PROVENANCE HOTELS AND NBP CAPITAL PARTNER TO PURCHASE SEATTLE S ROOSEVELT HOTEL Announce plans to refresh and rebrand historic 151 room Seattle hotel.

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1 MEDIA KIT

2 Media Contact: Kate Buska, Public Relations Director , PROVENANCE HOTELS AND NBP CAPITAL PARTNER TO PURCHASE SEATTLE S ROOSEVELT HOTEL Announce plans to refresh and rebrand historic 151 room Seattle hotel. February 17, 2015 Seattle, Wash. Provenance Hotels, owner and operator of award-winning independent lifestyle hotels, has partnered with NBP Capital, a privately held investment real estate fund, to purchase the Roosevelt Hotel in Seattle from North Coast Washington, LLC which, in partnership with Provenance Hotels, had owned the property since The property will continue to be affiliated with Coast Hotels for the next 60 days until Provenance Hotels assumes management. Provenance Hotels and NBP Capital are both headquartered in Portland, Ore. and equal partners in the acquisition. They plan to install a marquee restaurant tenant and bring the iconic hotel property back to its original prominence. Opened in 1930, the 151 room Roosevelt Hotel is located at the intersection of 7 th Avenue and Pine Street in downtown Seattle, across the street from the Washington State Convention Center, steps from the central business district, in the heart of the retail core, just a few blocks from Pike Place Market and the waterfront. The acquisition of the Roosevelt Hotel is the second joint acquisition for NBP Capital and Provenance Hotels in two weeks. Earlier this month, they announced their purchase of the historic Woodlark and Cornelius buildings in downtown Portland, Ore. and intent to launch an adaptive reuse project that will renovate the properties into a 150 room hotel. "We're delighted to deepen and strengthen our partnership with Provenance Hotels, an owner and operator with an unimpeachable track record in the lifestyle space and expert knowledge of the Seattle market," said Lauren Noecker Robert, Managing Member of NBP Capital. With their history of savvy investment and our shared vision, partnering with NBP Capital to return the Roosevelt Hotel to its rightful place among Seattle s top hotels is a natural. We have been and continue to be bullish on the Seattle market and we are confident we can lead the Roosevelt to success in the dynamic downtown environment, said Gordon Sondland, Founder and CEO of Provenance Hotels. Sentinel, which we opened last year, has become Portland s living room a place where locals and visitors gather and mingle. We aim to create the same experience at the Roosevelt, added Bashar Wali, Principal and President of Provenance Hotels. Our first order of business is to bring a restaurant to the space that the city can be proud of much like we did around the corner with Miller s Guild at Hotel Max. As with all our hotels, we also plan to incorporate an art component and curate local products to make the Roosevelt truly a Provenance experience that channels the best Seattle has to offer. When completed, the project will join Hotel Max and Hotel 1000 as Provenance Hotels third owned and operated hotel in Seattle. The company also owns and manages Portland s Hotel Lucia, Hotel deluxe and Sentinel as well as Hotel Murano in Tacoma, Wash. and Hotel Preston in Nashville, Tenn. Provenance Hotels is slated to open the Old No. 77 Hotel & Chandlery New Orleans in spring 2015 and is developing a hotel in the Woodlark and Cornelius buildings in Portland with NBP Capital. In addition Provenance Hotels owns the Westin Portland and Paramount Hotel in Seattle.

3 Media Contact: Kate Buska, Public Relations Director , SMOOTH SAILING FROM SEATTLE: CRUISE PACKAGES AT HOTEL 1000 AND THE ROOSEVELT HOTEL April 10, 2015 SEATTLE Just in time for this summer s cruise season, Seattle s Hotel 1000 and Roosevelt Hotel are debuting pre-cruise packages for Alaska-bound travelers. From an all-bases-covered start to a luxury cruise vacation to an affordable pre-cruise stopover that covers the basics, cruise packages at Hotel 1000 and the Roosevelt Hotel promise smooth sailing from Seattle. Cruise passengers looking for luxury will find it at the Forbes Four Star-rated and Condé Nast Traveler Gold List-ranked Hotel The hotel s Cruise in Style overnight package features expertly appointed overnight accommodations; town car transportation from Seattle-Tacoma International Airport to the hotel and onward to the cruise port; and a prescheduled wake-up call so guests can rest assured they will arrive at their ship on time. Hotel 1000 s Cruise in Style package is bookable now through September 30, 2015, with rates starting at $459 per night, plus tax. Reservations can be booked online at The Roosevelt Hotel s Seattle to Sea cruise package is affordably priced and ideal for travelers who want to stay in the heart of the city. Cruisers who book the package enjoy overnight accommodations, prescheduled transportation from the hotel to the cruise terminal and a wake-up call to help ensure they are ready to board on time. Seattle to Sea is bookable at the Roosevelt Hotel now through September 25, 2015, with rates starting at $229 per night, plus tax. Reservations can be booked online at ### About Hotel 1000 Located at st Avenue and Madison Street, Hotel 1000 is Seattle s premier luxury hotel in the heart of Seattle. Rated Four Star by Forbes Travel Guide and #1 on TripAdvisor, Hotel 1000 is known for its expertly-appointed accommodations, personalized service and leading-edge technology. Hotel 1000 can be found online at or by calling About the Roosevelt Hotel The Roosevelt Hotel is a beautiful, historic and pet-friendly boutique hotel in the heart of downtown Seattle, located at th Avenue at the intersection of Pine Street. Located across the street from the Washington State Convention Center and Pacific Place mall, the Roosevelt Hotel is just six blocks from the world-famous Pike Place Market and Seattle waterfront. Book the Roosevelt Hotel at or by calling

4 Media Contact: Kate Buska, Public Relations Director , PROVENANCE HOTELS NEW YEAR S RESOLUTION: FREE WI-FI IN 2015 Art-filled lifestyle hotels in Seattle, Tacoma, Portland, Nashville and New Orleans will Eliminate Wi-Fi Fees for Overnight Guests on January 1, Portland, Ore., Dec. 29, 2014 With the New Year just around the corner, Provenance Hotels has resolved to make working remotely and keeping in touch even easier and less expensive in 2015 by eliminating Wi-Fi fees for overnight guests at Hotel Max in Seattle, Hotel Murano in Tacoma, Portland s Hotel Lucia, Hotel deluxe and Sentinel, and Hotel Preston in Nashville. Over the course of the past year, Provenance Hotels has invested hundreds of thousands of dollars in upgrading the Wi-Fi experience at the company s hotels with fiber optic internet to increase bandwidth, speed and capacity. On January 1, 2015, the company will cease charging for Wi-Fi at all its hotels so interfacing with the office and surfing the web from the comfort of a Provenance Hotels guest room will not only be fast and efficient it will be free, too. Internet access is an essential amenity and we ve long been focused on providing the fastest, most reliable service available to our guests, said Bashar Wali, President of Provenance Hotels. Making it available free of charge is the natural next step in our commitment to keeping travelers who stay at our hotels connected. Seattle s Hotel 1000, which already provides guests with free Wi-Fi, joined the Provenance Hotels family in July Wi-Fi will also be free at the company s Old No. 77 Hotel & Chandlery, which is slated to open in the heart of New Orleans Arts District in spring # # # About Provenance Hotels Founded in 1985 and headquartered in Portland, Ore., Provenance Hotels owns and operates award-winning urban boutique hotels with distinct and deeply integrated art stories. They include Hotel deluxe, Hotel Lucia and Sentinel in Portland, Ore., Hotel Max and Hotel 1000 in Seattle, Wash., Hotel Murano in Tacoma, Wash., and Hotel Preston in Nashville, Tenn. In spring 2015, the company will open the Old No. 77 Hotel & Chandlery in New Orleans, La. Provenance Hotels can be found online at

5 1531 7th Avenue, Seattle WA Year Built: 1929 Rooms: 151 PROPERTY HIGHLIGHTS LOCATION The Roosevelt Hotel, a historic Seattle landmark, has welcomed travelers to the Pacific Northwest since Today, it remains a gracious provider of comfort, hospitality and insight into the far reaching discoveries of Seattle. Surrounded by enticing restaurants, eclectic retail posts, theaters and museums, the Roosevelt Hotel provides travelers with a comfortable home base for exploring the best Seattle has to offer. The Roosevelt s spacious, well-appointed rooms feature a blend of modern and classic furnishings. Guests enjoy complimentary Wi-Fi and have access to our complimentary 24-hour fitness center and business center. Perfectly positioned in the heart of downtown Seattle, the Roosevelt Hotel is located across the street from the Washington State Convention Center, just six blocks from the world-famous Pike Place Market, a short stroll from hip Capitol Hill, near Seattle Center and the iconic Space Needle, and rests in the heart of the city s best shopping and restaurants.

6 INTERSTATE 65 ROOSEVELT HOTEL FIRST AVE POST ALLEY

7 HOTEL AMENITIES 24-hour business center 24-hour fitness center 24-hour room service Free wifi Pet friendly Valet parking

8 ROOSEVELT HOTEL th Avenue, Seattle WA Phone: Fax: PR Director Kate Buska instagram.com/roosevelt_hotel/ facebook.com/roosevelthotel twitter.com/roosevelt_hotel