Greenwood Hospitality to Manage Hyatt Place Nashville
Nashville, October 10, 2014 - Greenwood Hospitality Group announced today that it will manage the Hyatt Place Hotel located in Nashville, TN. The property was acquired last month by DBIK&J Nashville, LLC. Greenwood's principal Aik Hong Tan made the announcement.
Situated close to Nashville Airport, proximate to Larry Keeton Theatre and 20 minutes from downtown Nashville, the property features 83 guestrooms, approximately 1,000 square feet of meeting and conference room space, a casual restaurant and lounge.
In the coming months, Greenwood will coordinate with ownership on a renovation of the hotel that will include updates and additions to all guestrooms, as well as improvements to all meeting, public and dining spaces.
Commenting on the acquisition, Greenwood principal Aik Hong stated, “The Hyatt Place is a well situated property, with a well-established strong brand, in a dynamic market. The proposed capital improvements will further enhance the property and solidify its long-term performance.”
About Greenwood Hospitality Group
Greenwood Hospitality Group is engaged in the acquisition, repositioning and management of upscale, full-service and select-service hotels throughout the United States. Greenwood's portfolio includes over 2,000 rooms and 1,250 employees and is based in Denver and with offices in Hartford, CT, Harrisburg, PA and Houston, TX. Greenwood includes industry veterans and principals Tom Conran, Aik Hong Tan, Bill Zollars and Bill Kohl, who together have more than 125 years of industry investment and management experience. The company's vision is to set new excellence standards regarding the relationship it forges with its investors, property level associates, and the communities in which they work.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
