WASHINGTON, DC -
- November 13, 2012—Davidson Hotels
& Resorts, one of the nation’s largest independent hotel management
companies, today announced that it has assumed management of the
362-room
Hilton Boston Downtown/Financial District. The hotel is the
second
management agreement between owners DiamondRock Hospitality Company
(NYSE: DRH)
and Davidson.
“We are honored to be selected to manage this high
profile property in Boston, which is one of the most sophisticated
markets in
our industry,” said John Belden, Davidson’s President and CEO. “We are
also
enthusiastic about continuing and growing our relationship with
DiamondRock.”
“Davidson exceeded our expectations on our first hotel
management opportunity together. They quickly improved
operations, enhanced
the guest experience and implemented aggressive revenue management and
marketing strategies that led to an improved market share and bottom
line,”
said John Williams, President and Chief Operating Officer for
DiamondRock
Hospitality. “We look forward to their duplicating that success
at the
Hilton Boston Downtown/Financial District.”
In addition to its complement of large guest rooms, the
362-room Hilton Boston Downtown/Financial District includes 66 large,
two-room
suites. Offering a superior location in the heart of it all, the
hotel
was built during the 1920s and is housed in one of Boston’s first art
deco
skyscrapers. Situated ten minutes from Logan International
Airport and
just over a mile from the Boston Convention & Exhibit Center at 89
Broad Street,
the hotel is proximate to Faneuil Hall Marketplace/Quincy Market,
the New England Aquarium, Boston Children’s Museum and the TD Garden
arena. Hotel amenities include more than 10,000 square feet of
versatile
meeting space, complimentary business center, state-of-the-art fitness
center
and Nix’s Mate Restaurant,which is located in the main level of the
hotel with
a separate, dedicated entrance on Broad Street. Offering the very
best in
modern American fare with a seasonal and local influence, the menu is
created
and executed by Chef David Nevins, formerly of Todd English's Olives
and
Neptune Oyster.
About DiamondRock Hospitality
Company
DiamondRock Hospitality Company is a self-advised real estate
investment
trust (REIT) that is an owner of premium hotel properties. The Company
owns 26
premium hotels with approximately 11,500 rooms and holds one senior
mortgage
loan. The Company’s hotels are generally operated under globally
recognized
brands such as Hilton, Marriott, and Westin. For further information,
please
visit DiamondRock Hospitality Company’s website at www.drhc.com.
About
Davidson Hotels & Resorts
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 has amassed one of the purest full-service
hotel
portfolios in the industry, ranging from the upper-upscale to
near-luxury
segments; encompassing 48 upscale, full-service independent and branded
hotels
with over 13,600 rooms across the United States, including such
affiliations as
Hilton, DoubleTree by Hilton, Embassy Suites, Hilton Garden Inn,
Sheraton,
Westin, Hyatt, Marriott, Renaissance, Courtyard by Marriott, and
Radisson. Additional information on Davidson may be found at the
company’s Web site, www.davidsonhotels.com.