Propel Management Assumes Management of Holiday Inn Express & Suites in Round Rock, Texas
Propel Management, LLC, a division of the Propel Companies which last week named Marriott veteran Tye Turman as its CEO, today announced that it has taken over management of a 91-room hotel in Round Rock, Texas, that will reopen this spring as a Holiday Inn Express & Suites.
Turman said that this move by Propel is in line with the company's enhanced third-party growth plans.
Jayson Mitchell, president of Propel Management, said that the hotel, currently closed, had been sitting dormant for over a year and that Propel's construction division, Propel Construction, LLC, has begun a full transformative renovation to bring the property to brand standards.
"Now that we've taken over management for the property and our construction division can begin renovation, we are very excited to give new life to this well-located hotel in Round Rock's thriving market," Mitchell said.
The hotel's location on Interstate 35, just 20 miles from the heart of Austin, has close access to the Round Rock Sports Center and abundant retail, restaurant and commercial/office centers nearby. All will play key roles in the property's success.
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 
