Five Star Parking Awarded Parking Contract at Los Angeles' Landmark Westin Bonaventure Hotel

The Westin Bonaventure Hotel is a 1,354-room hotel making it the
largest hotel in Los Angeles. Five Star Parkings experience and first
class operations expertise will support the 24-hour parking operations
at Los Angeles largest convention hotel. The hotel has over 400 valet
spaces, 110,000 square feet of meeting space and a full-service
business center.  

We are pleased to add the landmark Westin Bonaventure Hotel &
Suites to our client portfolio and look forward to our partnership with
one of the largest hotel chains in the country, said CEO David Damus. 

Five Star Parking takes an "ownership" approach to operations designed
to maximize revenue, lower overhead and achieve enhanced customer
loyalty and service.

Five Star Parking is one of the largest and most successful parking
operators in the United States with a proven record of success. Five
Star Parking owns, operates, and manages properties from coast to coast
with operations in 12 states and experience across the whole spectrum
of parking operations, from surface lots to commercial parking
structures to major international airports. 

About L&R Group of Companies

L&R, headquartered in Los Angeles, California, is a privately
held, wellcapitalized organization that operates five distinct parking
divisions: Five Star Parking, WallyPark, Joes Auto Parks, System
Parking, Inc., and Network Parking.

Five Star Parking is one of the largest and most successful parking
operators in the United States with a proven track record of success
and experience across the whole spectrum of parking operations. From
surface lots to commercial parking structures to major international
airports including the single largest parking contract in the United
States, where it is responsible for approximately $225 million in
annual revenue for the Port of New York and New Jersey. Five Star
Parking takes an "ownership" approach to operations designed to
maximize revenue, lower overhead and achieve enhanced customer loyalty.

WallyPark is one of the largest national offairport parking companies
located in five states and provides travelers with a unique level of
customer service. Travelers are pampered with a higher level of airport
parking services which extends beyond secure, convenient facilities and
24hour shuttles to include free amenities, special member programs and
exclusive car care services in select locations.

Since 1920, System Parking has specialized in providing customers and
clients with tailored parking solutions, and is one of the premiere
parking companies in the United States, with approximately 244
locations in 7 states and 14 cities. System Parking Inc. designs
customized, costeffective parking solutions and specializes in a
number of different parking venues consisting of hotels, hospitals,
surface lots, condominium and residential properties, office buildings,
and parking enforcement services.

For over 50 years, Joes Auto Parks has been one of the largest parking
operators in Los Angeles, with more than 85 downtown locations, each
strategically located in and around some of Los Angeles most well
known high density attractions and destinations.

Network Parking, headquartered in Cleveland, Ohio is a nationwide
parking company with experience in the management and operation of
office building, mixeduse, retail, residential, airport and hotel
parking facilities. Network Parking provides clients with an array of
consulting services including layout, equipment and operations for
valet, shuttles, validation programs, cashier services and car wash
services. Network Parkings experience provides a unique understanding
of clients goals, with the ability to provide addedvalue to their
real estate portfolios.