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CONTACT:
Grant Sabroff
Boykin Management Company
216-430-1282 Tel
216-241-1329 Fax
gsabroff@boykin.com
www.boykin.com

Cleveland, OH, June 28, 2006

Boykin Management Company, one of the industry’s leading independent management companies, has announced that it has entered into a long-term agreement with the Hilton Austin Airport Hotel in Austin, Texas. The 262-room Hilton Austin Airport Hotel is owned by Austin Bergstrom Landhost Enterprises (ABLE) and opened in early 2001. The building originally operated as the headquarters for Bergstrom Air Force Base. FaulknerUSA, contracted by the City of Austin to renovate the hotel won the Texas Construction Magazine Best of 2001 award in the category of Outstanding Renovation/Restoration project for the hotel.

“We are pleased to have the opportunity to continue our excellent relationship with ABLE and be able to contribute to the future success of the Hilton Austin Airport,” said Grant Sabroff, Senior Vice President of Business Development at Boykin.

The Hilton Austin Airport Hotel is currently ranked within the top 15% of all Hilton Brand Full Service Hotels in the Voice of the Customer Rankings (the voice of the customer ranks Overall Loyalty, Overall Service, and Problem Free Stay). The Hotel has recently upgraded its accommodations to the new Hilton Serenity Collection, including Serenity Beds in all 262 rooms, stainless steel guestroom/bathroom accessories, and Cuisinart single-cup coffee makers.

The Austin Airport Hilton is recognized for its historical and current contributions to the Austin community. A Texas Historical Commission marker, dedicated in January, 2006, recognized the significance of the building to the state’s military history. The Army Reserve Ambassadors and Soldiers also recognized the Hotel and its staff at the conclusion of their conference in April, 2006. The hotel’s accomplishments have also been recognized by Child, Inc. (sponsor of the “Responsible Parenting” program) and the City of Austin Department of Aviation.

ABOUT BOYKIN MANAGEMENT COMPANY:
Boykin Management Company operates full service, Independent, Branded, Condo Hotels and Conference Centers with over 8,000 rooms from coast to coast while providing superior management services to owners and institutional lenders. Founded in 1958, Boykin has a track record of innovative marketing and direct sales programs and is a proven turnaround performer.
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