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Ted Arps Joins Davidson Hotel Company as Senior
Vice President-Business Development

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MEMPHIS, TN – May 6, 2005 - Memphis-based Davidson Hotel Company announces that Ted Arps has joined the company as Senior Vice President - Business Development.

Ted has an extensive operations background, and was most recently with Crow Holdings, Inc., a Dallas, Texas-based real estate investment firm.

John Belden, Executive Vice President - Business Development of Davidson Hotel Company, says, “Ted played a critical role in developing our relationship with Crow Holdings. His skills will greatly impact our ability to grow Davidson. We are excited and fortunate to have him join our team.”

Ted’s area of responsibility will be new acquisitions and management contracts, as well as equity and debt development.

Davidson Hotel Company is a full-service company providing management, development, consulting and accounting expertise for the hospitality industry. The company currently manages 22 hotels across the United States under such flags as Hilton, Marriott, Renaissance, Embassy Suites, DoubleTree, and Sheraton.

As a Director with Crow Holdings, Ted was responsible for asset management of the Wyndham Anatole and acquisition/disposition of hotel investments in Crow Holdings’ fund business.

In addition to Ted’s experience at Crow Holdings, he spent fifteen years with Bristol Hotels and Resorts in various capacities. As a Food and Beverage Director, he was involved in restaurant concept development and catering initiatives, and as Regional Vice President, he oversaw 42 hotels across the country. He also served as Senior Vice President of Asset Management where he oversaw the development and/or acquisition of eight branded hotels.

Upon the sale of Bristol Hotels to Bass Hotels, before his tenure with Crow Holdings, Ted developed, built and owned a restaurant in Frisco, Texas. Ted earned a B. S. degree in Hotel Administration from Cornell University. He lives in Dallas, Texas, where he will be based. His contact information is: 6704 Patrick Lane, Plano, TX 75024, e-mail: tarps@davidsonhotels.com.

About Davidson Hotel Company
Davidson manages 22 hotels in various markets, including San Diego, Los Angeles, Denver, Atlanta, Chicago, Kansas City, San Antonio, Nashville, Palm Beach, and the Washington D.C. area. These hotels represent approximately 6,300 rooms and 3,200 employees. 

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Contact:

Davidson Hotel Company
Cyndi Carl
(901) 761-4664
ccarl@davidsonhotels.com
www.davidsonhotels.com

Also See: Davidson Hotel Co. Giving the Former Adam's Mark Memphis a $12 million Renovation Before Reflagging Hilton / April 2002


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