ICONA Avalon Named #23 Hotel in USA

For Immediate Release

Contact: Caitlin Humienny Email: CHumienny@ICONA.com Call: 610.497.9700 ext. 123

ICONA AVALON WINS 2019 TRIPADVISOR TRAVELERS’ CHOICE AWARD FOR HOTELS

Ranks 23 out of 25 in the Top Hotels Category in United States

Avalon, NJ, January 30, 2019 – ICONA Avalon today announced it has been recognized as a winner in the Top 25 Hotels in the United States category of the 2019 TripAdvisor Travelers’ Choice® awards, ranking 23 out of 25. Travelers’ Choice

This year, the awards celebrate hotel winners in nine categories, including Top Hotels Overall, Luxury, Bargain, Small, Best Service, B&Bs and Inns, Romance, Family and All-Inclusive. The hallmarks of Travelers’ Choice hotels winners are remarkable service, value and quality.

“Two of the main things a person must embody to be a part of team ICONA are: a passion for people and a heart for hospitality. We believe in serving our guests with the Aloha spirit of warmth, welcome, and love, and our guests really feel that. We’re so honored that our guests have shown their appreciation through incredibly kind words on TripAdvisor and that now ICONA Avalon is not only the top traveler ranked property in its market, but number twenty-three in the entire United States!”, explained Randel Davis, General Manager of ICONA Avalon. “We’re ecstatic about the award and ready for another great year in Avalon.”

“We congratulate the properties around the world recognized as the best hotels, which receive our highest honor – Travelers’ Choice Hotel awards,” said Desirée Fish, vice president of global communications for TripAdvisor. “Winners should be proud of their award as millions of travelers will consider this list when picking the perfect hotel for their needs this year.”

To see TripAdvisor traveler reviews and opinions of ICONA Avalon you may visit:

https://www.tripadvisor.com/Hotel_Review-g29754-d121418-Reviews-ICONA_Avalon- Avalon_Cape_May_County_New_Jersey.html.

For the complete list of Travelers’ Choice award-winning hotels for 2019 across all nine categories, including the top hotels around the world, visit: www.TripAdvisor.com/TravelersChoice-Hotels.

About ICONA Resorts

ICONA Resorts is a nationally recognized hospitality management, development & licensing company. It currently owns and operates three year-round, beachfront properties, and four food and beverage outlets, on the southern New Jersey shore. Due to the company’s core philosophy of making each hotel a sacred place where guests are served with warmth, welcome, and love, ICONA Avalon, ICONA Diamond Beach, and ICONA Cape May are each #1 traveler-ranked properties in their market segments on TripAdvisor.

About TripAdvisor

TripAdvisor, the world’s largest travel site*, enables travelers to unleash the full potential of every trip. With 702 million reviews and opinions covering the world’s largest selection of travel listings worldwide – covering 8 million accommodations, airlines, experiences, and restaurants — TripAdvisor provides travelers with the wisdom of the crowds to help them decide where to stay, how to fly, what to do and where to eat. TripAdvisor also compares prices from more than 200 hotel booking sites so travelers can find the lowest price on the hotel that’s right for them. TripAdvisor-branded sites are available in 49 markets, and are home to the world’s largest travel community of 490 million average monthly unique visitors**, all looking to get the most out of every trip. TripAdvisor: Know better. Book better. Go better.

The subsidiaries and affiliates of TripAdvisor, Inc. (NASDAQ: TRIP) own and operate a portfolio of websites and businesses, including more than 20 travel media brands: www.airfarewatchdog.com, www.bokun.io, www.bookingbuddy.com, www.citymaps.com, www.cruisecritic.com, www.f amilyvacationcritic.com, www.flipkey.com, www.thefork.com (including www.lafourchette.com, www.eltenedor.com, www.iens. nl and www.dimmi.com.au), www.gateguru.com, www.holidaylettings.co.uk, www.holidaywatchdog.com, www.housetrip.com, www.jetsetter.com, www.niumba.com, www.onetime.com, www.oyster.com, www.seatguru.com, www.smartertravel.com, ww w.tingo.com, www.vacationhomerentals.com and www.viator.com.

* Source: Jumpshot for TripAdvisor Sites, worldwide, September 2018

** 2018 Source: TripAdvisor log files, average monthly unique visitors, Q3 2018 award winners were determined based on the millions of reviews and opinions collected in a single year from TripAdvisor travelers worldwide.