MEMPHIS, Tenn., July 24, 2007 -- Homewood Suites by Hilton ®, the national brand of more than 200 all-suite residential-style hotels, has been recognized as "Highest in Guest Satisfaction Among Extended Stay Hotel Chains" in the J.D. Power and Associates 2007 North America Hotel Guest Satisfaction Index StudySM. Marking the seventh year that J.D. Power and Associates has recognized extended-stay hotels as a market segment in its annual study, this is the fifth time that Homewood Suites by Hilton has been awarded the honor, outranking other extended stay brands included in the study.

Korman Communities, a prominent Pennsylvania-based residential real estate company with over thirty years as pioneers in the long-term stay market, is aggressively expanding with the growth of AKA, its luxury, extended-stay brand for world-class urban markets. The AKA brand was developed to fill an unmet need in the high-end, long-term stay market.

New York -- July 23, 2007 -- Demand for New York City residential real estate remains strong, reaching an all-time high. Prices continue to rise, as the average cost for a Manhattan apartment is an estimated $1.3 million, a new record set in 2007.* Those with Manhattan living dreams, who are wary of shelling out seven figures for big city life, can now test the waters before making a sizeable real estate investment. AKA, a new luxury extended-stay brand, invites potential buyers to experience city life before making the extravagant down payment and 30-year mortgage commitment.

AKA, a new luxury extended-stay brand, is aggressively expanding its portfolio with the addition of two East Coast properties. In late April, the innovative collection opened AKA Times Square, its fourth Manhattan location, and AKA Virginia Square, in the bustling Washington, D.C. suburb of Arlington, VA. Staying true to its fast-pace growth strategy, AKA rescued these halted luxury condo conversions and transformed them into upscale hotel residences. These latest hotel residences further evokes AKA's dedication to meeting the need in the high-end, long-term stay market in key locations.