posted on January 12, 2010 15:25
Expotel Hospitality Signs 3rd Management Agreement Within Last Six Months – Continues Controlled Growth
New Orleans , January 12, 2010 Expotel Hospitality has been appointed the management company of the 220 room Four Points by Sheraton New Orleans Airport Hotel effective January 2010 by the hotel’s owner, 6401 Hoteliers, LLC.
Allan Reagan, Managing Partner of 6401 Hoteliers stated, “Expotel was the logical choice for us. Their national capabilities have been proven by successfully operating diverse brands across the country, driving top line revenues and managing costs. Yet the locally-based leadership team of Mark Kucera and Jeff Iavarone employs a tailored business approach that perfectly fits our hotel. Our brand was pleased that Expotel has Starwood experience and is a designated Starwood preferred management company.”
The Four Points by Sheraton recently underwent a multimillion dollar enhancement in the public facilities as well as guest rooms covering all the high impact guest areas. The hotel has a high concentration of corporate travelers and serves the small to midsize meeting and banquet event markets.
Mark Kucera, Executive Vice President of Operations for Expotel stated, “Our executive team is confident that this Four Points by Sheraton can be taken to the next level of performance for all our stakeholders – valued guests, our associates, ownership, the brand, our vendors as well as the community.” He added, “The last six months we have added three high profile branded properties to our portfolio. We aim to continue our growth as a premiere management company and provide exceptional performance and profitability to our current and future ownership groups in a controlled growth business model. It is our goal to add five more properties in the next year and maintain our steadfast track record with a small controllable portfolio. We feel this benefits owner’s assets since each hotel warrants the attention it deserves.”
Expotel Hospitality Services, L.L.C. is a nationally recognized hotel management company located in New Orleans, LA, operating hotels across the country. Expotel is an owner operator and hotel management company for Hilton, DoubleTree, Crowne Plaza, Holiday Inn, Hampton Inn, Starwood, Embassy Suites, Choice Hotels, Best Western, and Independent boutiques.