Hospitality Management Advisors, Inc. named as receiver for Denver, Colorado hotel
Cordova, TN, October 20, 2009 – Hospitality Management Advisors, Inc., the management arm of Wright Investment Properties, announced today that is was named receiver for a Days Inn located in Denver, Colorado by a Midwestern financial institution. The hotel has a prime location in the Denver Tech Center in the Denver suburb of Englewood. Englewood is home to one of the largest hospital complexes in the metro area and several Fortune 500 Companies including, Western Union, DISH Network and Liberty Media.
"Hospitality Management Advisors, Inc. has the ability to be named as a court appointed receiver and to take over the management the hotel on very short notice," said Charles Swan, President of Hospitality Management Advisors, Inc. He added, "With the current economic situation we anticipate, seeing an increased demand for services like this. Our ability to increase a hotel’s profits and therefore improve its marketability is one of HMA’s greatest strengths."
Wright Investment Properties is a leading privately held national hotel management and development company that is consistently recognized as one of the top 35 hotel management companies in the United States by Hotel Business Magazine. Wright’s development focus is on primary and secondary markets with premium hotel brands, both full and select service hotels. For more information on the company visit their website at www.wrightinvestments.com.
Hospitality Management Advisors, Inc. is one of the premier hotel management companies in the United States. The company works with private ownership groups as well as some of the largest public and private equity groups, REIT’s, Life Insurance Companies, banks etc. in the United States and has a proven long-standing reputation for performance-driven results through excellent operating and asset management standards. Hospitality Management Advisors operates hotels in more than nine states with a wide range of franchises including Marriott, Hilton, Carlson Hotels, Intercontinental Hotels Group and others. Hospitality Management Advisors is headquartered in Cordova, TN, a suburb of Memphis. For more information about Hospitality Management Advisors, visit the company’s website at www.wrightinvestments.com.
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