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News for the Hospitality Executive |
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Madison Capital Management & New Castle Hotels
& Resorts
Name Cynthia Stanley as General Manager of Holiday Inn Albany
 ALBANY, N.Y., Sept. 25, 2009 – Holiday Inn Albany
on Wolf Road
announced that Cynthia Stanley has been named general manager of the
prominent
upstate New York
hotel. Conveniently located in the heart of the city’s Wolf Road area,
the 312-room hotel
announced in May that New Castle Hotels & Resorts would begin
managing the
property.
Ms. Stanley’s extensive background in hospitality includes previously serving as the general manager of the luxurious Woodcliff Hotel and Spa in Fairport, N.Y., for three years. The 234-room property features a lavish spa, 9-hole regulation golf course, fine dining and full service health club. She also served as the general manager of Racine Marriott in Racine, Wis., Ann Arbor Marriott Ypsilanti at Eagle Crest in Ypsilanti, Mich., and Sheraton Inn in Dunkirk, N.Y. Ms. Stanley is a graduate of Eastern Michigan University and holds a Bachelor of Science degree in business. “We are more than pleased to announce that Cynthia Stanley will lead our dedicated and talented team,” said Bryan Gordon, chairman and managing director of Madison Capital Management, LLC, the hotel’s majority owner. “Her expertise, determination and love for the hospitality industry will ensure that our guests continue to enjoy first class experiences at our hotel.” “I’m excited to join such a well-known and significant property in the region,” said Stanley. “The hotel’s proximity to popular tourist destinations, reputation as an ideal hotel for business travellers, extensive meeting and event spaces and beautifully appointed guestrooms and lobby make it an exciting property.”
About Madison Capital Management Founded in 1996, Madison Capital Management, LLC (“Madison”) is an alternative investment management firm specializing in real estate, natural resources and special situation financial assets. The firm has offices in New York, Denver, San Francisco, Kansas City and, through Madison Capital Management (Europe), LLC, Luxembourg. Utilizing an event-driven and value-oriented investment approach, Madison has invested more than $1 billion in capital and currently manages nearly $500 million in assets. For more information, visit madisoncap.com. About New Castle Hotels & Resorts New
Castle Hotels & Resorts’ portfolio includes 31 hotels the company
manages,
owns or is developing in the United States
and Canada.
The leading third-party management and hotel ownership/development
company
consistently ranks in the country’s top 100 hotel management and
development
companies in hospitality industry trade publications. New Castle
will celebrate its 30th
anniversary in 2010. For more information on New Castle Hotels
& Resorts,
please contact Gerald P. Chase, president and chief operating officer,
at
203.925.8370, or visit the corporate website at newcastlehotels.com. |
| Contact: Jason Lindaman Madison Capital Management [email protected] 303.957.4256 or 303.877.2492 Gerald P. Chase |
