Davidson Hotels Wins Franchise Accolade
Posted on: 22/11/2006
Davidson Hotel Company, one of the nation's largest hotel management companies, today announced that it had become one of the first independent management companies to receive the new designation of "Preferred Operator" by Hyatt Hotels & Resorts. Davidson will be one of only a handful of top-tier hotel operators to receive the designation, which will be required to become a third-party operator of Hyatt properties.
"Davidson has demonstrated that it is in an elite class of operators with the proven expertise and systems to maintain Hyatt's exacting standards in operations and guest service," said Steve Goldman, Hyatt's executive vice president of acquisitions and development. "They recently acquired, in a joint venture partnership with Amstar Group, our Hyatt Regency Newport, Rhode Island. We look forward to working with them to enhance the brand and the hotel's profitability."
"We are honoured to be chosen as the first Preferred Operator by Hyatt, and together with Amstar, we intend to deliver the quality and high guest satisfaction in Newport that distinguishes the brand from other luxury hotels," said John A. Belden, Davidson's president and chief executive officer. "We will continue, as a Preferred Operator and franchisee for Hyatt, to aggressively seek other acquisition and development opportunities to bring to the Hyatt system."
There are 217 Hyatt branded hotels and resorts (over 90,000 rooms) in 44 countries around the world, operating under the Hyatt, Hyatt Regency, Grand Hyatt and Park Hyatt brands. Currently, there are an additional 32 Hyatt hotels and resorts under development, including 11 new hotels in China.
Headquartered in Memphis, Tenn., Davidson Hotel Company is an award- winning, full-service hotel owner and third-party management company that provides management development/renovation, acquisition, consulting and accounting expertise for the hospitality industry. The company currently owns and/or manages 26 upscale hotels with nearly 7,800 rooms across the United States, including such brands as Hyatt, Hilton, Embassy Suites, Doubletree, Marriott, Renaissance, Westin and Sheraton.
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