SALISBURY, MD, Dec. 6, 2010—Officials of Marshall Hotels & Resorts, Inc., a leading, Maryland-based hotel management and services company, today announced the company has been appointed receiver for the Four Points by Sheraton Hotel & Suites Allentown Airport (top left photo), in Pa.; and Holiday Inn Danbury (middle right photo), in Conn and as operator for the Holiday Inn Buffalo Amherst Hotel (middle left photo), in N.Y., which is in receivership. “We are seeing lenders becoming increasing more aggressive in taking back hotels,” said Mike Marshall (middle left photo), president and CEO.
“We have a proven track record in quickly stabilizing and turning around troubled hotels and have the infrastructure in place to immediately take over individual properties and portfolios on a moment’s notice.
“ For these three properties, we will focus initially on what we believe are substantial opportunities in marketing and food & beverage to substantially increase revenues.”
Four Points by Sheraton Hotel & Suites Allentown Airport, in Pa.—At 3400 Airport Rd., in Allentown, in the center of Lehigh Valley Industrial Parks, the property is conveniently near historic downtown Bethlehem, Dorney Park & Wild Water Kingdom, Blue Mountain Ski Area, Lehigh Valley Mall and Lafayette College.
· Holiday Inn Danbury, in Conn.—Situated at 80 Newton Rd., in Danbury, the full-service hotel has 114 guest rooms. The pet-friendly property has a 24-hour fitness center, seasonal pool, fax and copy services, book nook library and enough banquet space to accommodate up to 200 people. Marshall will oversee a renovation of the hotel’s restaurant and lounge.
Additional information about Marshall Management may be found at the company's Web site: http://www.marshallhotels.com/.
Contact: Jerry Daly, media, Daly Gray Public Relations, (703) 435-6293,
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