1.09.06
The Springfield Holiday Inn's Restaurant is Set to Undergo a Dramatic Mediterranean Makeover
Impressive Transformation Will Provide Guests With A Truly Unique Dining Experience

Contact
Kathleen Pallas, Beckerman Public Relations
(908) 781-6420, Kathleen@beckermanpr.com

SPRINGFIELD, MA, JANUARY 9, 2006— AMC Delancey Group, Inc., a Philadelphia-based national real estate investment company, announced that its Springfield Holiday Inn hotel is currently renovating its 4,400-square-foot restaurant to include an 850-square-foot private executive dining room. The restaurant transformation will include a Mediterranean-style restaurant and lounge called Panorama. The restaurant will seat 90 guests, with a private dining area available to seat up to 35 guests. The lounge will seat up to 40 guests. The overhaul is scheduled to be complete by early 2006.

“We are thrilled with the dramatic renovations already in progress,” said Andy Taymans, general manager of the Springfield Holiday Inn. “Our goal continues to be to provide the most enjoyable experience for our guests. With this restaurant overhaul, we are well on our way to achieving this goal.”

The restaurant and lounge offer commanding views, overlooking The Pioneer Valley and distant Berkshire Mountains. Not only will the makeover include a sophisticated design, including new fixtures, furnishing and finishes, but the flavors will receive a little rejuvenation of their own. A new menu, featuring the tasting creations of Executive Chef Matthew Jolie, will spice up the Mediterranean cuisine. By the glass or by the bottle, an impressive collection of wines will also be available to guests.

The design team will be headed by CSPD Associates from Lancaster, PA and Premier Purchasing and Design from Harrisburg, PA.

The 128,502-square-foot Springfield Holiday Inn is a signature 242-room hotel, offering a first-class experience for its guests, as well as state-of-the-art conference facilities for corporate meetings and events. Located at 711 Dwight Street in Springfield, Massachusetts, the hotel is situated in the natural gateway to western Massachusetts, 17 miles from Bradley International Airport, and minutes from Interstate 90 and 91, and public transportation. With a convenient, vibrant downtown and ambitious riverfront development scheduled, Springfield's Center welcomes leisure and business travelers alike. Area attractions include the Naismith Basketball Hall of Fame, Six Flags New England and Dr. Seuss National Memorial. The Springfield Holiday Inn is owned by an affiliate of the AMC Delancey Group, and managed by GF Management, a Philadelphia-based hotel management company.

For more information on The Springfield Holiday Inn call (413) 781-0900.

About GF Management
Founded in 1988, GF Management is a Philadelphia-based hospitality management, acquisitions and evaluations company. The company operates hotels for third party investors and lenders, and is actively pursuing additional acquisitions and management contracts. Over the past ten years, GF Management has acted as a receiver for hotel properties throughout the country and has performed hotel management, receiverships, workouts, and evaluated more than 100 hotel properties for financial institutions. GF Management currently operates and/or manages hotels under the various flags associated with Hilton, InterContinental Hotel Hotels & Resorts, Marriott, Starwood, Radisson, U.S.F.S., Cendant and Choice, as well as independent properties.

About AMC Delancey Group, Inc.
Founded by Kenneth P. Balin in 1992, AMC Delancey Group, Inc. is a leading real estate investment and development firm that aligns interests and co-invests with a growing number of real estate operating partners throughout the United States. Headquartered in Philadelphia, Pennsylvania, the Company's programmatic approach focuses first on the quality of potential operating partners, next on their investment strategies, and then on the specific properties proposed for acquisition. The Company's current investment programs include hotel, office, retail, multi-family, condominium, mixed use, and land development. AMC Delancey plans to expand these and future investment programs throughout the United States, with both existing and new operating partners, with investments targeted over the next several years in excess of one billion dollars. For more information on AMC Delancey Group, visit www.amcdelancey.com .