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Marshall Management, Inc. Signs Management
Contract for Hotel Utica in New York;
$13 million Renovation Completed
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SALISBURY, Md., August 23, 2004 � Marshall Management, Inc., a leading mid-sized hotel management company, today announced that it had signed a long-term management contract to operate the historic, upscale Hotel Utica, a member of The Historic Hotels of America.  It is Marshall�s eighth new management contract signed in 2004.
 
�This is a grand old dame hotel, originally built in 1912, that has completed the first phase of a complete restoration,� said Michael Marshall, president of Marshall Management.  �The Hotel Utica is now the city�s premier hotel, and we intend to operate it in a manner befitting its history and reputation.  Our goal is to step up marketing efforts substantially and introduce new systems to control costs and significantly improve the hotel�s profitability.�

The 14-story building completed a $13 million renovation that restored the public 


Hotel Utica
102 Lafayette Street 
Utica, NY
space and the 112 rooms on the bottom ten floors to their original elegance.  The property�s top four floors have completed all the necessary demolition for upgrading but remain uncompleted.  The hotel will begin the final renovation of these four floors as room demand accelerates.  The four floors can accommodate up to an additional 64 rooms, which would increase the hotel�s capacity by more than 50 percent. 

The property is generally regarded as the city�s primary meeting and social event hotel.  The hotel�s 112 rooms and suites are classically furnished in 18th-century mahogany but feature the latest technology, including oversized television sets, two phones with dual lines and voice mail, and a recharging station for laptop computers.  The hotel�s Business Center is equipped with computer workstations, copier and fax capabilities.  In addition, the hotel offers a wide range of outdoor recreation options, including golf, skiing, snowmobile rides, hiking, fishing and antiquing.

Originally a 10-story building with 200 rooms, four dining rooms, a ballroom, an assembly hall, a restaurant and café, the Hotel Utica added the top four floors in 1926.  The hotel ceased operating in the early 70�s due to business decline, at which time it was broken up into two adult care residences.  In 1998, new owners purchased the hotel and completed a three-year, $13 million renovation program.  Following completion of the renovation, the hotel became a member of The Historic Hotels of America, a group of 202 hotels and resorts throughout the nation recognized for their historical integrity, architecture and ambiance. 

�The Hotel Utica is a classic hotel that will benefit from enhanced marketing and management,� Marshall said. 

Marshall Management, founded in 1980, has special expertise in operating three- and four-star branded hotels and resorts, averaging 100 to 400 rooms, in urban and central business districts, suburban/drive-to and resort locations. 

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Contact:
Marshall Management
www.marshallhotels.com
www.hotelutica.com

 
Also See: National Trust Historic Hotels Adds 21 Hotels Reflecting Architectural History of America / Oct 2001


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