“Twenty years from now you will be more disappointed by the things you didn’t do than

by the ones you did do. So throw off the bowlines, sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.”

Mark Twain

To deliver a world-class hospitality experience, driven by superior strategic marketing, proven leadership and

extraordinary guest service ultimately providing the maximum financial return to owners and investors.

Noble House Hotels & Resorts is unwavering in its dedication to creating and managing unique, quality

properties that both reflect and make a profound contribution to their communities by staying true to

the local history, culture and environment.

Each is chosen as much for its feel as for its financial potential. And, although each resort’s physical aspects are captivating, the full experience would not be complete without passionate front-line personnel, who are guided and inspired by the talent

and expertise of the Noble House corporate team.

This collective knowledge, which covers everything from food and beverage to revenue management, and

renovation to meeting services, leads to optimization of every section of the property. And it’s evaluated along the way by the intangible, yet universally understood Noble House cultural benchmark. As a result of this meticulous objective and subjective attention to detail, each property meets the consistent, high standards of the Noble House legacy. And in turn, this unique collection continues to successfully penetrate the most challenging markets, and increase in value, both in the eyes of the consumer and in

the hospitality and real estate sectors.

In 1981, the company entered the hotel business when it purchased an office block in Dallas that included the historic Hotel Adolphus. Unable to find new management for the hotel and eager to create a different approach to the hotel industry, Westgroup made its first step to assuming a management and operational role in the hospitality sector.

The transition became official and complete in September 1994, when Westgroup Partners changed its name to Noble House Hotels & Resorts to focus exclusively on hotel and resort management and ownership.

Today, the Noble House hospitality portfolio encompasses 17 independent properties across the United States, covering each of the corners of the Country, and occupying some of the most coveted real estate in the Nation. Each property is in harmony with the local culture and environment,

and many of the acquisitions undergo limited to extensive renovations to enhance and restore differentiating qualities. Corporate offices are in Kirkland, Washington.

Nearly every aspect of the management processis overseen in-house, by an executive and implementation team that is intimately familiar with the individual (spa, restaurant, guest services,etc.) sections of operations, as well as the overall Noble House brand. This hands-on approach ensures accountability and leads to a rare and thorough understanding of each property.

Noble House continually strives to create and manage quality projects with proven business methods, strategic insight and innovation, and without extravagance. The company is committed to a philosophy of controlled growth, acquiring three to five properties per year.

Westgroup Partners, formerly the Pacific Seaboard Group, was founded in September 1979 by Pat Colee to develop and manage commercial properties,

specifically undervalued real estate.

Patrick R. Colee Chairman & Diane Colee

Over the course of more than 30 years and after holding executive positions with three major real estate firms, Mr. Colee has acquired expertise developing and operating properties. In 1976, he

cofounded Pacific Seaboard Group in Seattle where he developed 1,000,000 square feet of office and hotel space. Moving to Los Angeles in 1979, he founded Westgroup Partner. Before establishing Noble House Hotels & Resorts, Mr. Colee was responsible for leasing, development and management of properties for CJ. Segerstrom and Sons; Partner and President of Maguire Thomas Partners; and

General Manager, West Coast Division, of Gerald Hines Interests. As Chairman of the Board of Noble House, Mr. Colee is responsible for the direction and philosophy of the company and is personally

involved in developing the design and direction of each hotel. Mr. Colee holds an MBA from the University of Southern California.

Now the chief executive officer of Noble House, Mr. Donoghue has steadily climbed the ranks since he joined the company’s Commercial Division in 1981 to coordinate all property management, marketing and construction, including supervision of over 2.5 million square feet of office buildings, hotels and facilities. In his current position, Mr. Donoghue is responsible for the overall executive management of Noble House, and construction for Noble House’s Commercial Division,

including supervision of over 2,500,000 square feet of office buildings, hotels and parking facilities throughout California, Seattle, Austin, Dallas, and Florida. He holds a Bachelor of Arts from the University of Washington.

John M. DonoghueChief Executive Officer

Michael Benecke has been with Noble House for thepast twenty-three years, and has been a member of the Board of Directors for the past decade. Previously Noble House’s Chief Financial Officer, Mr. Benecke is now charged with overseeing the direct management of all hotel operations, including marketing, sales, revenue management, food and beverage, human resources, retail and spa services. Prior to joining Noble House, he worked for Sheraton Corp. as an

accountant. He holds a Bachelor of Arts from Rutgers University.

Michael BeneckeChief Financial Officer & President

Currently President of Development, James Colee began his career at Noble House Hotels & Resorts as an intern in 1993. Since then, James has worked his way through various developmentrelated positions over the years, with responsibilities

such as analyzing prospective investments, project management and oversight, co-founding Noble House Purchasing, and managing property insurance claim losses, to name a few. In his current position, he is responsible for formulating and regulating all of the company’s capital spending in addition to the oversight of all construction; from initial due diligence to design coordination and permitting through construction to final occupancy and turnover to the hotel operations team. Furthermore, he oversees the purchasing and design operations for Noble House Purchasing. He holds a Bachelor of Science in economics from the University of California at Santa Cruz.

James P. ColeePresident Of Development

At Noble House Hotels & Resorts, our Board of Directors is more than just a collection of talented business

executives. Each board member takes great pride in his role in the company

and is a hands-on, visionary industry

professional dedicated to the highest standards of

customer service and excellence. Each one understands that satisfying guests - and

employees - is the most important measure of

any hotel’s worth.

“The rewards of the journey far outweigh the risk of leaving the harbor.”

Unknown

As Noble House’s vice president/general counsel, Mr. Dyer is the chief legal officer in charge of corporategovernance and regulatory compliance, real estate transactions and financial relations. A member of the Noble House team since 1995, he also plays animportant role in the company’s key operationaldecisions. With extensive experience in all aspects of luxury hotel ownership and management as well as real estate development and legal issues, Mr. Dyer

was a criminal prosecutor for the State of Illinois prior to entering private practice. He received Bachelor of Arts and Juris Doctorate degrees from the University of Illinois.

Patrick DyerGeneral Counsel

As Creative Director of Noble House, Scott works across several departments to ensure the brand maintains a consistent message throughout. As part of the Development team, Scott manages all design and décor, from architecture to interior spaces. He also works alongside the Sales and Marketing team, co-managing all creative material for the company. The Retail department falls under his responsibility as well to round out and complete

the overall guest experience. Mr. Colee earned a Bachelor of Science in business from Skidmore College in New York.

Scott ColeeVice President Of Design

Little Palm IslandLittle Torch Key, Florida

Hotel + Resort ManagementWe offer complete management services for private and

institutional investors. Noble House Hotels & Resorts excels at every aspect of hotel/resort management, including, luxury spa, signature golf club membership, and marina operations.

Restoration + DevelopmentWe oversee the renovation and development of our properties. Our team of industry experts evaluate the upgrades in facilities

and services that a hotel needs to satisfy its customers. Our comprehensive redevelopment plans are designed to

enhance guest comfort and loyalty.

Portfolio Search + NegotiationNoble House Hotels & Resorts identifies opportunities for owners and investors looking to expand their portfolio. We examine the market

possibilities, and evaluate the potential for success. We support and help guide the buyers throughout the due diligence process.

Integrated MarketingNoble House Hotels & Resorts assist properties by developing

resources and tools for the sales and marketing divisions. Resource development includes, direct sales, guest history management, direct marketing, electronic marketing, revenue management, creative development & design, advertising, social marketing,

corporate marketing programs and guest loyalty initiatives.

The Noble House Hotels & Resorts management team has the experience to ensure the success of every property in our care. Our formula is simple yet unique: emphasize awareness of our resort products to the leisure traveler, develop strong relationships with meeting professionals and never miss an

opportunity to enhance the portfolio in up-scale leisure markets.

Whether working with a private owner to expand a property portfolio through strategic acquisitions, or with an institutional investor to renovate and manage an under performing resort, Noble House Hotels & Resorts enhances its proven business methods with strategic insight and innovation.

Rarely does a hotel management company take a hands-on approach in such diverse areas as property renovations and day-to-day operations decisions. Noble House, however, takes pride in our expertise in these functions as well as a number of others that affect the customer experience. With extensive backgrounds in hospitality marketing and years of direct experience in hotel and resort management, Noble House’s sales, marketing, and operations executives are uniquely qualified to help each hotel and resort gain exposure and achieve the ultimate in guest service and market penetration.

Mountain Lodge TellurideTelluride, Colorado

Dining Destinations

AquaSan Diego, California

6/7Seattle, Washington

Circa 59Palm Springs, California

Hot Tin RoofKey West, Florida

The Dining RoomLittle Torch Key, Florida

CuvÉeNapa, California

Baleen Los AngelesRedondo Beach, California

One BellevueNewport, Rhode Island

Fish Out of WaterSanta Rosa Beach, Florida

The ViewTelluride, Colorado

EntradaGateway, Colorado

Baleen NaplesNaples, Florida

North Ocean GrilleFort Lauderdale, Florida

Baleen OverviewRestaurant décor is playful, yet sensual. Great ambient lighting, candles, sheers, sensual

music and soothing water features are key elements. Baleen features great wine and interesting pairings designed to enhance the dining experience. The menu stays true to the woodroasted,

ocean-inspired cuisine with local and regional flavors reflecting the destination.

Noble House Hotels & Resorts carries its corporate commitment for distinctive locations, attentive service and the embodiment of local cultural

influences into its restaurant operations.

At each Noble House restaurant, talented culinary teams derive inspiration from their surroundings and showcase

the very best of local and regional flavors. Attention to both indoor and outdoor landscapes creates the ideal settings for each signature restaurant by reflecting each location’s

unique history, culture and décor. Al fresco settings include panoramic mountain landscape or soothing water views with

seven locations nestled directly on the ocean. Regionallyinspired cuisine prepared and served by attentive staff in distinctive, relaxed settings are the hallmark of Noble

House Hotels & Resorts fine dining venues.

SpaTerre, the signature spa brand of Noble House Hotels & Resorts, is designed to incorporate the

style and traditions of East and West cultures while promoting health (body), peace (soul) and relaxation (spirit) through global, cross-cultural spa experiences.

Our goal is to allow every guest to be blissfully detached from the everyday world, while remainingkeenly sensitized to the spa’s harmonic and holisticsurroundings. Private treatment suites feature gentle

design elements such as crystal chandeliers, teak furnishings, candles, luxurious fabrics

and peaceful music.

Features + Signature TreatmentsAt locations around the country, guests can enjoy couples’ dual massages, wet rooms with Vichy showers, outdoor treatment spaces and traditional Japanese soaking tubs. By incorporating indigenous local rituals, each location offers its own unique treatments such as the Key Lime Margarita Pedicure at Little Palm Island and the Ocean

Breeze Massage at Hotel Viking.

SpaTerreLocations

Hotel Viking

LaPlaya Beach &Golf Resort

Little Palm IslandResort & Spa

Ocean KeyResort & Spa

Riviera Palm Springs

Gateway CanyonsResort

The Edgewater Seattle, Washington

Hotel DecaSeattle, Washington

Hilton San Diego Resort & SpaSan Diego, California

The Portofino Hotel & MarinaRedondo Beach, California

The Riviera Palm SpringsPalm Springs, California

River Terrace InnNapa, California

Monterey Beach ResortMonterey, California

Hotel VikingNewport, Rhode Island

Gateway Canyons ResortGateway, Colorado

Mountain Lodge TellurideTelluride, Colorado

The Commons HotelMinneapolis, MN

Ocean Key Resort & SpaKey West, Florida

WaterColor Inn & ResortSanta Rosa Beach, Florida

LaPlaya Beach & Golf ResortNaples, Florida

Pelican Grand Beach ResortFort Lauderdale, Florida

Little Palm Island Resort & SpaLittle Torch Key, Florida

The Edgewater

Seattle, Washington / edgewaterhotel.com

Seattle’s only waterfront hotel, nestled on Pier 67 tops the list when it comes to both service and location. Named one of the world’s best places to stay by Condé Nast Traveler, this ideal luxury hotel is within walking distance from Pike Place Market, the Space Needle and the city’s vibrant shopping, entertainment and cultural attractions. Olympic Mountain views and Elliott Bay’s sparkling waters provide a scenic backdrop whether dining for

two at award-winning 67 or attending a successful meeting for two hundred. Guestrooms featuring river-rock fireplaces and luxury bathrooms provide a respite for both business and leisure travelers.

Hotel Deca

Seattle, Washington / hoteldeca.com

Located just ten minutes north of downtown Seattle and next to the University of Washington, this boutique hotel offers panoramic city and mountain views. The contemporaryart deco architecture mingles with modern amenities in guestrooms,livingroom style lobby and from ballroom to boardroom. Its collegiate neighborhood offers eclectic shopping, art galleries and museums, a variety of entertainment options and global cuisine. The Presidential Suite at Hotel Deca is the ideal choice for a special getaway to enjoy luxury, privacy and panoramic views of the city from the 16th floor.

Hilton San Diego Resort & Spa

San Diego, California / sandiegohilton.com

Whole new resort, a whole new you. Newly transformed guestrooms for your imagination captures sunshine and sea. Decorated to match the bright and festive hues of this waterfront oasis, each has been decked with luxury bedding and linens, designer furniture inside and out, and an open and airy feel that welcomes the rays and the breezes in. For a true treat, choose

an extended patio guestroom, complete with a captivating fire pit. The Hilton San Diego Resort offers impeccably appointed rooms on an 18-acre bayfront park. Enjoy lush gardens, rolling lawns and sandy bayfronts just steps from your door.

The Portofino Hotel & Marina

Redondo Beach, California / hotelportofino.com

Los Angeles’ only hotel located directly on the Pacific Ocean and nestled in the quaint town of Redondo Beach offers a coastal retreat for your senses. Spacious guestrooms with private balconies capture the casual elegance of this California locale and the new Baleen entices your palate with seafood-centric cuisine. A multi-million dollar transformation touches every indoor and outdoor space, including its own marina. Nearby diversions include water sports, bicycling, golf, shopping and the excitement of the big city. Whether hosting a grand event for two hundred attendees or a private retreat for just two, the Portofino provides the perfect waterfront location.

Riviera Palm Springs

Palm Springs, California / psriviera.com

Everything you’ve heard is true. Everything you see will be unbelievable. Palm Springs’ icon is back. With a vibrant vengeance. 24 lushly landscaped acres with breathtaking mountain vistas, themed gardens, pools and firepits, and one of the area’s largest pool and deck experiences. 406 luxurious guestrooms and suites are decorated to engage the senses and pamper in opulent, yet playful luxury. No

place better recaptures the classic essence of living life large and has the lineage to take it to the next level. Indulge in signature, multicultural dining, exotic SpaTerre, breathtaking vistas and a hypnotic lounge. It’s a timeless energy you have to feel to believe. Legendary in every respect.

River Terrace Inn

Napa, California / riverterraceinn.com

Located in the magnificent heart of Napa Valley, overlookingthe Napa River in downtown Napa, California, River Terrace Inn is a tranquil retreat nestled along the river trail of the Napa Valley Wine Country. Our elegant Napa boutique hotel is walking distance from downtown Napa’s charming wine-tasting salons, restaurants, art galleries, nightlife, and unique downtown attractions. Enjoy a scenic stroll to the Oxbow Public Market, Napa Valley Opera House, Napa Valley Expo and the world-famous Napa Valley Wine Train and many of Napa’s tasting rooms and restaurants.

Monterey Beach Resort

Monterey, California / bestwesternplusbeachresortmonterey.com

As Monterey’s only beach-front full service hotel, this resort boasts some of the most expansive views available of the Monterey Bay. Blending California beach casual with superior comfort and professionalism, Monterey Beach Resort offers a relaxing alternative from the distractions of downtown, with the convenience of being only minutes away from the areas favorite attractions.

Relax and enjoy our recent renovation to all guestrooms! Highlights include: wall mounted 42” flat screen HD TV’s, motorized sheer and blackout shades, iHome clock radios, monorail lighting. Also, enjoy our recently remodeled lounge all with magnificent ocean views from our beach location.

Hotel Viking

Newport, Rhode Island / hotelviking.com

Built in 1926, this Newport landmark and member of the prestigious Historic Hotels of America combines gilded age glory with modern-day amenities. From the sumptuous Newport Beds in guestrooms to the regionally inspired cuisine of One Bellevue, the hotel embraces its heritage while providing every modern creature comfort. Diverse local activities such as tennis, fishing, world-class yachting and entertainment abound year-round.Whether touring the nearby historic mansions or choosingone of SpaTerre’s blissful offerings, you’ll nourish both your body and your soul.

The Commons Hotel

Minneapolis, Minnesota / commonshotel.com

The Commons Hotel is conveniently located next to downtown Minneapolis on the University of Minnesota campus, combining the energy of an international university setting with the accessibility and attributes of a major city. The hotel features 304 guestrooms and suites, an on-premise Starbucks, and The Beacon Public House showcasing refined, locally inspired menus. Boasting more than 20,000 square feet of redesigned

meeting space, The Commons Hotel accommodates a variety of functions, from black tie events and weddings to intimate gatherings and larger conventions.

Mountain Lodge Telluride

Telluride, Colorado / mountainlodgetelluride.com

Experience the idyllic scenery, flawless skiing and mountain recreation of southwestern Colorado at the Mountain Lodge at Telluride. Guests of our Telluride hotel will experience superior lodging and mountainside condominiums secluded in our premier Telluride community. Lodging accommodations offer a uniquely sophisticated experience, secluded in the rustic peaks and valleys of the San Juan Mountains. Mountain Lodge at Telluride was voted as one of the best places to ski & stay in North America by Condé Nast Traveler Reader’s Choice in 2010.

Gateway Canyons Resort

Gateway, Colorado / gatewaycanyons.com

Located in a secluded canyon of Western Colorado, Gateway Canyons Resort sits among a stunning landscape of sculptured rock and mountains. Founded by John Hendricks of the Discovery Channel, this award winning destination boasts an endless array of activity, while pampering guests in high end luxury. This full-service resort features exceptional lodging, dining, outfitting, educational

programs and the world-class Gateway Colorado Auto Museum. There is no better place in the world to awaken to nature. Named “Best Adventure Resort in Colorado” by “Best Of” TV in 2009, there are few places in the world that can provide you with an experience and location such as this.

Pelican Grand beach Resort

Fort Lauderdale, Florida / pelicanbeach.com

From the moment you arrive at the Pelican Grand Beach Resort, you will savor the breathtaking views of the sand at your feet being lapped up by the ocean. The hotel takes you back to old Florida grandeur, sitting right on the Atlantic Ocean and featuring a beautiful zero entry pool, Fort Lauderdale’s only Lazy River and private beach. The Pelican Grand’s oceanfront dining, poolside cocktails and modern conveniences ensure a fantastic stay to leisure and business travelers alike. Pelican Grand offers 156 rooms including 106 oceanfront suites with sunrise view balconies. The Pelican Grand also offers generous corporate and association meeting space with professional planning and catering services.

Ocean Key Resort & Spa

Key West, Florida / oceankey.com

Welcome to life on the edge! Begin your adventure at Zero Duval Street, located at the tip of the Florida Keys and far from conventional life. The ideal blend of luxury and colorful island charm — defined as “barefoot elegance”— is found at this Key West hotel. Begin your vacation with Four-Diamond dining or a spa indulgence, explore the local shops and attractions and return for your front-

row seat overlooking the Gulf of Mexico at Sunset Pier’s evening celebration.

WaterColor Inn & Resort

Santa Rosa Beach, Florida / watercolorvacations.com

A refreshing invitation to experience the Southern seashore lifestyle on the Emerald Coast. Retreat and relax, surrounded by sugar sand beaches and dunes, woodlands, pine forests and state parks. Romantic and friendly, this area has captivated generations, with natural beauty and adventure. Indulge in the clear Gulf of Mexico turquoise waters, coastal lakes, extraordinary golf, tennis, fishing, and the true feeling of escape so rare in destination resorts. Grand hospitality and serviceblend with the intimacy of bed-and-breakfast inns and classic beach cottages in a walking community of local shops and restaurants. Paint your own picture of the perfect escape, from spectacular sunrise to sunset.

LaPlaya Beach & Golf Resort

Naples, Florida / laplayaresort.com

Naples’ only beach front luxury resort offers a front-row seat to Florida’s panoramic Gulf Coast of sparkling turquoise waters and sugar white beaches. Relaxing days are spent in SpaTerre, dining oceanfront at BALEENnaples, on the championship Robert Cupp Jr golf course, by

one of the four pools or in your elegant and comfortable guestroom. Nearby pursuits include world class shopping, galleries, water sports and entertainment. Discover the reasons why LaPlaya captures coveted spots on Condé Nast Traveler and Travel + Leisure top resorts.

Little Palm Island Resort & Spa

Little Torch Key, Florida / littlepalmisland.com

There are times when only the best will do. With list-topping awards from such luxury travel experts as Condé Nast Traveler, Mobil, Zagat, Andrew Harper and Travel + Leisure — Little Palm Island Resort & Spa is the quintessential island paradise. Whether arrival is by yacht or seaplane, this exclusive resort welcomes you to one of thirty thatched roof oceanfront bungalow suites. Set in the Florida Keys but evoking a South Pacific isle feel, nary a distraction is allowed — no televisions, telephones, nor children. Find every activity that your heart desires from exciting water sports or beach side respites, indulgent dining or spa experiences and relax to your soul’s content.

The Noble House Hotels & Resorts management team has the experience to ensure the success of every property in our care. Our formula is simple yet unique: emphasize awareness of our resort products to the leisure traveler, develop strong relationships with meeting professionals and never miss an

opportunity to enhance the portfolio in up-scale leisure markets.

2012 TripAdvisorNine properties receive the “Certificate of Excellence”

2012 U.S. NewsTen properties named “Best of”

their city

The Edgewater

Best Hotels in Seattle US News / 2012

Travelocity Excellence Award

Travelocity / 2011

Hospitality Excellence Award The International Food Wine & Travel Writers

Association / 2011

Riviera Palm Springs

Certificate of Excellence AwardTripAdvisor / 2012

Best Hotel in Palm SpringsPalm Springs Magazine / 2010

World’s Top 1% of HotelsExpedia Insiders’ Select / 2009

River Terrace Inn

#2 Wine Country Hotel in NapaBayList / 2010

Recommended “36 Hours in

Napa” LocationNew York Times

Insiders’ Select

Expedia Insiders’ Select / 2010

Portofino Hotel & Marina

Best Hotels in Los Angeles US News / 2012

“Best Location” AwardJetBlue Getaways / 2010

Winner / Best Service, Best Food, Notable

Wine List, Fit for a Foodie / BALEENlosangelesOpen Table Diner’s Choice Awards / 2010

WaterColor Inn & Resort

Gold ListCondé Nast Traveler / 2012

#12 in the “ Top 150 US Resorts”

Condé Nast Traveler’s Reader’s Choice Awards / 2011

# 2 / America’s Best Family HotelsTravel + Leisure / September 2010

Hotel Viking

Best AccommodationsNewport Life Magazine / 2008 – 2012

Best Spa

Newport Life Magazine / 2006, 2007, 2009, 2010, 2012

Best of the EastMeeting East / 2011

LaPlaya Beach & Golf Resort

Gold ListCondé Nast Traveler / 2012

# 1 of Top 20 Florida Golf Resort

Condé Nast / 2011

# 3 of Best Hotels in NaplesU.S. News / 2011

Ocean Key Resort & Spa

Gold ListCondé Nast Traveler / 2012

Top 500 Greatest Hotels

Travel + Leisure / 2012

#3 of Best Hotels in Key WestUS News / 2011

Little Palm Island Resort & Spa

Gold ListCondé Nast Traveler / 2012

Top 500 Greatest Hotels

Travel + Leisure / 2012

Florida’s #1 Beach ResortTravel + Leisure / 2011

LaPlaya Beach & Golf ResortNaples, Florida