Merrill Lynch & Co. Inc.
Philip Korot, Managing Director
New York, New York

Marriott Vacation Club International
Thomas Davis, Jr., AIA
Senior VP – Development & Construction
Orlando, Florida

Starwood Hotels
Ted Darnall, President
White Plains, New York

Petra Capital Management
Andrew Stone, Principal
New York, New York

Deutsche Bank
Kevin McCann, Managing Director
New York, New York

Watermark Hotel Company, Inc.
Patrick J. Kennedy, President
San Antonio, Texas

The Carlton Hospitality Group
John Bralower, President
New York, New York

Barclays Capital
Robert (Randy) Hynote, Managing Director
San Francisco, California

Morgan Stanley / Merchant Banking
Michael Quinn, Managing Director
New York, New York

Paulson & Co., Inc.
Michael Barr
New York, New York

Paul Hastings, Attorneys
Rick Kirkbride, Chairman
Los Angeles, California

Intercontinental Hotels Asia Pacific
Paul Reyburn, Director of Design
Singapore

Interstate Hotels
Randy Sumner, VP of Architecture & Const.
Scottsdale, Arizona

Hyatt Vacation Ownership, Inc.
John Burlingame
Chicago, Illinois

Hyatt Hotels Corporation
Pat McCudden, Senior Vice President – Real Estate Development – Latin America
Chicago, Illinois

HVS International
Andrew Cohan, Consultant
Miami, Florida

Four Seasons Hotel
Duffy Keys, Senior VP, Vacation Ownership
San Diego, California

Fortress Capital Finance
Michael Demarco, Managing Director
New York, New York

Fortress Investment Group, LLC
John G. Jegen, Vice President
New York, New York

Danske Bank
David Daniel, Asst. GM – Credit
London, Great Britain, United Kingdom

Countrywide (Bank of America)
Mark De Lotto, Senior Vice President
New York, New York

Colony Capital
Tom Harrison, Principal
Los Angeles, California

CitiGroup
Robert (Bob) Scoville, Managing Director (CitiGroup Property Investor)
New York, New York

The Carlyle Group
Chip Lippman
Washington, D.C.

Blackacre Capital Management, LLC
Suzanne E. Kelley, Managing Director
New York, New York

Apollo Global Real Estate
Joseph F. Azrack, Managing Partner
New York, New York

Cooper Horowitz, Inc.
Richard Horowitz, President
New York, New York

Wynn Resorts
Steve Wynn, CEO
Las Vegas, Nevada

Starwood Hotels & Resorts Worldwide David Bray
Senior Project Director of Design & Const.
Phoenix, Arizona

Morita/Sony Trust
Joseph Morita, CEO
Tokyo, Japan

Daewoo Corporation
Young Sik Park, Executive Vice President
Seoul, South Korea

Metlife
Joel Redman, Director
San Mateo, California

Lehman Brothers Holdings Inc.
Mark Walsh, Managing Director, Real Estate Private Equity, Inc.
Kevin Dinnie, Managing Director, Real Estate Private Equity, Inc.
Anthony Barsanti, Managing Director, LAMCO LLC (a wholly owned subsidiary of Lehman Brothers Holdings, Inc.)
New York, New York

United States Navy
Scott Forrest, Director of Navy Facilities
Washington D.C.

Starwood Capital
Tim Fox, Senior Vice President
Greenwich, Connecticut
Mark Perrin, Vice President
San Francisco, California

First Hawaiian Bank
Donald G. Horner, President
Honolulu, Hawaii

Denver International Airport
Reginald Norman, NCARB, Manager of Design, Engineering Division
Denver, Colorado

Trimont Real Estate Advisors
John Charles, Managing Director
Atlanta, Georgia

Forest City Residential Group
Ron Ratner, President,
Forest City Enterprises Inc.
Cleveland, Ohio

D.R. Horton
James K. Schuler, Chief Executive Officer
Honolulu, Hawaii

H&S Ventures
Michael Schulman
Corona del Mar, California

Northwestern Mutual Insurance Co.
Dennis Sidbury, Vice President
San Francisco, California

Continental Airlines, Inc.
Wayne Theis, Manager, Corporate R. E.
Houston, Texas

Auberge Hotels
Laurie Cameron
Dallas, Texas

Castle Resorts and Hotels
Richard Wall, Chief Executive Officer
Honolulu, Hawaii

AIG Real Estate
Jon Liebergall, Managing Director
Wilton, Connecticut

Summit Commercial Properties
Jack Mahoney, President
El Segundo, California

Belrad Group
F. James Kehoe, Managing Principal
San Francisco, California