News for the Hospitality Executive |
March 2013 - Kana Hotel Group is pleased to announce that they have added five new management contracts in the 1st Quarter of 2013, with three additional contracts coming on board on April 1st. This growth in third party contracts is in addition to Kana’s own development pipeline of four premium branded hotels that are opening over the next few months. “The contracts that we’ve added this quarter come to us from three different ownership groups. When you have a winning operating formula, such a strong team, and a successful track record, other owners and investors take notice; we’ve had a lot of inquiries for management assistance.” said Kevin Mahoney, President of Kana Hotel Group. He went on to say “This is an exciting time in Kana’s growth cycle; in late 2010 we were exclusively owned and operated properties totaling roughly 13 hotels. Fast forward just over two years and we’re approaching 35 properties, with a healthy combination of both owned and third party managed properties”. The properties added so far in 1st Quarter (totaling 597 rooms) are:
About Kana Hotel Group Kana Hotel Group is located in Knoxville, TN, with additional offices in Tampa, FL. Kana is an award winning independent third party management company with over 3,000 hotel rooms under management, and additional 500+ rooms in development. The portfolio is well diversified amongst major brands such as Hilton, Marriott, and IHG. Kana Hotel Group has extensive relationships with institutional owners and lenders as well as individual ownership groups. More information can be found at www.kanahotelgroup.com. |
Contact: Kana Hotel Group www.kanahotelgroup.com. |