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Alliance Hospitality Acquires GR Hospitality Group Whose President, Greg Presley,
Joins Alliance as Executive Vice President of Operations

Alliance Appoints Joe Reardon as Executive Vice President of Sales and Marketing
and Bob Keating as Director of Business Development


(January 21, 2013) Raleigh, NC-- The key to being a successful hospitality management organization is to provide your stakeholders with class “A” talent, great resources, superior returns and open communication with your owners.

Those characteristics, along with an affordable fee structure, describes the foundation of Alliance Hospitality Management, which recently installed leaders Greg Presley, Joe Reardon and Bob Keating and executed an acquisition of Tennessee-based GR Hospitality Group.

As former president and owner of GR Hospitality Group, Greg Presley joins Alliance as Executive Vice President of Operations. He has nearly 30 years of experience in the industry--spanning more than 14 hotel brands. Additionally, he’s amassed awards at every level, including Marriott and Hilton top Honor Awards.

"Alliance is a top-tier organization with integrity at every level," Presley says. We are dedicated to a smart, simple and hands-on approach and believe in being three steps ahead of the competition at all times." “Understanding our owner’s needs is a key metric to our success; we will continue to build upon being a true owner centric organization”.

Alliance Hospitality Management president and CEO, Rolf Tweeten, is elated about the future of his company. "Greg, Joe and Bob have the determination and drive of newcomers with the vast experience of industry veterans," he says "Combined, they have the background of the best brands and management group experience along with deep connections in the industry.  With our recent reorganization, we have elevated the level of operational excellence, sales and marketing along with revenue management platforms we offer to both current and prospective clients.”

With more than 22 years in the hotel industry, including 15 years with Marriott, Alliance has appointed Joe Reardon as Executive Vice President of Sales and Marketing.  In this role, Reardon will oversee the sales and marketing, revenue management and will be deeply involved in business development along with Presley, Keating and Tweeten.

Reardon, who has the rare ability to build a dynamic sales culture in organizations, will work closely with clients to maximize total revenues in each asset while ensuring owners a high return on their investment.

"I've overseen large portfolios of hotels across the country for investment groups such as Noble-Interstate and big brands like Marriott," Reardon says. "But no one in this industry is more dedicated to the success of their clients than Alliance, and that was incredibly attractive to me.  I’m even more excited that Alliance is in the midst of tremendous growth and we’ve identified a niche that’s attractive to many hotel owners in today’s market. Our organization is focused on working hand-in-hand with owners and developers. We provide the attention they need to grow and most importantly, provide tools and resources along with an affordable fee structure that make sense for all parties. There are many owners that have approached us applauding our efforts while stating that Alliance’s business model has been a missing component for many years when compared to its larger competitors in the hotel management industry.”

Those sentiments are echoed by Alliance's profound portfolio, which includes Nick Patel, owner of a Courtyard by Marriott and Fairfield Inn & Suites by Marriott in Clarksville, Tennessee. "Entrusting the management of my properties to Alliance was the smartest business decision I've made. They are every bit as passionate about the growth of my companies as I am, and I'm looking forward to adding more properties with them in 2013,” says Patel.

A former and seasoned Marriott Executive, Bob Keating, joins Alliance Hospitality Management as Director of Business Development. This addition to the team will benefit both new and current clients looking to engage in hotel acquisitions, business development and receiverships throughout the country.

"With nearly 30 years as a Marriott Executive who handled franchising, openings, acquisitions and divestitures, I understand the operation of a hotel from top to bottom as an operator and as a representative of an owner and developer. I look forward to sharing my expertise with our existing and new clients," says Keating.

Privately-held real estate investment executive and owner of two hotels in the North Ft. Worth Alliance Airport area (Residence Inn by Marriott and Hampton Inn Suites) Charles Dubroff of Scottsdale Arizona based Sagamore Capital; LLC is applauding the new focus and energy at Alliance. “I’m so pleased with the invigorating effect these additions at Alliance have already had on our hotels,” said the longtime Alliance client. ‘It gives me a lot to look forward to in the future of my business and the business of my clients.”

With the addition of Presley, Reardon and Keating, and a strong pipeline of opportunities, Alliance Hospitality is certainly poised for growth. For more information, visit www.alliancehospitality.com or contact Joe Reardon, EVP Sales and Marketing, jreardon@alliancehospitality.com

About Alliance Hospitality

Alliance Hospitality is an innovative next-generation hospitality management company, headquartered in Raleigh, North Carolina. Alliance was founded in 2003 to manage lodging assets for institutional investment groups, individual owners and lenders. Alliance Hospitality is one of only 10 management firms approved to manage a Marriott hotel.  The company provides value by developing the highest caliber hospitality professionals, and through implementing proprietary tools and unique processes to create a comprehensive hospitality management system. The Alliance portfolio of full-service, extended stay, all-suite, and select service hotels includes 20+ hotels with 2,400+ rooms in 8 states, operating under agreements with Marriott, Hilton, IHG, Choice, and Starwood as well as Independent hotels.

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Also See: Alliance Hospitality Completes Renovation and Opens the 171-room Holiday Inn Indianapolis North – Carmel in Indiana; Re-flagging the former Four Points by Sheraton Indianapolis – Carmel / October 2012

Success Prompts Alliance Hospitality Move to New Headquarters in Downtown Raleigh; Top hospitality management company, Alliance Hospitality, positions for growth with expanded offices in downtown Raleigh. / July 2012

Alliance Hospitality Surpasses Industry Expectations with Fiscal Performance Released in 2011 Financial Results; Portfolio of Alliance Hospitality managed hotels surpasses results of competitors with 19.8 percent higher growth in revenue per available room for the year and exceeds U.S. Average RevPAR Growth by 18.3 percent. / January 2012

Alliance Hospitality to Manage the 156-suite Comfort Suites Atlanta Downtown Convention Center in Georgia / January 2012

Alliance Hospitality to Manage the 110-room Hilton Garden Inn Kankakee in Illinois / November 2011

Alliance Hospitality Inc. Purchases the 64-room Best Western Plus Franklin Park Suites - Polaris in Columbus, Ohio / October 2011

Alliance Hospitality Chosen to Manage the 142-room Hilton Garden Inn Shreveport in Louisiana / August 2011

IHG and Alliance Hospitality Open the New 104-room Holiday Inn Express in Columbus, Ohio / August 2011

Alliance Hospitality Names Steve Huey as Director of Sales at the Doubletree by Hilton Dallas Market Center in Texas / July 2011

Alliance Hospitality Management Names Barry Shatoff of Hilton Garden Inn New York General Manager of the Year and Stacey McGee of Hilton Garden Inn Atlanta North/Alpharetta Director of Sales of the Year / March 2011

SSR, LLC Selects Alliance Hospitality Management to Operate the 156-room Clarion Hotel and the 65-room Holiday Inn Express in Kalamazoo, Michigan / February 2011

D&D Lodging Selects Alliance Hospitality to Operate its Hilton Garden Inn in O’Fallon, Illinois / April 2010
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