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Crescent Hospitality Adds Two Management Contracts, Including the Highly
Rated Independent Hotel - The Inn at Nichols Village in
Clarks Summit, Pennsylvania
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FAIRFAX, Va., October 6, 2005 � Crescent Hospitality Corporation, a rapidly growing hotel management company, today announced that it has signed two new management contracts:  The Inn at Nichols Village in Clarks Summit, Pa., and the Best Western Premiere Inn in Whiteville, N.C.  The addition of the two properties to Crescent�s management portfolio represents a continuation of the company�s strategic expansion plans announced this past June.

�We are proactively seeking out properties with untapped revenue-producing potential as part of our strategic growth plan,� said Michael George, president and CEO.  �The Inn at Nichols Village is a luxury hotel and conference center in northeastern Pennsylvania, a unique, exquisitely designed and landscaped, independent property that complements our already strong management portfolio of mid-market-level to upscale properties.  We intend to build on its reputation as one of a handful of premier, highly rated, independent hotels.  The Best Western Premiere Inn is our fourth in North Carolina, and we expect to take advantage of regional operating and marketing synergies to help this property achieve its maximum potential.�

Located at 1101 Northern Blvd., in Clarks Summit, Pa., near Scranton, the 140-room Inn at Nichols Village offers luxurious contemporary accommodations, and such amenities as a fitness center, saunas, massage therapist, large indoor pool, a Presidential Quarters separate building with private whirlpool garden spa, an onsite bistro restaurant, and high-speed wireless Internet access.  The newly opened Fire Grill restaurant, an upscale bistro serving three meals a day, also is the site of the Inn�s legendary murder mystery dinners.
 

The Inn at Nichols Village Has An
Interesting History Of Over Fifty Years
http://www.nicholsvillage.com/

What you are about to read is a rather simple story. It is about a "motel" that started in Northeastern Pennsylvania shortly after World War II. Since the community at that time was not viewed by many as any kind of a traveler's destination, its success that began in the late 40s, and continues, is remarkable. No longer a roadside motel, Nichols Village now enjoys a state and national, if not international, reputation as one of the small number of premier, highly rated hotels. The Inn's success and growth over the years is due to a number of factors. The factor that has played the most significant role is the contribution of the Nichols family itself and their passion for the hospitality business.

William and Marion Nichols, natives to Northeastern Pennsylvania, scraped together all of their savings and purchased 300 feet of highway frontage on US Route 6, where it skirts the city of Scranton, Pennsylvania. They sold mobile homes, began a small mobile home park and built four modest motel guest rooms. Miraculously, everything seemed to work: The mobile homes sold, a few people signed on at the park and travelers started to rent the tiny rooms. Soon, the four rooms grew to six, and six to twelve, then twelve to eighteen.

In the early 1960s when their last child, George, graduated from college William Nichols, co-founder, passed away. George then joined his mother and later his older brother, Norman, joined the fledging organization. Like anyone raised with a strong puritan work ethic, Marion didn't retire to the sidelines when her two sons joined the business. She redirected her efforts towards managing the housekeeping staff as her primary responsibility. She finally retired in her early eighties.  She lived comfortably on the complex. Mrs. Nichols Dunlap passed away in May 2001.

Today, Nichols Village is a complex laid out almost as a college campus and includes two freestanding restaurants which enjoy tremendous community support. The food service department is further complemented with a catering operation that boasts to be among the best for small conferences and social functions. The Inn offers its guests a fitness center, saunas, massage therapist, a large indoor pool and a Presidential Quarters with private whirlpool garden spa.

Finally, the Inn at Nichols Village is strongly oriented toward its staff. The family philosophy has always been that "if we as employees treat each other with dignity and respect then our guests similarly will be treated in a warm and friendly manner." It should be no surprise then to learn that the 100 full time and 70 part time staff members at Nichols Village total over 700 years of service to the company.

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The 132-room Best Western Premiere Inn is located at 503 N JK Powell Blvd., in Whiteville, N.C., close to Wilmington and Myrtle Beach, and near the Lumber River.  The property features an outdoor pool, meeting space capable of accommodating up to 80 people, on-site laundry facilities and complimentary high-speed Internet access.  

Headquartered in Fairfax, Va., just outside of Washington, D.C., Crescent Hospitality was founded in 2001.  The company currently operates approximately 30 upscale and mid-market hotels and resorts with approximately 4,600 rooms in 17 states.  The company�s management portfolio encompasses properties in the full-service, convention and premium limited-service segments under nearly 15 hotel flags, including the leading brands of Marriott, Hilton, InterContinental, Choice and Cendant, as well as independent hotels. 

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Contact:

Crescent Hospitality
http://crescenthosp.com/

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Also See: Crescent Hospitality Signs Two New Management Contracts for Hotels in Brookfield, Wisconsin and Sidney, Ohio / August 2005
Crescent Hospitality Corporation Signs Three Management Contracts, Portfolio Grows to 25 Hotels / June 2005

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