NOTICE OF GUARANTEED DELIVERY TO TENDER OF SHARES OF COMMON STOCK OF BRISTOL HOTELS & RESORTS PURSUANT TO THE OFFER TO PURCHASE DATED MARCH 6, 2000 OF BHR NORTH AMERICA, INC. AN INDIRECT, WHOLLY OWNED SUBSIDIARY OF BASS PLC This Notice of Guaranteed Delivery, or one substantially in the form hereof, must be used to accept the Offer (as defined below) (i) if certificates ("Share Certificates") evidencing shares (the "Shares") of common stock, par value $0.01 per share, of Bristol Hotels & Resorts, a Delaware corporation (the "Company"), are not immediately available, (ii) if Share Certificates and all other required documents cannot be delivered to ChaseMellon Shareholder Services, L.L.C., as Depositary (the "Depositary"), prior to the Expiration Date (as defined under "Terms of the Offer" in the Offer to Purchase (as defined below)) or (iii) if the procedure for delivery by book-entry transfer cannot be completed on a timely basis. This Notice of Guaranteed Delivery may be delivered by hand or mail to the Depositary. See "Procedures for Accepting the Offer and Tendering Shares" in the Offer to Purchase. THE DEPOSITARY FOR THE OFFER IS: CHASEMELLON SHAREHOLDER SERVICES, L.L.C. BY MAIL: BY OVERNIGHT DELIVERY: BY HAND: P.O. Box 3301 85 Challenger Road 120 Broadway, 13th Floor South Hackensack, NJ 07606 Mail Drop-Reorg New York, NY 10271 Attn: Reorganization Ridgefield Park, NJ 07660 Attn: Reorganization Department Attn: Reorganization Department Department BY FACSIMILE TRANSMISSION (FOR ELIGIBLE INSTITUTIONS ONLY): (201) 296-4293 CONFIRM BY TELEPHONE: (201) 296-4860 ------------------------ DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE WILL NOT CONSTITUTE A VALID DELIVERY. This form is not to be used to guarantee signatures. If a signature on a Letter of Transmittal is required to be guaranteed by an "Eligible Institution" under the instructions thereto, such signature guarantee must appear in the applicable space provided in the signature box on the Letter of Transmittal. Ladies and Gentlemen: The undersigned hereby tenders to BHR North America, Inc., a Delaware corporation (the "Purchaser") and an indirect, wholly owned subsidiary of Bass PLC, upon the terms and subject to the conditions set forth in the Offer to Purchase dated March 6, 2000 (the "Offer to Purchase") and the related Letter of Transmittal (the "Letter of Transmittal" and, together with the Offer to Purchase, the "Offer"), receipt of which is hereby acknowledged, ____________ shares of common stock, par value $0.01 per share (the "Shares"), of Bristol Hotels & Resorts, a Delaware corporation, pursuant to the guaranteed delivery procedure set forth under "Procedures for Accepting the Offer and Tendering Shares" in the Offer to Purchase. Certificate Nos. (if available): SIGN HERE - ------------------------------------------- ------------------------------------------- (Signature(s) of Holder(s)) Dated: - ------------------------------------------- ------------------------------------------- Name(s) of Holder(s): If Shares will be delivered by book-entry transfer: ------------------------------------------- Please type or print Account No. - ------------------------------------------- ------------------------------------------- at The Depository Trust Company Address -------------------------------------------- Zip Code -------------------------------------------- Area Code and Telephone Number 2 GUARANTEE (NOT TO BE USED FOR SIGNATURE GUARANTEE) The undersigned, a firm which is a member of a registered national securities exchange or the National Association of Securities Dealers, Inc., or a commercial bank or trust company having an office or correspondent in the United States, guarantees (a) that the above named person(s) "own(s)" the Shares tendered hereby within the meaning of Rule 14e-4 under the Securities Exchange Act of 1934, (b) that such tender of Shares complies with Rule 14e-4 and (c) to deliver to the Depositary the Shares tendered hereby, together with a properly completed and duly executed Letter(s) of Transmittal (or facsimile(s) thereof) or, in the case of a book-entry transfer, an Agent's Message (as defined in the Offer to Purchase) in lieu of the Letter of Transmittal, and any other required documents, all within three New York Stock Exchange trading days of the date hereof. - ------------------------------------------- ------------------------------------------- Name of Firm Authorized Signature - -------------------------------------------- -------------------------------------------- Address Title Name: ------------------------------------------- - -------------------------------------------- Zip Code Please type or print Dated: ------------------------------------------- - -------------------------------------------- Area Code and Telephone Number DO NOT SEND SHARE CERTIFICATES WITH THIS NOTICE. SHARE CERTIFICATES SHOULD BE SENT WITH YOUR LETTER OF TRANSMITTAL. 3