Fairfield Inn & Suites Harrisburg in Pa. Goes Airborne at Groundbreaking

City’s Newest Hotel Is Joint Venture between SARAA and Shaner
Hotels

HARRISBURG, Pa.–(BUSINESS WIRE)–Officials of Shaner Hotels, an award winning, international hotel owner,
operator and developer, today announced the groundbreaking of the
120-room Fairfield Inn & Suites Harrisburg. Located at the Harrisburg
International Airport (HIA) Airport, the four-story hotel is owned by
Shaner Hotels on land leased from the Susquehanna Area Regional Airport
Authority (SARAA), a joint-municipal authority that operates four
regional airports. The property will be managed by Shaner and was
financed by Kish Bank based in State College, Pa.

“The Fairfield Inn & Suites Harrisburg provides an important component
for HIA’s continued growth as the first hotel to be located adjacent to
the airport,” said Timothy Edwards, HIA executive director. “Currently,
the closest hotel is approximately seven miles away, which can prove
inconvenient for arriving and departing travelers. We did considerable
research regarding demand for a hotel, the proper segment and an
operator with knowledge of the market and an excellent reputation. We
believe this property will enhance the airport’s capabilities and
stimulate further growth in the area.”

“With our headquarters in State College, this hotel really is part of
our extended hometown, an area in which we have operated for more than
two decades,” added Lance Shaner, chairman and CEO. “In addition to
being literally connected to the airport terminals via walkway, the
hotel will be the first Marriott-branded hotel near the airport, which
we expect to stimulate additional demand. This marks our fourth property
in Central Pa., with an additional project slated to commence in
Mechanicsburg in the near future. We look forward to being good
neighbors and active members of the community for years to come.”

Located adjacent to the Harrisburg International Airport (HIA), the site
is just steps from the Middletown business community and Penn State
Harrisburg Campus. The proposed property will feature such amenities as
on-site laundry, fitness room, business center and 1,600 square feet of
meeting space. As with all Fairfield Inn & Suites, guests will enjoy a
daily, complimentary breakfast, as well as a lobby lounge and
full-service bar that offers a wide array of drinks and small bites food
menu.

“This hotel is an ideal addition to our growing, international portfolio
of select- and full-service hotels located in key markets with strong
demand generators and high barriers to entry,” said Plato Ghinos, Shaner
president. “HIA provides transportation to more 1.3 million passengers
and 100 million pounds of cargo annually. Furthermore, it is just a
short drive to such major attractions such as HersheyPark, Hershey’s
Chocolate World, the PSU Hershey Medical Center and downtown Harrisburg,
creating a strong lodging demand for leisure and business travelers
alike.”

HIA serves central Pennsylvania, making it the state’s third busiest
airport. All major airlines have hub locations at the airport, including
non-stop international flights to Toronto, Ontario, Canada.
Additionally, FedEx and UPS have extensive facilities at the airport,
which also serves as a take-off/landing practice runway for Air Force
One.

“SARAA have been incredible partners throughout the entire process,”
Ghinos added. “The airport has been under master plan for decades to
bring a hotel to the terminal, and it is gratifying to help complete
that process.”

About Shaner Hotels

Headquartered in State College, Pa., Shaner Hotels is one of the
foremost owner-operator companies in the hospitality industry with more
than $1 billion invested in 50 hotel properties owned and managed across
the U.S., Italy and the Bahamas. Over the past 40 years, the company has
also been engaged in both new development and redevelopment of more than
80 hotel projects with leading brand affiliations such as Marriott
International, Hilton Hotels & Resorts, InterContinental Hotels and
Choice Hotels. New properties are constantly evaluated as Shaner Hotels
continues a conservative yet opportunistic approach to growth. For more
information about the company and its divisions visit www.shanercorp.com.

Contacts

Daly Gray, Inc.
Chris Daly, media
703-435-6293
[email protected]