Crescent Hotels & Resorts to Manage Palisades Conference Center in New York
February 12, 2016 9:09am
Palisades, New York -- HNA Group has completed the acquisition of International Business Machines' (IBM) 106-acre, 450,000-square-foot Palisades Conference Center, located 20 miles north of Manhattan, as a resource and training center for HNA Group’s global executive team. The conference center property is located at 334 Route 9W Palisades, New York 10964. Terms of the transaction were not disclosed.
The conference center will now be known as the HNA Palisades Premier Conference Center. HNA has retained Crescent Hotels & Resorts to manage the property on its behalf.
HNA Group is a global multinational with interests in airport services, transportation, real estate, financial services, leasing, tourism, hotels, and logistics. HNA has a 200,000-strong global workforce.
HNA Group was attracted to Rockland County, and Palisades in particular, because of the community's proximity to New York City and the well-educated workforce in Palisades and the surrounding communities. HNA Group said that as its business expands in North America, the Group will need talented, dedicated employees to help fuel its growth
International Business Machines (IBM) plans to maintain a presence at the property. The Palisades Conference Center provides leading financial institutions, universities and services organizations with training and education facilities, as well as hosting customer events.
HNA Group intends to maintain the current character of the property and is committed to operating the conference center in a manner that is sensitive to the needs of the Palisades and Rockland communities. In addition to training events for its global workforce, HNA plans to host cultural and social events for its new neighbors.
Tags: hna group,
crescent hotels & resorts
Crescent Hotels & Resorts is a nationally recognized, top-3 operator of premier hotels, resorts & conference centers. Crescent currently operates over 100 hotels and resorts in the US and Canada. Crescent is one of the few elite management companies approved to operate upper-upscale and luxury hotels under the brand families of Marriott, Hilton, Starwood, Hyatt and IHG. Crescent also operates a collection of legendary independent hotels, resorts & conference centers. For more information, please visit www.chrco.com
HNA Group Co., Ltd. is a global conglomerate engaged in airport services, transportation, real estate, financial services, leasing, tourism, hotels, and logistics. It is the parent company of Hainan Airlines, which was founded in 1993. It is based in China in Haikou, Hainan Province and in Beijing. HNA Group is known for its commitment to corporate social responsibility.
Crescent Hotels & Resorts Adds DoubleTree Suites Philadelphia West to Management Portfolio
Sheraton Suites Philadelphia Airport Welcomes Jackie King as Director of Sales & Marketing
Crescent Hotels & Resorts and Aliz Group Appoints Management Team for Aliz Hotel Times Square
Crescent Hotels & Resorts Appoints Amanda Hawkins-Vogel as SVP of Operations and Michael Carr-Turnbough as SVP of Food & Beverage
Crescent Hotels & Resorts Selected to Manage Hilton Greenville Hotel in South Carolina
Crescent Hotels & Resorts Appoints Harold Bassler as General Manager for DoubleTree by Hilton Orlando at SeaWorld
Crescent Hotels & Resorts Adds Sheraton Gunter Hotel San Antonio to Management Portfolio
Crescent Hotels & Resorts to Manage Embassy Suites by Hilton Philadelphia Valley Forge
Crescent Hotels and Resorts Appoints Theresia Kelly as Spa Director of Sheraton Bay Point Resort
Aliz Group and Crescent Hotels & Resorts Plan Fall Debut of Flagship Aliz Hotel Times Square in New York City
Crescent Hotel and Resorts Appoints Jason Gold as SVP Business Development
Crescent Hotels & Resorts Adds 1004-Room DoubleTree Orlando Resort at SeaWorld to Management Portfolio
Crescent Hotels & Resorts Appoints Robert Butler as Executive Vice President of Operations
HNA Group Issues Statement on Succession and Governance
HNA Group Announces Death of Chairman Wang Jian in an Accident in France
Crescent Hotels & Resorts Opens 385-Room Crowne Plaza Baltimore Following Multi-Million Dollar Renovation
The Mayfair Hotel Appoints Peter Kolla as General Manager
Crescent Hotels & Resorts Selected to Manage 299-Room Las Vegas SpringHill Suites Convention Center
The Mayfair Hotel LA to Join Crescent Hotels & Resorts Latitudes Collection of Lifestyle Hotels
Crescent Hotels & Resorts Opens New 112-Room TownePlace Suites by Marriott Milwaukee Oak Creek in Wisconsin
Please login or register to post a comment.