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 JHM Hotels Acquires The Courtyard by Marriott
Charleston Downtown/Riverview

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GREENVILLE, SC - December 7, 2004- The Courtyard by Marriott Charleston Downtown/Riverview has been purchased by JHM Hotels of Greenville, SC.  With 179 rooms and nearly 2,000 square feet of meeting space, the hotel is perfectly positioned to meet the needs of both business and leisure travelers who want to be located close to Charleston’s Historic District.  The hotel is located on the banks of the Ashley River adjacent to the Ashley Marina and across the street from the Medical University of South Carolina complex.  Originally opened in September 1997, the hotel is currently managed by Marriott International.  This acquisition adds to the JHM portfolio in Charleston.  In October 2003, the company purchased the Charleston Riverview Hotel that is slated to be converted to a Marriott by the 1st Quarter of 2006 following extensive renovations.  With control of 521 rooms on the Charleston peninsula, JHM Hotels becomes the largest room inventory holder in the market.

Commenting on the announcement, Hasmukh P. (H.P) Rama, Chairman and CEO of JHM Hotels said, "The Charleston lodging market, as a whole, is one of the strongest in the nation.  The city's historic charm, quality of life, excellent transportation network and rich culture have spurred strong increases in tourism and commercial development. Due to the barriers to entry that exist, we are excited to continue to grow our presence in this market."

JHM Hotels, Inc., based in Greenville SC, has developed, acquired, owned, and operated hotels throughout the United States for more than 30 years. The company currently owns/operates 30 hotels with 4,464 rooms and 1,000 associates, located across South Carolina, North Carolina, Tennessee, Georgia, Virginia, Maryland, and Florida.  Operating under various franchise flags such as Marriott, Hilton, and Holiday Inn, JHM is committed to being a premier lodging company. The company’s mission statement shares this commitment with guests, associates and ownership. 


 
Contact:
Michael Allard
864-232-9944, ext. 121
mallard@jhmhotels.com
www.jhmhotels.com
Also See: JHM Hotels Inc. Will Reposition, Reflag the 330 room Charleston Riverview Hotel / April 2004
JHM Hotels Acquires the Greenville-Spartanburg Airport Marriott Hotel located in Greenville, SC. / Dec 2002


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