Salsbury, Maryland.,
December, 2010—Officials of Marshall
Hotels & Resorts, Inc., a leading,
Maryland-based hotel management and services company, today announced
the
company has been appointed receiver for the Four Points by
Sheraton Hotel & Suites Allentown Airport, in Pa.; and Holiday Inn Danbury,
in Conn and as operator for the
Holiday Inn Buffalo Amherst Hotel, in
N.Y., which is in receivership.
“We are
seeing lenders becoming increasing more aggressive in taking back
hotels,” said
Mike Marshall, president and
CEO. “We have a proven track record in quickly stabilizing and
turning around
troubled hotels and have the infrastructure in place to immediately
take over
individual properties and portfolios on a moment’s notice. For
these
three properties, we will focus initially on what we believe are
substantial
opportunities in marketing and food & beverage to substantially
increase
revenues.”
About the Properties
:
- ·Holiday Inn Buffalo Amherst Hotel, in N.Y.—Located
at 881 Niagara Falls Blvd., in Amherst, a short distance from Niagara
Falls, downtown Buffalo, HSBC Arena and 30 minutes from Ralph Wilson
Stadium, the 199-room hotel features complimentary 24-hour airport
transportation to nearby Buffalo/Niagara International. The hotel
offers an indoor heated pool, fitness center with Jacuzzi, more than
3,500 square feet of flexible meeting space with audio visual
equipment, and a full-service restaurant.
- ·Four Points by Sheraton Hotel & Suites
Allentown Airport, in Pa.—At 3400 Airport Rd., in Allentown, in the
center of Lehigh Valley Industrial Parks, the property is conveniently
near historic downtown Bethlehem, Dorney Park & Wild Water Kingdom,
Blue Mountain Ski Area, Lehigh Valley Mall and Lafayette College.
The hotel features the area’s only Olympic-size indoor heated pool,
free 24-hour fitness center with cardio vascular equipment, business
center, and direct non-stop shuttle service to Lehigh Valley
International Airport. The 145 guest room’s amenities include
ergonomic desk and chair, microwave oven and complimentary high-speed
Internet access. The property has 4,500 square feet of flexible
meeting space and two dining options, Teddy’s Jetport Lounge &
Nightclub and Four Points Restaurant & Lounge.
- ·Holiday Inn Danbury, in Conn.—Situated at 80 Newton
Rd., in Danbury, the full-service hotel has 114 guest rooms. The
pet-friendly property has a 24-hour fitness center, seasonal pool, fax
and copy services, book nook library and enough banquet space to
accommodate up to 200 people. Marshall will oversee a renovation
of the hotel’s restaurant and lounge.
About Marshall Hotels &
Resorts, Inc.
Salisbury, Md.-based Marshall Hotels & Resorts, Inc. is celebrating
30 years as a hotel operating company. It has special expertise
in operating three- and four-star branded hotels and resorts, averaging
100 to 500 rooms, in urban and central business districts, as well as
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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