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Estancia La Jolla Hotel & Spa Named One of the `Worlds Hottest New Hotels` by Conde Nast Traveler Magazine; Estancia La Jolla Offers `Hot Summer Nights` Package to Celebrate Prestigious Honor

LA JOLLA, Calif.--(BUSINESS WIRE)--April 27, 2005--Estancia La Jolla Hotel & Spa is listed on the ``Hot List`` of the best new hotels in the world for 2005-2006 in the May issue of Conde Nast Traveler. This new hotel, managed by Destination Hotels & Resorts, is one of only three properties in California and among a dozen in the U.S. to make the coveted list.

``We are absolutely thrilled about the honor of being selected for the Hot List,`` said Giuseppe Lama, General Manager. ``Our property is a unique hybrid because it encompasses components of a luxury resort, spa, and state-of-the-art conference center. Estancia La Jolla has not even been open a year yet, so this is an extra special honor.``

To celebrate this prestigious listing, Estancia La Jolla is offering special rates near $200 and ``Hot Summer Nights`` packages including spicy margaritas at their casual dining establishment, Mustangs & Burros, a special Hot Stone Massage at The Spa at Estancia, hot air balloon rides, evening entertainment and many other hot activities. For reservations or more information call (877) 437-8262 or email reservations@estancialajolla.com. Information is also available at www.estancialajolla.com.

Estancia La Jolla is California`s only luxury hotel, spa and executive learning retreat. The setting is an early California rancho estate designed to renew and inspire. Estancia La Jolla features 210 beautifully designed guest rooms, including 11 suites, providing the luxury of a vacation, the necessities of the office, and the warm feeling of home. The property was opened in June 2004.

When compiling this exclusive hot list, editors at Conde Nast Traveler went undercover, so to speak, at more than 400 of the world`s most promising new hotels. The final list, featured in the May issue, included 116 properties throughout the world.

Estancia La Jolla Hotel & Spa was developed by Lowe Enterprises and is managed by Destination Hotels & Resorts. The architects and planners for Estancia La Jolla are Hill Glazer Architects. The interior architects are Babey, Moulton, Jue & Booth, and the landscape architect is Burton Associates.

Estancia La Jolla Hotel & Spa is one of 32 independent, upscale and luxury hotels, resorts and golf clubs in the United States managed by Destination Hotels & Resorts, the fourth largest independent hospitality management company in the country. The company, based in Englewood, Colo., features a portfolio of more than 8,000 guest rooms, 13 golf courses and nine full-service spas. DH&R properties are located in key metropolitan and resort markets including New York, San Francisco, Washington, D.C., Chicago, Denver, Dallas, Boston, San Diego, Aspen, Phoenix, Palm Springs, Jackson Hole, Maui and Lake Tahoe.

Destination Hotels & Resorts also provides consumers with access to a unique collection of lodging properties in the United Kingdom through a sales and marketing alliance with the De Vere Hotel Group PLC. This partnership extends the reach of DH&R to the U.K. with a partner who offers a similar portfolio of distinctive hotels and resorts. For more information on the properties in the Destination Hotels & Resorts collection or the De Vere alliance, please visit www.destinationhotels.com.

For high resolution, downloadable pictures of Estancia La Jolla Hotel & Spa and other Destination Hotels & Resorts properties, please visit www.leonardo.com