Exceptional Offers Available Through Destination Hotels & Resorts Vacation Rental Collection

Luxury Vacation Rentals Now Are Mainstream According to Recent Industry Survey

June 26, 2006 – Denver, Colo. - A recent industry survey illustrates that luxury vacation rentals have come a long way since the days of property management companies and today provide travelers with modern, upscale resort experiences. From coast-to-coast, Destination Hotels & Resorts offers an exceptional selection of luxury vacation rentals that provide a great option for travelers seeking upscale services and amenities in contemporary, spacious settings.

Wild Dunes Resort in Charleston, S.C. is providing families with a great chance to experience a final summer escape to the beach with its “Summer Family Offer.” Guests who book a three to four night stay in a three or four bedroom villa or home receive $100 off the stay. If the offer is seven days or more, the discount increases to $200 off the overall room charge. Offer is valid for stays booked before Aug. 15, 2006. Other restrictions apply. To book, please call (877) 221-0901or visit www.wilddunes.com.

From the beach to the mountains of Wyoming, Teton Mountain Lodge is offering its “Fall Leaf Peeping Package.” The offer allows guests to enjoy the grandeur of Teton and Yosemite National Parks. The package includes three nights lodging, a list of the top 10 “leaf peeping spots” in the area, a disposable camera and a $50 American Express gift card upon check-in. Rates begin at $299 for a Lodge Room and $519 for a one bedroom unit. Offer is valid Sept. 5 through Oct. 31, 2006. Other restrictions apply. To book, please call (800) 801-6615 or visit www.tetonmountainlodge.com.

The Pacific Northwest provides the ideal setting for an active or relaxing retreat at Sunriver Resort in Oregon. The property is offering its “4 For 2” offer – stay two nights and receive the third and fourth nights for free. This special offer is available on all vacation homes and condominiums. Rates begin at $117 per night beginning Aug. 25. Restrictions apply. To book, please call (800) 801-8825 or visit www.sunriver-resort.com.

Vacation Rentals Offer Value & Hotel Service Levels
Luxury vacation rentals have evolved over the past ten years. “Vacation rentals” may conjure images of property management companies and limited service, however a recent survey conducted by Destination Hotels & Resorts illustrates that the perception has changed, as well as the quality of the products and services.

Approximately 3,000 consumers who have and have not stayed at vacation rental properties in the last three years responded to the Destination survey. “Vacation rental” was defined as vacation home, condominium, townhouse and condominium-hotel for the purpose of this survey.

Of those who have and have not stayed at luxury vacation rentals in the past three years, the majority responded that vacation rentals can provide the same level of service as traditional hotels. The survey showed that guests who have stayed at a vacation rental property show greater confidence in their experience compared to those who have not. For example, 78 percent of respondents who recently stayed at a vacation rental property believe they provide comparable service to traditional hotels.

Both sets of respondents agreed that “space” was the biggest factor when selecting a vacation rental with 29 percent of those who have stayed and 36 percent of those who have not. Perceived cost savings and traveling with multiple people also ranked in the top four reasons for both groups selecting a residential style accommodation. A recent AAA survey concluded that a family would pay an average daily rate of $125 for lodging in a standard hotel room suitable for only two guests. At various luxury Destination vacation rentals, this same family would pay anywhere from $99 to $219 per night for a two-bedroom, two bath spacious condominium.

Destination Hotels & Resort is an industry leader with more than 2,000 private vacation rentals available; most of which are located in full-service, premiere resort destinations. The company started with the opening of The Gant in Aspen in 1973. The Gant is an upscale condominium resort, which opened in a manner that was revolutionary for the hospitality industry with a front desk, concierge service and other resort-style amenities. The company now manages luxury vacation rentals from coast-to-coast ad most recently added the ultra-luxury Wailea Beach Villas in Maui, Hawaii. For more special offers and details on the Destination vacation collection, please visit www.destinationvacationrental.com.

Destination Hotels & Resorts is a privately held lodging management company headquartered in suburban Denver, Colo. With more than 30 independent, luxury and upscale hotels, resorts and golf clubs, Destination is the fifth largest independent hospitality management company in the country. The company’s portfolio features more than 8,000 guest rooms, 15 golf courses and 10 full-service spas. Destination Hotels & Resorts properties are located in key metropolitan and resort markets including New York, Washington, D.C., Chicago, Denver, Dallas, San Diego, Aspen, Austin, Phoenix, Palm Springs, Jackson Hole, Maui and Lake Tahoe. For more information on the properties in the Destination Hotels & Resorts collection, please visit www.destinationhotels.com.

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For high resolution, downloadable images of properties in the Destination Hotels & Resorts collection, please visit www.leonardo.com/destination.

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