MEMPHIS, Tenn., October 17, 2011—Officials
of
Davidson Hotels & Resorts, one of the nation’s largest independent
hotel
management companies, today announced the company will open a new
headquarter
office in Atlanta, Ga. Certain functions, primarily
accounting,
risk management, payroll and portions of IT will remain in
Memphis. The
relocation is expected to take place in summer 2012.
“We have expanded our portfolio of properties
significantly over the past five years, and we believe we are poised
for
continued growth throughout the coming years,” said John Belden,
president and
CEO of Davidson. “By relocating to a gateway city, we provide
greater
travel options for our associates, and optimize our visibility and
accessibility with investors and property owners. This will also
allow us
to aggregate more operational and development resources under one roof,
as well
as materially enhance our ability to attract the best possible talent
in the
future.
“We initially looked at five major markets on the East
Coast, but Atlanta was chosen because it is rated as one of the
nation’s Top 10
most attractive cities for corporate relocation and currently is the
4th
largest hotel/hospitality market in the country, providing a deep pool
of
prospective industry talent,” Belden added. “Hartsfield-Jackson
International Airport will provide us with the most comprehensive and
efficient
access to our portfolio, our clients, our brand partners and our
investors. We intend to locate in the Perimeter area of Atlanta,
due to
its central and strategic location.”
Corporate functions relocating to Atlanta include:
operations, sales/revenue management, food and beverage, design and
construction, legal, human resources and business development.
The
Memphis office will continue to house accounting, payroll, risk
management and
components of the IT departments.
“This dual-office configuration will provide us with an
even stronger platform for growth and portfolio support, and we expect
to add
personnel in both locations as we expand our business,” Belden
said.
About Davidson Hotels &
Resorts
Headquartered in Memphis, Tenn., Davidson Hotels &
Resorts is an award-winning, full-service hotel management company that
provides management, development/renovation, acquisition, consulting
and
accounting expertise for the hospitality industry. The company’s
portfolio encompasses 49 upscale, full-service independent and branded
hotels
with nearly 13,900 rooms across the United States, including such
affiliations
as Hyatt, Westin, Sheraton, Marriott, Renaissance, Hilton, Embassy
Suites,
Doubletree, Radisson, Crowne Plaza, Hilton Garden Inn and
Courtyard.
Additional information on Davidson may be found at www.davidsonhotels.com.