FAIRFAX, Va., July 1, 2011 /PRNewswire/ — Crestline Hotels & Resorts, Inc. today announced it has assumed management of the Courtyard by Marriott Washington Capitol Hill/Navy Yard hotel. The announcement comes as Chesapeake Lodging Trust, a Real Estate Investment Trust (REIT), acquires the 204 guestroom hotel which is the closest property to the Washington Nationals Baseball Stadium and in close proximity to Capitol Hill. The 14-story hotel, which is perfect for business and leisure travel, also includes 2,215 square feet of meeting and event space. It is within walking distance to the Navy Yard Metro Station.

“The Courtyard by Marriott Washington Capitol Hill/Navy Yard is a strategically located and attractive property,” said James Carroll, President & Chief Executive Officer, Crestline Hotels & Resorts. “We look forward to enhancing, and improving upon, the hotel’s reputation for excellent service and quality accommodations and amenities,” added Carroll.

The Courtyard by Marriott Washington Capitol Hill/Navy Yard

Located at 140 L Street, SE in Washington, D.C., the hotel offers a selection of well-appointed guest rooms and suites each with a coffee maker and microwave oven. In addition, each guest room features luxury bedding, a work area with dual line telephones, a desk and high speed wireless Internet access throughout the hotel. Breakfast, lunch and dinner are available in the Courtyard Cafe and cocktails and dinner are served in the Dugout Lounge. The hotel is in close proximity to area restaurants and attractions including Washington Nationals’ stadium, Capitol Hill and Arlington National Cemetery.

The Courtyard by Marriott Washington Capitol Hill/Navy Yard is five miles from Ronald Reagan Washington National Airport and 30 miles from Washington D.C. Dulles International Airport. For more information and reservations visit: www.marriott.com or call 1-866-329-0003.

About Chesapeake Lodging Trust

Chesapeake Lodging Trust is a self-advised lodging real estate investment trust (REIT) focused on investments primarily in upper-upscale hotels in major business and convention markets and, on a selective basis, premium select-service and extended-stay hotels in urban settings or unique locations in the United States. The Company owns nine hotel properties with an aggregate of 2,606 rooms in four states and the District of Columbia. Additional information can be found on the Company’s website at www.chesapeakelodgingtrust.com.

About Crestline Hotels & Resorts, Inc.

Crestline Hotels & Resorts, Inc. is one of the nation’s largest independent hospitality management companies. Founded in 2000, the company presently manages 48 hotels, resorts and conference and convention centers with nearly 8,800 rooms in 11 states and the District of Columbia. Crestline Hotels & Resorts manages 10 independent properties in major US markets including Atlanta, Houston, Los Angeles and Washington D.C. Crestline also manages properties under such well-regarded brands as Marriott, Hilton, Westin, Sheraton, and Crowne Plaza. For more information visit: www.crestlinehotels.com.

Note: Certain matters discussed herein are forward-looking statements within the meaning of the Private Litigation Reform Act of 1995. Certain, but not necessarily all, of such statements can be identified by the use of forward-looking terminology, such as “believes,” “expects,” “may,” “will,” “should,” “estimates” or “anticipates” or the negative thereof or comparable terminology.

SOURCE Crestline Hotels & Resorts, Inc.