Mar 1, 2004

Capstone Advises The Preferred Hotel Group (fka: IndeCorp)

Capstone advised Preferred Hotel Group on the acquisition of John Ueberroth. Terms of the deal were not disclosed.

Preferred Hotel Group is a global leader in the hospitality industry. This creative, cutting-edge company is designed for a new era in travel – one in which travelers embrace the individuality of a distinctive guest experience as they demand a consistent commitment to excellence. The five renowned brands of Preferred Hotel Group include: Preferred Hotels® & Resorts, Preferred Boutique™, Summit Hotels & Resorts™, Sterling Hotels™ and, most recently, Historic Hotels of America®. John Ueberroth has more than 30 years of executive level experience in the travel industry, ranging from global travel agencies, to airline and travel service companies, as well as major industry associations.