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 Sagamore Capital LLC Selects Alliance Hospitality to Manage Two Hotels
Lcated at the Fort Worth Alliance Airport: the 111 room Residence Inn
and the 102 room Hampton Inn & Suites

 
Raleigh, NC (October 20, 2010) –  Alliance Hospitality Management announced today that it had signed management agreements with Sagamore Capital LLC and related entities to manage two hotels in Fort Worth, TX. The 111 room Residence Inn- Alliance Airport and the 102 room Hampton Inn & Suites- Alliance Airport are located adjacent to Fort Worth Alliance Airport (FTW). 

Alliance Texas, developed by Hillwood- a Perot Company, is a 17,000-acre master-planned, mixed use community located in north Fort Worth and is home to 240 companies with 28,000 employees.

Rolf Tweeten, Chairman of Alliance Hospitality Management said, “We are pleased to have been selected by Sagamore Capital LLC to manage their newly renovated hotel assets in Fort Worth. Our business intelligence practices have been a key component that has afforded us the ability to grow revenues above market performance and provide superior returns to owners. We look forward to continuing our partnership with Sagamore Capital as they acquire additional lodging assets.”
     
About Alliance Hospitality Management: 
Headquartered in Raleigh, North Carolina Alliance Hospitality was formed to answer the needs of hotel owners, who asked for a hotel operating company to manage lodging assets from their perspective. The name Alliance was derived from the belief that a third party management company should be aligned with each owner. Alliance Hospitality Management LLC was formed in 2003 and today manages a portfolio of 52 full service, select service and extended stay hotels with 7,000+ rooms in 18 states, supervising annual hotel revenues in excess of $150 million dollars.

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Contact: 

Alliance Hospitality Contact: Jon Schade
Tel: (919) 791-1812
jschade@alliancehospitality.com
 

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Also See: D&D Lodging Selects Alliance Hospitality to Operate its Hilton Garden Inn in O’Fallon, Illinois / April 2010
Hotel Developer BPJ Group Selects Alliance Hospitality to Manage Four Holiday Inns in Central Wisconsin / September 2009
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