Kimpton Hotel & Restaurant Group Names New President

May 25, 2006

SAN FRANCISCO, California — Michael Depatie has been named president and CEO of the Kimpton Hotel & Restaurant Group LLC, effective July 1.

He will be responsible for overseeing the operations, development, finance and legal activities of the boutique hotel chain.

Depatie joined Kimpton in 2003 as CEO of Real Estate for Kimpton Group Holding, LLC, the parent company of Kimpton Hotel & Restaurant Group. He was responsible for securing funds and for the acquisition and development of new hotels and restaurants. During his tenure, he created a finance and development department, and formed the $157.2 million Kimpton Hospitality Partners, L.P. ("KHP Fund"), a limited partnership to acquire, develop and redevelop boutique/lifestyle hotel properties.

Depatie will succeed Tom LaTour, who is retiring from the company.


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