1. Research & DevelopmentFeasibility StudiesReal Estate ValuationProject AdvisoryHotel ManagementR&D hospitality is specialised in research anddevelopment of investment opportunities andselection of operators for buying, selling ormanaging hotels through feasibilitystudies, real estate and managementappraisals, project advisory, hotelmanagement. Best Western Ambra Palace Hotel Romewww.rdhospitality.itinfo@rdhospitality.itVia Colletta 70 20137 MilanoTel. /Fax +39 02.55.012.262

2. LOCATION: RomeHOTEL FACT SHEET: A prestigious 4-star hotel resultingfrom the recent conversion of anearly nineteenth century aristocraticbuilding. 78 rooms Tot. Surface 3.885 sqm The owner intends to sell the hotel.

3. Research & DevelopmentFeasibility StudiesReal Estate ValuationProject AdvisoryHotel ManagementR&D hospitality is specialised in research anddevelopment of investment opportunities andselection of operators for buying, selling ormanaging hotels through feasibilitystudies, real estate and managementappraisals, project advisory, hotelmanagement. Hub hotel Milanwww.rdhospitality.itinfo@rdhospitality.itVia Colletta 70 20137 MilanoTel. /Fax +39 02.55.012.262

4. LOCATION: MilanHOTEL FACT SHEET: Hotel 4 stars Hub hotel is located in the heartof the new Milan trade andbusiness area 162 rooms Tot. Surface 12.544,65 sqm Widening plan of 40 rooms The owner intends to sell the hotel.

5. Research & DevelopmentFeasibility StudiesReal Estate ValuationProject AdvisoryHotel ManagementR&D hospitality is specialised in research anddevelopment of investment opportunities andselection of operators for buying, selling ormanaging hotels through feasibilitystudies, real estate and managementappraisals, project advisory, hotelmanagement. Hotel Florida Lake Gardawww.rdhospitality.itinfo@rdhospitality.itVia Colletta 70 20137 MilanoTel. /Fax +39 02.55.012.262

6. LOCATION: Manerba del GardaHOTEL FACT SHEET :Hotel 3 stars 16 rooms Total built area 1.100 sqm Total area of lot 4.065 sqm Expansion project with new keycharacteristics:- 56 rooms;-a swimming pool in the park;- an internal swimming pool withlounge/SPA area;- an underground garage. The owner intends to sell the hotel and project.

7. Research & DevelopmentFeasibility StudiesReal Estate ValuationProject AdvisoryHotel ManagementR&D hospitality is specialised in research anddevelopment of investment opportunities andselection of operators for buying, selling ormanaging hotels through feasibilitystudies, real estate and managementappraisals, project advisory, hotelmanagement. Barion Hotel Bariwww.rdhospitality.itinfo@rdhospitality.itVia Colletta 70 20137 MilanoTel. /Fax +39 02.55.012.262

8. LOCATION: BariHOTEL FACT SHEET : Hotel 4 stars 95 rooms Total buil area: 5.900 sqm Residence: 1960 sqm (50 apartments) Sporting center: 1.385 sqm Widening plan of meeting center(more 400 seats) : 870 sqm The owner intends to sell the hotel or looking for partner.