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Marshall Management Takes New Name - Marshall Hotels & Resorts, Inc.;
Now Operates 48 Hotels

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Company Relocates to Accommodate Growth, Expanded Services

SALISBURY, Md., February 10, 2009 – A major mid-sized hotel management company today announced it had taken a new name to reflect its growth over the past five years and a broader range of services.  Maryland-based Marshall Management is now Marshall Hotels & Resorts, Inc.  In addition, the company announced that it has moved to new, larger headquarters in Salisbury, Maryland. 
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“We have essentially doubled in size over the past five years and now operate 48 hotels, with a total asset value in excess of $750 million,” said Michael Marshall, president and CEO of Marshall Hotels & Resorts.  “Our range of hotels now extends from limited-service to four-star branded and independent hotels and resorts.  We also have an active development and renovation division, as well as provide a variety of back-of-the-house services, including asset management; accounting; sales, marketing and advertising, insurance programs, consulting; and a host of other services.  While a somewhat subtle name change, it better communicates who we are and our role as a major, full-service hotel management and services organization.”

“We founded the company based on the idea of providing true hands-on service by a highly experienced senior management team,” said Chuck Marshall, chairman of Marshall Hotels & Resorts.  “That founding principle hasn’t changed in our 29-year-history.  We’ve become more sophisticated and added depth, but our core values remain the same.  Our strategy for success also remains the same:  providing experienced property-level operators backed by strong strategic direction and support from a seasoned senior management team, who are involved on an on-going basis.”

Mike Marshall noted that the company added 15 new contracts in 2008, at a pace that accelerated as the year progressed.  “In difficult economic times, owners seek out the most experienced operators who have a proven track record in all phases of the economic cycle,” he said.  “We have the infrastructure and expertise to not only help owners through these challenging times but to gain market share and optimize profits.  Our portfolio of managed properties last year enjoyed a 5.1 percent increase in average RevPAR premium over their respective competitive sets, factoring the longer term accounts and the recently opened properties still in a ramp up period.  Our goal is to increase that market share in 2009.  Virtually all markets are experiencing difficulties at this time, but we are confident that we have the people, plans and systems in place to optimize results.”
 

Charles L. Marshall
CHA, Chairman
Charles Marshall has been part of the hotel industry for over 40 years. His years of experience have included not only his ownership of several various franchise type properties, but also the negotiating and supervision of management and consulting contracts for such institutions as First Nationwide bank, F.S.B., Citicorp, Marathon U.S. Realities, Inc., The John Buck Company and Creamer Reality. Prior to forming his company in 1980, Chuck served in general management positions with Golden Ox Restaurants; Ramada, Holiday, and Sheraton Inns ranging from 107 unit roadside properties to 250 plus unit high-rise resort hotels; and Ocean Pines, a planned living community. Mr. Marshall has received numerous performance awards including the prestigious Sheraton "Manager of the Year" and the "Distinguished Achievement Award: presented by the International Franchise Association. He is a graduate of Oklahoma State University with a degree in Hotel and Restaurant Administration.
Michael P. Marshall
President and CEO
Michael Marshall has a varied background including general manager positions with Comfort Inns, Holiday Inns, and Sheraton Inns along the East Coast and the Midwest. Growing up in the business, he has over 24 years of industry experience. In addition to his supervision of hotel operations, Mr. Marshall fulfills the need of a company director of new property and contract development. He has been responsible for the implementation of all renovations for hotel properties. Mr. Marshall received his BA degree from Washington and Lee University in Lexington, VA and completed the Advanced Management Program at Cornell University. He is a member of the Cornell Society of Hotelmen. 

During 2008, the company was involved in more than 10 new development projects and oversaw more than $5 million in renovation activity.  Marshall Hotels & Resorts also took over management of its first hotels in Manhattan.  “We opened two new hotels in the city and will add at least two other properties there in 2009,” he noted. 

The company’s new headquarters facilities encompass 9, 000 square feet, nearly 30 percent more than the company’s previous headquarters.  “We literally were bursting at the seams, and now we have room for additional expansion,” Marshall said.  The new address for Marshall Hotels & Resorts is:

1315 South Division Street 
Salisbury, Maryland 21804
Phone:  (410) 749-8464
www.marshallhotels.com

Hotel Portfolio as of February 10, 2009
Arkansas

Hampton Inn Little Rock
6100 Mitchell Drive
Little Rock, Arkansas 72209

District of Columbia

Kalorama Guest House
1854 Mintwood Place
Washington, District of Columbia 20009

Florida

LaQuinta Inn Cocoa Beach
1275 N. Atlantic Avenue
Cocoa Beach, Florida 32931

Ramada Gateway Hotel Kissimmee/Orlando
7470 Highway 192 West
Kissimmee, Florida 34747

Country Inn and Suites Orlando Maingate
5001 Calypso Way
Kissimmee, Florida 34746

Holiday Inn Palm Beach Airport
1301 Belvedere Road
West Palm Beach, Florida 33405

Maryland

Brexton Hotel
UNDER CONSTRUCTION - OPENING 2009
868 Park Avenue
Baltimore, Maryland 21201

Country Inn and Suites Easton
UNDER DEVELOPMENT - OPENING 2009
Easton, Maryland 

Hopkins Inn
3404 St. Paul Street
Baltimore, Maryland 21218

Mount Vernon Hotel
24 West Franklin Street
Baltimore, Maryland 21201

Comfort Inn
2701 North Salisbury Blvd
Salisbury, Maryland 21801

Fenwick Inn
13801 Coastal Highway
Ocean City, Maryland 21842

Grand Hotel
2100 Baltimore Avenue
Ocean City, Maryland 21842

Hampton Inn
121 East Naylor Mill Road
Salisbury, Maryland 21801

Holiday Inn Aberdeen
A Select Services Hotel
Aberdeen, Maryland 

Hotel Indigo Baltimore
UNDER CONSTRUCTION-OPENING WINTER 2008
207 E. Redwood Street
Baltimore, Maryland 21202

Inn at the Colonnade - A Doubletree Hotel
4 West University Parkway
Baltimore, Maryland 21218

Paradise Plaza Inn
3 9th Street
Ocean City, Maryland 21842

Quality Inn Andrews Air Force Base
4783 Allentown Road
Camp Springs, Maryland 20746

Staybridge Suites Baltimore
UNDER CONSTRUCTION- OPENING SPRING 2009
101 North Charles Street
Baltimore, Maryland 21202

New York

Best Western Brooklyn
UNDER DEVELOPMENT-OPENING SPRING 2010
764 4th Avenue / 3F
Brooklyn, New York 11375

Fairfield Inn Times Square
UNDER CONSTRUCTION - OPENING 2009 - A Consultant Service Location
330 West 40th Street
New York, New York 10018

Four Points by Sheraton Manhattan Chelsea
160 West 25th Street
New York, New York 10001

Queensbury Hotel
88 Ridge Street
Glens Falls, New York 12801

Four Points by Sheraton Manhattan Times Square
UNDER CONSTRUCTION - OPENING 2009
326 West 40th Street
New York, New York 10018

Best Western Hotel Flanagan
UNDER CONSTRUCTION - OPENING 2009
Malone, New York 

Fairfield Inn Long Island City
** A Consultant Services Hotel Location **
52-34 Van Dam Street
Long Island CIty, New York 11101

Four Points by Sheraton Manhattan SoHo
66 Charlton Street
New York, New York 10013

Hampton Inn Manhattan SoHo
54 Watts Street
New York, New York 10013

Hilton Garden Inn Riverhead
2038 Old Country Road
Riverhead, New York 11901

LaQuinta Inn & Suites Albany Airport
833 New Loudon Road
Latham, New York 12110

Riveredge Resort Hotel
15 Holland Street
Alexandria Bay, New York 13607

North Carolina

Best Western Great Smokies Inn
Highway 441 and Aquoni Rd
Cherokee, North Carolina 28719

Hampton Inn
185 Tsalgi Road
Cherokee, North Carolina 28719

Hampton Inn Greensboro Airport
7803 National Service Road
Greensboro, North Carolina 27409

Holiday Inn Cherokee
37 Tsalgi Road
Cherokee, North Carolina 28719
Phone: 828-497-9181

Rodanthe Fishing Pier
P. O. Box 9
Rodanthe, North Carolina 27968

Pennsylvania

Quality Hotel Philadelphia Airport
45 Industrial Highway
Essington, Pennsylvania 19029

Inn at Nichols Village
1101 Northern Boulevard
South Abington Twp, Pennsylvania 18411

Shadowbrook Resort
615 State Route 6E
Tunkhannock, Pennsylvania 18657

Eisenhower Hotel and Conference Center
2734 Emmittsburg Road
Gettysburg, Pennsylvania 17325

Four Points by Sheraton Philadelphia Convention Center
1201 Race Street
Philadelphia, Pennsylvania 19107

Hampton Inn & Suites
380 East Main Street
Ephrata, Pennsylvania 17522

Hampton Inn Pittsburgh - McKnight Road
4575 McKnight Road
Pittsburgh, Pennsylvania 15237

Virginia

19 Atlantic Hotel
203 19th Street
Virginia Beach, Virginia 23451

Hampton Inn
UNDER CONSTRUCTION
OPENING JUNE 2009
Culpepper, Virginia 

Aloft - Dulles Airport South
UNDER CONSTRUCTION
OPENING FALL 2009
Chantilly, Virginia 

Country Inn and Suites Chesapeake
2122 Jolliff Road
Chesapeake, Virginia 23321

Hampton Inn
300 Sunchase Boulevard
Farmville, Virginia 23901
Phone: 434-392-8826

Hampton Inn & Suites
4800 Market Street
Fredericksburg, Virginia 22408

Hampton Inn Oceanfront South
UNDER CONSTRUCTION-OPENING SECOND QUARTER 2009
1005 Atlantic Avenue
Virginia Beach, Virginia 23451

Inn at Norton
551 Highway 58 East
Norton, Virginia 24273

Quality Inn Norfolk Naval Base
8051 Hampton Blvd.
Norfolk, Virginia 23505

Summerfield Suites by Hyatt
UNDER CONSTRUCTION
OPENING SECOND QUARTER 2009
Norfolk, Virginia 

Vienna Wolf Trap Hotel
430 Maple Avenue
Vienna, Virginia 22180

West Virginia

Holiday Inn Fairmont
930 East Grafton Road
Fairmont, West Virginia 26554

Waterfront Place Hotel
2 Waterfront Place
Morgantown, West Virginia 26501

About Marshall Hotels & Resorts, Inc.
Salisbury, Md.-based Marshall Hotels & Resorts, Inc., founded in 1980, has special expertise in operating three- and four-star branded hotels and resorts, averaging 100 to 500 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 and unique urban properties.  The company has managed a wide array of leading hotel brands, including Hilton, Starwood, InterContinental Hotel Group, Hyatt, Choice and Wyndham.  Additional information about Marshall Management may be found at the company's Web site: www.marshallhotels.com.

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Contact:

Rick Day
  Senior Vice President – Sales and Marketing
  Marshall Hotels & Resorts
  (410)749-8464
  rday@marshallhotels.com
 

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Also See: Marshall Management Signs Four New Hotel Management Contracts; Managed Portfolio Reaches 36 Hotels / January 2008
Marshall Management Signs 11 New Management Contracts in 2006 / February 2007
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