NEW GENERAL MANAGER
            CESAR GONZALEZ
             January 17, 2006

         Madison named one of the World's
            Best Hotels by TRAVEL + LEISURE
             January 3, 2006

         MADISON HOTEL TOP RATED HOTEL IN
            ZAGAT SURVEY AND CONDE NAST
            TRAVELER
             November 3, 2005

         The Madison Hotel Rings
             in a New Summer Tradition
              June 17, 2003

         The Madison Hotel Garners High Honors
            in the First Year of Operation
               May 22, 2003

         The Madison Hotel Announces
            a New Sunset Tradition
              March 18, 2003

         Grill 83 Announces New
            Lunch and Dinner Menus
              Apr. 29, 2003

         Madison Romance Release
              Jan. 28, 2003

         Preservation Awards
              Sept. 26, 2002

         Grill 83 Now Open in Downtown Memphis
              Aug. 16, 2002

          A Business Traveler's Elegant Escape
               May 7, 2002

          The Madison prepares to Open
               May 7, 2002

FOR IMMEDIATE RELEASE

Contact:
Amy Howell
Howell McQuain Strategies
1715 Aaron Brenner Dr., Suite 716
Memphis, TN 38120
(P) 901-737-0853 (F) 901-737-4609

The Madison Hotel Receives designations from AAA, Resorts and Great Hotels

MEMPHIS, Tenn., Feb. 28, 2003 - Downtown Memphis' newest luxury hotel has just received designations from two prestigious organizations in the hotel industry -Resorts and Great Hotels and AAA.

Resorts and Great Hotels, the Connoisseur's Guide to the World's Best has designated The Madison Hotel a "Connoisseur's Choice" for the year 2003. The Madison Hotel shares the "Connoisseur's Choice designation in 2003 with such legendary properties as The Plaza in New York; Inn on Biltmore Estate in North Carolina; and the Hotel Monaco in Chicago.

"This year's edition represents an amazing array of hotel and resort industry's most elite," said publisher Dan Fox. "It is with great pleasure that we showcase The Madison Hotel in recognition of its ultimate commitment to hospitality."

"We are honored to be associated with such a prestigious group of hotels and resorts," said Mohamad Hakimian, president and CEO of Unison Hotel Co., the management company of the hotel.