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Davidson Hotel Company Announces Two New Management Agreements (United States)

Davidson Hotel Company Announces Two New Management Agreements (United States)

Category: Worldwide - United States - Careers - Appointments
This is a press release selected by our editorial committee and published online for free on 2008-08-19


Company Will Operate Sheraton Orlando-Downtown Hotel and Miami Mart Airport Hotel

Davidson Hotel Company, one of
the nation's largest hotel management companies, today announced that it
now operates two additional Florida hotels, the 341-room Sheraton
Orlando-Downtown Hotel and the 332-room Miami Mart Airport Hotel. The
properties are owned by CF Hospitality, Inc. and SF Hotels, Inc., both
privately-held Florida companies.

"With the addition of these two large, full-service hotels, Davidson
now has a portfolio which includes five upscale hotels in Florida," said
John A. Belden, Davidson's president and chief executive officer. "We are
attracted to the strong demographics in both Orlando and Miami, and
following the implementation of our proprietary marketing and management
systems, we believe these hotels will quickly gain strong market share and
substantially increased value for ownership."

Located in the Blue Lagoon business district of Miami, the 12-story
Miami Mart Airport Hotel adjoins the Miami International Merchandise Mart
and is within minutes of such area attractions as South Beach, Bayside
Marketplace, The Venetian Pool, The Biltmore, Biscayne National Park, and
family-themed locales like Jungle Island, Miami Metrozoo, and Monkey
Jungle. Guest rooms feature plush-top beds and luxurious duvets,
floor-to-ceiling windows and wireless, high-speed Internet access. The
hotel also provides an outdoor swimming pool, whirlpool, poolside bar,
business center and 24-hour, complimentary shuttle service to and from the
airport.

Situated near Lake Ivanhoe with a shaded jogging trail and Antique Row,
the 15-story Sheraton Orlando-Downtown Hotel is proximate to such local
attractions as Universal Studios and Disney-themed parks, as well as
corporate offices for Wachovia, BellSouth and SunTrust. The hotel offers an
outdoor, heated pool, business center, fitness facility, 20,000 square feet
of flexible, newly-designed function space and the upscale, yet casual,
Sixty South Bar & Trattoria. Guest rooms have wireless, high-speed Internet
access, oversized work desk, data port and the Sheraton Sweet Sleeper Bed.

"These two properties reflect Davidson's on-going strategy to augment
its overall growth through third-party management," said Steven A. Margol,
Davidson's executive vice president of Business Development. "We continue
to seek out opportunities where we can apply our skills to help owners
unlock new or unrealized value in their assets. This is particularly
important in today's economic conditions."



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