Jose M. "Jochi" Davila Carlos Joins AEG Facilities in Puerto Rico

JOSE M. “JOCHI’ DAVILA CARLOS JOINS AEG FACILITIES AS

VICE PRESIDENT PARTNERSHIP SALES AND ENTERTAINMENT AT DISTRICT LIVE!

TO OVERSEE SPONSORSHIPS AND PROGRAMMING AT

PUERTO RICO’S NEWEST ENTERTAINMENT DESTINATION

SAN JUAN, PUERTO RICO & LOS ANGELES, CA (January 24, 2017) – Jose M. “Jochi” Davila Carlos, a professional with over 20 years in the entertainment, corporate partnership sales (sponsorships), and facilities management industries, has been named Vice President Partnership Sales and Entertainment at District Live! The announcement was made today by Bob Newman, President, AEG Facilities, operators of a new 6,000-seat concert and entertainment venue being developed in San Juan, Puerto Rico and District Live!, a 5-acre hospitality and entertainment district being built by a partnership between Island Hospitality Partners (led by PRISA Group) with the Puerto Rico Convention Center District Authority.

In the newly created position, Dávila, who will report to Mr. Newman, will be responsible for overseeing the sales and servicing of all corporate sponsorships throughout District Live! and the Puerto Rico Convention Center. He will additionally have the responsibility of booking, developing and producing a variety of events and performances for the new state of the art entertainment venue.

“Having Jochi join our team marks another great milestone for this project. His track record in developing amazing corporate partnerships and positive client relationships in the market is unparalleled,” said Bob Newman.

Regarding his appointment Jose M. “Jochi” Davila Carlos indicated “I am extremely happy to be officially part of the AEG Facilities family and contribute to the development of District Live!, a much needed project for the District Authority, and the entertainment industry in Puerto Rico”.

Located adjacent to the Puerto Rico Convention Center, which has been operated by AEG Facilities since July of 2016, District Live! will be the region’s most active destination for live entertainment and hospitality featuring an eight-screen premium Caribbean Cinemas VIP Cineplex, a 170-room lifestyle hotel with 6,000 square feet of meeting space, a 44,000-square foot Plaza with the Caribbean’s largest LED screen and outdoor presentation stages which will serve as the ideal location for events such as art festivals, fashion shows, music performances and other special events. District Live! will also offer a variety of food and beverage establishments, an 18,000 square foot “day and night” disco, television and radio broadcast studios overlooking the Plaza, a unique urban attraction created by renowned “zip line” operators Toro Verde, a 500-seat club for intimate performances of all kinds and an interactive Kidz Zone for younger visitors and families.

Anchoring the district will be a 6, 000-seat / 105,000 square foot concert and entertainment facility that will host a variety of events, concerts, banquets, festivals, award ceremonies and corporate events. The venue will be managed and operated by AEG Facilities when it opens in early 2019.

About AEG Facilities

AEG, a wholly owned subsidiary of the Anschutz Company, is the leading sports and live entertainment company in the world. AEG Facilities, a stand-alone division of AEG, and its affiliates owns, operates or consults with more than 120 of the industry’s preeminent venues worldwide, across five continents, providing complete venue management, as well as specialized programs in operations, guest services, ticketing, booking, sales and marketing while providing comprehensive management and planning services to sports and entertainment facilities worldwide through its AEG Facilities Global Solutions division.

AEG Facilities also provides resources and access to other AEG-affiliated entities, including AEG Live, one of the largest live music companies in the world, AEG Global Partnerships and AEG Real Estate, as well as such industry leading programs as AEG 1Earth and AEG Encore to support the success of its venues across the globe. The Los Angeles-based organization owns, operates or provides services to the world’s most elite venues, including STAPLES Center and Microsoft Theater (Los Angeles, CA), StubHub Center (Carson, CA), Sprint Center (Kansas City, MO.), Valley View Casino Center (San Diego, CA), KFC Yum! Center (Louisville, KY.), AmericanAirlines Arena (Miami, Fla.), Prudential Center (Newark, N.J.), Barclays Center (Brooklyn, N.Y.), Target Center (Minneapolis, MN), Oracle Arena and Oakland-Alameda County Coliseum (Oakland, CA), AccorHotels Arena (Paris, France), Mercedes-Benz Arena (Shanghai, China), LeSports Center (Beijing, China), The O2 Arena (London, England), Mercedes-Benz Arena (Berlin, Germany), Barclaycard Arena (Hamburg, Germany),SSE Hydro (Glasgow, UK), Qudos Bank Arena (Sydney, Australia), Ericsson Globe Arena (Stockholm, Sweden), Los Angeles Convention Center (Los Angeles, Calif.), Hawaii Convention Center (Honolulu, HI) and the Oman Convention and Exhibition Center (Muscat, Oman).For more information, please visit aegworldwide.com.

Development Partnership

District Live! will be developed by a partnership between Island Hospitality Partners, led by PRISA Group and the Puerto Rico Convention Center District Authority.

This is the fifth tourism and entertainment project developed by Island Hospitality Partners in Puerto Rico over the past three years, including the Hyatt Place Bayamon and El Tropical Casino, Hyatt Place Manati and Casino Atlantic, Hyatt House San Juan and Hyatt Place San Juan / City Center, which opened in December 2013, March 2014, October 2014 and January 2016 respectively. District Live! will be the third project developed by the development group in the Convention Center area in the past two years.

About PRISA Group

PRISA Group (“PRISA") is a Puerto Rican company owned by the Stubbe family dedicated to the development and construction of resorts and green residential communities in Puerto Rico and Florida. In the last 20 years, PRISA has developed residential communities comprising approximately 3,000 units, mainly in their Sabanera Cidra, Gurabo and Dorado, and Dorado Beach Resort communities. In the last four years alone, PRISA has completed over $750 million in tourism projects, including Dorado Beach, a Ritz-Carlton Reserve, the first in the Americas, which opened in December 2012 to worldwide recognition; the West Beach & East Beach Ritz-Carlton Reserve Residences, Hyatt Place San Juan / Bayamon & El Tropical Casino, Hyatt Place Manati & Atlantic Casino, Hyatt House San Juan and Hyatt Place San Juan / City Center.

PRISA is also developing three Marriott hotels in Florida, the Springhill Suites and Residence Inn Millenia, Orlando and MetWest AC Hotel by Marriott International, Westshore, Tampa, representing a total development cost of $65 million. PRISA has been the recipient of several awards, including Builder of the Decade, three awards for Planned Community of the Year by the Association of Homebuilders ("ACH") and its highest honor, the Frank Ramirez Arellano Award. In November 2014, PRISA was named Developer of the Year of the Americas by Hyatt Hotel Corporation for the development of its portfolio of Hyatt hotels. For more information: www.prisagroup.com.

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Contacts:

DISTRICT Live!: Mily Hernandez, APR AEG: Michael Roth

(787) 507-4919 (213) 742-7155

[email protected] [email protected]