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Existine Property Profile Woolley's Petite Suites rooms currently provide a kitchen sink, refrigerator, and eating utensils as well many of the amenities we provide in our Extended Stay Hotels. The existing amenities, added features, and $4,000,000 of capital upgrades to remodel all suites with new carpet, paint, furniture, full size refrigerator, microwave, stovetop, toaster, coffee maker, sink with a garbage disposer, place settings, cooking and dining utensils, etc surpasses the general standards currently adopted by the City. On-Site Amenities ~ Full-size ironing board and iron in every room. ~ Workspace with full computer hookups will be installed. ~ Wireless High Speed Internet access will be available. ~ Free unlimited local phone calls. ~ Private personalize voicemail with remote message retrieval will be provided. ~ The lobby will be remodeled including new carpet, paint, seating, and wainscoting. ~ A business center will be added to the lobby so the guest can have access to printers. ~ Two +900 sq ft meeting rooms will be completely updated/remodeled ~ The guest laundry facility will be expanded and relocated to first floor adjacent to the exercise room for convenience and security. ~ A fully equipped exercise facility will be added. ~ The outdoor pool and spa will continue to be a feature element. ~ The breakfast/sitting area by the pool will be maintained. ~ The gift shop/pantry will be expanded to include toiletries and food items. ~ An interim supply oftoiletries and hygiene items will be provided to guests if needed. ~ The on site shuttle van service will be expanded to accommodate our guests. ~ We will reconfigure the existing house laundry to add a handicap accessible bathroom, commercial dishwasher, and expand linen storage. ~ New housekeeping/storage rooms will be added to each floor to reduce the staffs need to haul all service items from the first floor. ~ A new employee break room with kitchen cabinets, sink, a full size refrigerator, microwave, table/ seating area, and personal storage cabinets will be constructed. Competitor Set ESH hotels are good neighbors and compete head to head nationally every day with the same hotels that are in the immediate area of Hotel Terrace in Santa Ana, CA. ~ Comfort Inn/Suites is in the immediate vicinity of273 of our 673 hotels (41 %). ~ Hampton Inn/Suites is in the immediate vicinity of 189 of our 673 hotels (28%). ~ Holiday Inn/Express is in the immediate vicinity of 185 of our 673 hotels (28%). ~ Candlewood Suites is in the immediate vicinity of 161 of our 673 hotels (24%). ~ Quality Inn/Suites is in the immediate vicinity of 74 of our 673 hotels (11 %). Page 2 75A-24