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KOR HOTEL GROUP REPOSITIONS SHERATON GATEWAY LAX AS THE NEW 802-ROOM 'BOUTIQUE' ON THE BLOCK

$13.5 Million Renovation Creates the Sexiest Airport Hotel

Los Angeles, CA - Los Angeles-based Kor Hotel Group has dramatically redefined the term "boutique hotel" with its recent reinvention of the Sheraton Gateway Hotel Los Angeles Airport.

Following a $13.5 million renovation, the 802-room Sheraton hotel boasts a distinctive blend of style, comfort and convenience for its guests and brings parent Kor's signature boutique hotel experience to the LAX corridor.

"We have always considered the Sheraton the most conveniently located hotel in the airport area," said General Manager Michael Miner. "Now with our redesigned interiors, it is one of L.A.'s most fashionable hotels as well."

Guestrooms and suites are richly appointed with black wash ebony furnishings, occasional tables with red faux ostrich finishes, Lucite lamps and textured leather headboards. The refined urban look continues throughout the lobby and public spaces with modern furnishings and a rich palette of charcoal, black, navy and crimson.

The hotel's outdoor heated pool area has gained a fresh resort-destination identity with its elegant black and white cabanas, patio dining area and surrounding palms and flora. After guests dine al fresco poolside, they can work out in the new 1,240 square foot fitness center which features a "cardio theatre" complete with personal flat screen televisions.

The hotel's 45,000 sq. ft. of meeting space will be fittingly recreated with new interiors and equipment this fall. Wireless Internet service will be available in the public areas.

Kor will also premiere a full-service Starbucks café and celebrated Shula's Steak House restaurant at the Sheraton Gateway by year's end.

ABOUT KOR HOTEL GROUP
The Kor Group is a privately held real estate development and management firm with investments primarily in hotels and multi-family real estate. Kor Hotel Group, the hospitality division of Kor, holds a diverse property portfolio and manages both its own assets and non-owned hotels under third-party management agreements. Kor Hotel Group's properties include Viceroy Santa Monica and Viceroy Palm Springs, Avalon Hotel and Maison 140 in Beverly Hills, Sheraton Delfina in Santa Monica and Sheraton Gateway Los Angeles Airport, as well as the forthcoming Chamberlain, opening in West Hollywood spring 2005, Viceroy Anguilla Resort and Residences and Viceroy Mayakoba debuting in 2007.