PRESS RELEASES

Vantage Hospitality Signs Agreement with American Hotels International and Expands into North Africa
Value Inn Worldwide Flag to Fly in Morocco and Tunisia

CORAL SPRINGS, Florida (December 10, 2008) Vantage Hospitality Group, Inc., and American Hotels International LLC (AHI) recently signed an agreement giving AHI the exclusive right to develop the Value Inn Worldwide brand in Tunisia and Morocco. This is the first Vantage presence in Africa and is the premiere launch of its limited service Value Inn Worldwide brand internationally.

For Vantage, the 12th largest hotel company in the world, the new brand builds upon the success of its award-winning Americas Best Value Inn, recognized by the lodging industry as the fastest growing United States hotel chain for the past six years with nearly 800 hotels and over 50,000 rooms in North America. Its Chinas Best Value Inn is on the rise in China, and the upscale Lexington Collection, launched in 2007, has seen rapid growth in China and the U.S.

"After researching many hotel companies, we chose Vantage because of its corporate philosophy of putting hoteliers first. The depth of the company's worldwide resources, innovative programs, and giving hotel owners the freedom to make their own business decisions is a proven formula for success and continues to attract hotel owners throughout the world," said Abdessamad ("Sam") Nhairy, principal of AHI. Plans include rebranding hotels in the imperial cities of Morocco (Casablanca, Rabat, Fez, Marrakesh) and Tunisia (Tunis, Carthage).

"Sam's industry expertise is a great advantage for developing our brand with hotel owners. By initially targeting popular tourist areas, we're confident that Value Inn Worldwide will exceed its potential and become the hotel of choice for the leisure and business traveler. We're looking forward to a successful relationship," said Bill Hanley, Partner and Managing Director of International Development for Vantage.

The properties being developed by AHI will be following Vantage's Freestyle Membership Model. Created by Vantage's CEO, president and founder, Roger Bloss, it is considered an "affordable alternative to franchising." This membership model offers hotel owners low, flat monthly fees based on number of rooms; no royalties; short-term contracts, no liquidated damages, a choice of amenities, and a voice and a vote in all major brand decisions.

About AHI
American Hotels International, LLC (AHI) of Herndon, Virginia was founded with a vision to bring American style, value-oriented hotel brand management to North Africa. AHI's staff will leverage hospitality, tourism, and regional expertise to promote brand awareness and increase market share.

About Vantage Hospitality Group, Inc.
Headquartered Coral Springs, Florida, Vantage Hospitality Group is the 12th largest hotel company worldwide and the only hotel company to be ranked three years in a row on the Inc. 500/5000 List of Fastest Growing Private Companies. Founded in 1996, the company has grown to include a broad spectrum of hospitality-related ventures, managing resources in hotel ownership, management, marketing, national brand affiliation and real estate. Vantage's award-winning membership hotel brand, Americas Best Value Inn, has been recognized by the lodging industry as one of the fastest growing chains six years in a row. The company continues to grow with its upscale hotel chain, The Lexington Collection - the only membership hotel brand in the three and four diamond lodging segments. Vantage will continue to expand its brands domestically as well as in international markets including India, China, Canada, Mexico, Africa, and the Middle East.