Marshall Opens Philadelphia Four Points by Sheraton
Hotel is Company's Second Managed Property in Philadelphia and Seventh in PA
DECEMBER 4, 2008. Marshall Management, Inc., a leading, mid-sized hotel management company, today announced that it has opened the 92-room Four Points by Sheraton Philadelphia Convention Center in Pennsylvania. It is the company's first property to be managed under an agreement with Lam's Realty Corporation, a local hotel and real estate development and operations firm. The Four Points by Sheraton is Marshall's second managed hotel in Philadelphia and the seventh in the state.
"This is our ninth urban hotel in the Northeast corridor, which provides us with additional economies of scale and operating synergies," said Michael Marshall, president and CEO of Marshall Management, Inc. "We believe the greater operating and cost efficiencies will benefit all of our managed properties, as well as enhance our marketing efforts."
Located at 1201 Race Street, across the street from the Philadelphia Convention Center, near the Philadelphia Museum of Art and the University of Pennsylvania, the Four Points by Sheraton Philadelphia Convention Center offers 2,688 square feet of flexible meeting space, a full-service restaurant, fitness center and free high-speed Internet in all public areas and guest rooms. The hotel is convenient to Chinatown, City Hall and the Reading Terminal Market and nearby corporate offices, including GlaxoSmithKline, KPMG, IBM and Accenture.
Guest rooms contain the Four Points by Sheraton Comfort Bed(R), featuring a plush mattress, an assortment of pillows and a duvet in a rich palette of colors, free bottled water and in-room movies on a state-of-the-art 32-inch flat panel television. Guests may sample domestic and international beers in the hotel lounge, courtesy of the Four Points by Sheraton Best Brews(R) program.
"In addition to on-going operations, our hotel expertise encompasses development, project consulting, pre-opening services and construction management," Marshall noted. "This is the fourth new-build property that we have opened in the past six months, and we are on schedule to open four more within the next six months."
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