PRESS RELEASE - FOR IMMEDIATE RELEASE

Contact: Chris Cargen / President and CEO
Email:
chris@hospitalityamerica.com
Source:
Hotel Business Magazine
Posted Date:
April / 2008

 

Hospitality America - Top 10 and Top 25 National Rankings By Hotel Business

2008 - Hospitality America, Inc. ("HA") Hospitality America tied for #9 in the Top 10 by Occupancy, and is ranked #24 by RevPAR and #77 by Gross Annual Revenues - Annual Rankings of the Top 100 Management Companies, HOTEL BUSINESS, April 20, 2008.

   2007 Results:
   74% Occupancy
   $126.39 ADR
   $93.55 RevPAR
   $46.5 million Gross Annual Revenue

   The Top 10 Management Companies are recognized in 3 categories: Gross Revenue, Occupancy and RevPAR (attached). In last year's survey, Hospitality America fell out of the Top 10 by Occupancy to #13 after having achieved rankings in the Top 10 By Occupancy in each of the prior 4 years 2003-2006, #1, #3, # 5 and #4 respectively.

   Several of the management companies we are ranked amidst, operate nearly exclusively in the super luxury hotel arena or in red hot occupancy markets such as New York City.

   We are grateful to our clients for the privilege bestowed to manage their extraordinarily fine collection of upper echelon, focused service hotels and recently added full service Hilton-Columbia Center with Ruth's Chris.

   It is a personal pleasure and privilege to work with our group of star hospitality professionals that produced these results!

   Additional information about the company and its management portfolio is available at http://www.hospitalityamerica.com

Hospitality America, Inc.
2301 12th Avenue South, Suite 201
Nashville, Tennessee 37204
(615) 377-7662 phone
(615) 279-9368 fax
Contact:  Chris Cargen, CEO & President
(615) 370-9600
 

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