News for the Hospitality Executive
Maryland [July 21, 2009] - Towne Park announced the acquisition of Avascend
Healthcare Hospitality based in Overland Park, Kansas. The acquisition
brings together two leading operators in the hotel and healthcare industries.
The combined company specializes in valet parking, parking management,
door, bell and concierge services with 6,000 associates serving more than
300 clients across 39 states nationwide.
“We are now positioned to drive greater value for our clients and provide
a level of service unmatched in either the hotel or healthcare industry”,
said Jerry South, Towne Park’s CEO and founder. “With the Avascend acquisition
now complete, Towne Park is a
“Our geographic coverage and strong guest/patient focus provides greater
economies of scale and a more competitive service offering” said Frank
Pikus, Avascend’s CEO. “Both industries gain by having a stronger, stable,
innovative partner ready to serve. The
About Towne Park