Entrepreneur Sheila C. Johnson Adds Renowned Florida Resort and PGA TOUR Venue to Growing Portfolio of Unique Properties

Salamander Hospitality, LLC today announced the purchase of the Innisbrook Resort and Golf Club, a 900-acre destination resort featuring four championship golf courses including the famed Copperhead, site of the PGA TOUR's PODS Championship played in March. Innisbrook becomes the newest addition to Salamander Hospitality's growing portfolio of premier properties owned by Sheila C. Johnson.

"We are very excited to have acquired such a well-respected resort with a history of being among the finest in Florida for outstanding golf and meetings," said Ms. Johnson. "Our goal is to elevate this unique resort and golf club to its rightful place as one of America's most sought after destinations, offering guests rest, relaxation and sporting pleasures and serving as an inspiring backdrop for group meetings."

Johnson and Salamander Hospitality President Prem Devadas also announced plans for an immediate renovation of the resort's amenities, including the Island Golf Course, already rated 4.5 stars out of 5 by Golf Digest, the three golf clubhouses and over 65,000 square feet of meeting space. Within the first 24 months, the company will also develop the resort's first full service luxury spa and renovate the tennis and fitness facilities. Mr. Devadas, who previously served as Managing Director of a collection of luxury properties which includes the renowned Kiawah Island Golf Resort said, "In addition to implementing our renovation plans, we will work with Innisbrook's proud and caring staff, many of whom have been with the resort for over 20 years, to enhance service throughout the resort in keeping with our Salamander culture. This combination of facilities and service enhancements, led by Chuck Pomerantz, our Vice President of Operations, will be the basis for Innisbrook's successful turnaround."

About Innisbrook Resort and Golf Club

Situated on over 900 acres of beautiful preserved nature on Florida's Gulf Coast near Tampa, Florida and 30 minutes from Tampa International Airport, Innisbrook Resort and Golf Club features 72 holes of championship golf, 620 spacious guest suites and rooms, four restaurants and three bars, the Innisbrook Golf Institute, 11 tennis courts, fitness and racquetball center, six swimming pool complexes, a nature preserve, and three conference halls with 65,000 square feet of meeting space. For additional information visit http://www.innisbrookgolfresort.com/.

About Salamander Hospitality

Salamander Hospitality, based in Middleburg, Virginia, owns, manages and develops hotels, resorts and inns that reflect the authenticity and character of their surrounding environment to become community landmarks. Salamander Management Services, the newest division of hospitality, is presently overseeing the development of the Royal Cosmopolitan Hotel in New Orleans, Louisiana, and The Colosseum in Blacksburg, Virginia. For additional information visit the web site at http://www.salamanderhospitality.com/

Source: Salamander Hospitality, LLC