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 Marshall Management, Inc. Names David Lutz
Vice President of Finance 

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SALISBURY, Md., December 9, 2004—Marshall Management, Inc., a leading mid-sized management company, today announced that David Lutz has joined its management team as vice president of finance.  

A 25-year hospitality industry veteran, Lutz began his hotel career as an assistant regional controller for Guest Quarters.  Lutz grew with the company during its merger with Doubletree and its subsequent merger with Promus, which was acquired by Hilton Hotels Corporation.  During his 17-year tenure, he held positions of increasing scope and responsibility, rising to vice president operations, finance and centralized accounting.  He most recently was vice president of accounting and finance for the hotel and country club divisions of Corporex Companies and played a key role in that company’s successful public offering for Eagle Hospitality Properties Trust, Inc. (NYSE: EHP).  Lutz graduated from the University of Scranton in Scranton, Pa., with a BS in Accounting.

“Lutz adds solid bench strength to our company,” said Michael Marshall, president of Marshall Management.  “He brings a proven track record of financial and planning skills.  One of his first tasks will be to oversee a major upgrade to the company’s accounting systems, which will allow us to track individual hotel operations in real time.”

Lutz will be responsible for Marshall Management’s accounting and finance operations of its expanding management portfolio.  Key responsibilities include overseeing cash management and forecasting; financial statements; accounts receivable/payable; payroll; taxes; and property level and corporate balance sheets.

Marshall Management, founded in 1980, has special expertise in operating three- and four-star branded hotels and resorts, averaging 100 to 400 rooms, in urban and central business districts, suburban/drive-to and resort locations.  In addition, the company has a proven track record managing independent resort properties.  Located in Salisbury, Md., the company has managed a wide array of leading hotel brands, for such major franchise company’s as Hilton, Sheraton, InterContinental Hotel Group, Choice and Cendant. 


 
Contact:
Marshall Management
www.marshallhotels.com
Also See: Michael Tatro and Steve Cross Appointed to Vice President Positions with Marshall Management, Inc./ June 2004
Marshall Management, Inc. Signs Seven Hotel Management Contracts with Two Separate Ownership Groups / October 2004


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