Prestige Hospitality Group Selected to Manage Two Hotels in Kinston, North Carolina

USA, Albany, New York. August 11, 2020

James C. Frenis, CHA, Chief Executive Officer of Prestige Hospitality Group, LLC (PHG) is pleased to announce the award of two new third-party management contracts for hotels located in Kinston, North Carolina.

PHG was selected to provide hotel management and operation services for the Hampton Inn located at 1382 Hwy 258 South in Kinston. Owned by King's Hospitality, the 122-room hotel features a ballroom, meeting space, business and fitness centers, outdoor pool and all the complimentary services and amenities associated with the Hampton Inn brand. The hotel was completed renovated in May 2020.

PHG was also selected to manage the Holiday Inn Express and Suites located at 1156 Hill Farm Road in Kinston. Owned by Raja Hospitality, the 74-room hotel features 17 king suites, business and fitness centers, outdoor pool and complimentary hot breakfast. The hotel is currently undergoing a total renovation which is expected to be completed by September 2020.

"These two new contracts are a testament to our continued success managing hotel and hospitality venues," said Robin W. Hottle, Managing Director of PHG's North Carolina office. "We welcome the opportunity to bring PHG's expertise to these two properties and their ownership team."

As the third-party management company, PHG is responsible for daily operations, sales and marketing, and fiscal management designed to maximize the return on investment for owners and developers.

"PHG's expansion into North Carolina two years ago has been extremely rewarding," noted Mr. Frenis. "Hospitality ownership groups and developers throughout the southeast have valued our hands-on management approach and unwavering focus on people, product and performance."

Headquartered in Albany, New York, PHG is a rapidly growing hospitality development and management company. The company opened its Charlotte, North Carolina office in 2018 and has rapidly expanded its presence throughout the southeast region.

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