News for the Hospitality Executive |
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.�
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Contact:
Alliance Hospitality Contact: Jon Schade
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