Press Release
JDB FINE HOTELS & RESORTS ANNOUNCES
NEW FIXED USD RATES IN EUROPE

JDB's New USD Rates Program Offers a Guaranteed
Exchange Rate of € 1 = $1.30, Comparable to Exchange Rates in 2006

Alexandria, VA, May 5, 2008 - JDB Fine Hotels & Resorts (JDB) has launched JDB's Rate Fix, a new discounted fixed USD rate program for the American traveler. Participating European hotels have agreed to exclusively offer JDB clients USD rates with a fixed rate of exchange of € 1 = $1.30, an exchange rate parallel to 2006 levels. This program will make travel affordable for more Americans to JDB destinations in Europe. "With the declining value of the USD, many European hotels are converting Euro room rates to USD at the current rate of exchange; JDB's Rate Fix goes one step further, rolling back the value of the Euro versus the USD and guaranteeing the resulting USD rate through the end of the year. The end result is that JDB is offering extremely competitive, guaranteed USD room rates," explains Annette Woodward, JDB's Director of Product Development.

Following are examples of starting nightly rates for Double Rooms or a higher room category:

Italy
Location Rating Hotel JDB Rate Fix - USD Rates
Rome Five-Star Hotel Splendide Royal $351 - Superior Double Rooms
Florence Historic Palazzo Palazzo Magnani Feroni $299 - Standard Suites
Venice Four-Star Hotel Colombina $188.50 - Standard Double Rooms
Lake Como Four-Star Albergo Terminus $239.20 - Double Rooms
Cortona Four-Star Villa di Piazzano $208 - Standard Double Rooms
Ireland
Galway Historic Manor Cashel House Hotel $247 - Standard Double Rooms
Spain
Catalonia Five-Star Can Bonastre Wine Resort $347 - Deluxe Double Rooms

Over 45 hotels currently offer USD rates through JDB, many with starting nightly rates under $250, and management expect at least another 20 participants to join the program in the coming weeks. Current JDB's Rate Fix participants include some of JDB's most coveted Member Properties in Italy such as the 12-suite Florentine palazzo, Palazzo Magnani Feroni; Venice's striking new 5-star hotel, Ca'Sagredo Hotel; Villa Spalletti Trivelli, a former noble residence converted to an exquisite hotel with spa in the heart of Rome; Il Falconiere, located just outside of the popular Tuscan town of Cortona, which boasts a Michelin starred restaurant; and Albergo Terminus on beautiful Lake Como. An example of participants outside of Italy include Perryville House, the most elegant hotel located in Kinsale, Ireland's capital of gastronomy and Can Bonastre Wine Resort, a 12-room scenic spa hotel located 45 minutes outside of Barcelona, Spain in Catalonia's white wine region. For the most updated list of JDB Member Properties offering USD Rates along with program details visit our website, www.jdbhotels.com.

Many of JDB's exclusive value-added packages (Exclusive Offers and Independent Excursions) also have rates available in USD, offering additional value ranging from complimentary dinners and upgrades to extra nights free. This offers an additional value to clients since package inclusions range from complimentary dinners, upgrades, and offers such as stay 3 nights pay 2. A prime example is JDB's exclusive package at Borgo San Felice, A Taste of Chianti, which includes three nights in a Deluxe Double room, private wine tasting of Chianti Classico wines, breakfast, tax and service, starting at $216 per person.

For more information on JDB visit: www.jdbhotels.com/corporate


JDB Fine Hotels & Resorts, P.O. Box 16086, Alexandria VA 22302-6086