop will offer Starbucks coffee and tea along with pastries and pannini,” he said.

The Marriott has already begun taking reservations for meetings and it will begin accepting individual guest reservations in mid-April.

About the New Orleans Marriott Metairie at Lakeway
The New Orleans Marriott Metairie at Lakeway (NOMML) is located at 3838 North Causeway Boulevard in the Lakeway Office Tower. With 220 rooms, 33 of which are suites, the property offers 6,500 sq. ft. of flexible meeting space and the newest guest rooms in the New Orleans area. The property will feature “Bistro 38 by Dominique” a Country French Bistro concept created by world class renowned Chef Dominique Macquet. The property is expected to open in Spring, 2007. Call (504) 836-5253 for reservations or log on to www.marriott.com/MSYMM.

About Pyramid Hotel Group
Pyramid Hotel Group, founded in 1999, is a full-service hotel company that owns, manages and asset manages hotels and manages hotel construction/renovation projects. Pyramid Hotel Group currently has a portfolio of more than 37 hotels under management and asset management throughout the U.S. For more information about Pyramid Hotel Group, visit the company’s website, www.pyramidadvisors.com.

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