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Hospitality Management Corporation Selected to Manage the Sheraton Omaha Hotel,
the Former Crowne Plaza Omaha-Old Mill in Omaha, Nebraska
$4 million Renovation Slated to Begin
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News for the Hospitality Executive |
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| Omaha, NE,
September 1, 2011:
Leo Spriggs,
President/CEO of Hospitality Management Corporation, has announced the
conversion of the Crowne Plaza Omaha-Old
Mill to the Sheraton Omaha Hotel in Omaha, NE. Owned by an investment fund managed by Latitude Management Real Estate Investors, Inc. (LMREI) and managed by Hospitality Management Corporation (HMC), the former Crowne Plaza will begin a $4 million renovation to all guest rooms and public areas soon after opening. The hotel will remain open throughout the renovations, which will begin in September 2011 and are scheduled to be completed by the end of January 2012.
About Latitude Management Real Estate Investors, Inc Latitude Management Real Estate Investors, Inc. (LMREI) is a real estate fund manager that originates, invests in, and manages commercial real estate loans, securities and value-add real estate assets throughout the United States. Specific investments include first mortgages, mezzanine debt, distressed debt and equity. For more information, please visit www.lmrei.com. About Starwood Hotels & Resorts Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 1051 properties in 100 countries and territories with 145,000 employees at its owned and managed properties. Starwood Hotels is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® by Sheraton, and the recently launched Aloft®, and Element SM. Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwoodhotels.com. Hospitality Management Corporation Hospitality Management Corporation (HMC), founded in 1971, is a privately owned independent management company, and is one of the oldest independent hotel management firms in the lodging industry. For over four decades, HMC has provided hotel management services for third party institutional and private owners. The company’s headquarters has been located in Dallas, Texas since its inception. |
| Contact: Libby Shaw [email protected] |