9.17.07
AAA Members to Receive Much Larger Discount at Sheraton Orlando North

Contact
Michael J. LaCosta, Vice President
Beckerman Public Relations
(908) 781-6420, michaelj@beckermanpr.com

ORLANDO, Fla. (September 17, 2007) – Owned by The Paramount Hotel Group and AMC Delancey Group, Inc, the Sheraton Orlando North has officially kicked off a new AAA promotion that will put an additional $20 in guests’ pockets.

When AAA members book a room at the Sheraton Orlando North they receive a standard AAA 10 percent discount for their stay. Now, the deal has gotten even sweeter, as those guests will also receive a $20 credit toward their next hotel room at the Sheraton Orlando North.

“Showing our AAA guests how appreciative we are for their patronage is important for maintaining our excellence in customer service and hospitality,” said Anita Blackwelder, director of sales at the Sheraton Orlando North. “AAA customers are some of the most loyal travelers, and we want to reward them for their ongoing support.”

The Sheraton Orlando North is a 390-room conference hotel located in the heart of the bustling Maitland, Fla., business corridor, just five miles north of downtown Orlando. The hotel’s tropical atmosphere immediately sets guests at ease, giving them a sense of comfort and belonging as they gaze at the dramatic waterfall in the newly renovated atrium. The luxurious guestrooms and suites feature dark mahogany and walnut furnishings and Sheraton’s amenities including high-speed Internet access, flat screen television, spacious work areas and the Sheraton Sweet Sleeper Bed®, a nine-layered custom-designed ensemble featuring an exquisitely comfortable, plush mattress, fluffy down hypoallergenic pillows, crisp cotton sheets, cozy blanket and signature blanket and duvet.

The 296,000-square-foot property also features 15,000 square feet of flexible meeting space, a 24-hour business center, state-of-the-art gym, restaurants, bar, concierge lounge, game room and outdoor swimming pool with dramatic water features including fountains and a Jacuzzi. The hotel (www.sheratonmaitland.com) is close to downtown Orlando, golf courses, shopping, restaurants and entertainment, the Orlando International Airport and major Orlando theme parks.

About Paramount Hotel Group
Paramount Hotel Group, founded in 1999, is a premier hotel management and development company that specializes in value-oriented management of full and limited service hotels nationwide. As an independent operator, Paramount team has successfully managed hotels under every major brand including Marriott, Hilton, Radisson, Sheraton, Crown Plaza, Holiday Inn, Ramada and Howard Johnson. The company is headquartered in Fairfield, N.J., and manages and/or has ownership interests in 27 properties with more than 3,000 rooms.

About AMC Delancey Group
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 .

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