Twenty Four Seven Hotels Awarded California Management Contracts
August 5, 2014 7:26am
Twenty Four Seven Hotels (“24-7 Hotels”) a western regional hotel management company recently added two new contracts to its growing portfolio giving them eleven managed hotels totaling just under 1,500 rooms. The new additions in the last thirty days include the 100-room Comfort Suites in Ontario, CA, and the 139-room TownePlace Suites by Marriott in Anaheim, CA. Both hotels will be managed on behalf of the same investment group.
“We began a relationship with this ownership group over a year ago and recently we've added two additional management contracts with the same owner” said David Wani, CEO of Twenty Four Seven Hotels.
“When our owners place their faith in our company and then look to further that relationship, it is a validation of Twenty Four Seven Hotel’s performance driven culture.”
The TownePlace Suites Anaheim Maingate Near Angel Stadium further solidifies the company’s managed portfolio of Marriott brands, as this recent addition brings Marriott branded managed hotels to six, a number the company anticipates to grow even higher since recently being added to Marriott’s list of recommended approved U.S. select-service hotel operators.
“Although transaction activity has been extremely limited in the western U.S. markets where the company is focused,” Drew Hardy, President of Twenty Four Seven Hotels said “much of the company’s recent growth is being fueled by its existing client base.” The company projects their strong growth to continue in the foreseeable future spurred from expansion within its existing ownership base; through relationships with select capital partners seeking acquisitions in the current hotel real estate cycle; and through its active development pipeline in some of their most strategic markets, including their recently approved Hampton Inn & Suites in Los Angeles.
Tags: towneplace suites anaheim,
twenty four seven hotels,
branded hotel management,
comfort suites ontario ca
Twenty Four Seven Hotels is a privately owned
hotel management company based in Newport Beach, California. Established in 2004, Twenty Four Seven Hotels has a well-defined vision, strong sense of values and guiding principles and a long-range, quality minded approach to business and relationships. The company presently manages eleven select service hotels totaling 1,489 guestrooms and suites under license agreements with Marriott, Hilton, IHG and Starwood in the western United States. Integrating our hospitality management expertise with a well-defined investment & hotel development platform, we are uniquely positioned to build a portfolio of high quality hotel projects.
For more information about hotel management and business development, please visit our web site at www.t4shotels.com. We are also on the social scene at: www.facebook.com/Twenty4SevenHotels or @247hotels or http://www.linkedin.com/company/twenty-four-seven-hotels.
Contact: Mary Fran Dion
Owned and Managed by Sterling Hospitality Management, Fairfield Inn & Suites by Marriott Spokane Valley Opens in Washington
Horizon Hospitality Management Opens New 82-Room SpringHill Suites by Marriott in Ringgold, Georgia
Lodgic Hospitality to Break Ground on New Element by Westin in Irving, Texas
TNB Hotels Opens Four Points by Sheraton Salt Lake City Airport
Vail Marriott Mountain Resort Launches $25 Million Renovation
Owned and Managed by Kinseth Hospitality Companies, TownePlace Suites by Marriott Set to Open in Grafton, Wisconsin
Marriott Signs With Flag Luxury Group to Open More Than $500 Million Ritz-Carlton Hotel and Residences Tower in New York City
Owned and Managed by Glacier House Hotels, TownePlace Suites by Marriott Whitefish Opens in Montana
Ian Schrager With Marriott International Opens The Bodrum EDITION Overlooking the Aegean Sea
Starwood Capital Group and Cycas Hospitality Open 319-Key Residence Inn by Marriott London Kensington
Christian Metzner Appointed General Manager of W Kuala Lumpur
Marriott International Launches Tahseen Hospitality Training Program in Partnership With Helwan University and PDF
Marriott Signs and Capital Alliance Partner to Debut AC Hotel Brand in Australia With 2020 Opening of AC Hotel by Marriott Melbourne Southbank
Owned and Managed by CN Hotels, TownePlace Suites by Marriott Opens in Charleston, South Carolina
Twelfth Avenue Realty Holdings to Debut W Hotels Brand in Music City With 2020 Opening of W Nashville
HP Hotels Opens 96-Room Fairfield Inn & Suites by Marriott in Columbus, Indiana
Owned and Managed by MCR Development, Courtyard by Marriott Dulles Airport Herndon Opens in Herndon, Virginia
Hawkeye Hotels Set to Break Ground on Marriott Moxy in City of Omaha’s Old Market Entertainment District
Marriott, AccorHotels and IHG Top Asia Pacific Construction Pipeline, Excluding China
Stonebridge Companies Set to Open Courtyard by Marriott Denver Airport at Gateway Park
Please login or register to post a comment.