Hamister Hospitality Group, LLC Purchases
Two Smyrna Tennessee Hotels: Fairfield Inn & Suites and Sleep Inn & Suites
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Williamsville, N. Y. – October 2004 - The Hamister Hospitality Group, LLC announced the purchase of its first two hotels: a Fairfield Inn and Suites by Marriott and a Sleep Inn and Suites by Choice Hotels in Smyrna, Tennessee. The Hamister Hospitality Group, LLC was formed as part of a growth strategy of focused on industries that capitalize on the experience and expertise of The Hamister Group, Inc.
“Our approach to assisted-living facilities has been to operate them much like resort hotels, so it was a natural extension of those capabilities to move into hotels,” said Mark Hamister, chairman, The Hamister Group, Inc. “We’ve seen tremendous opportunities in the hospitality industry and plan to acquire or build three to five hotels annually over the next five years. With the addition of the Hospitality Group and growth elsewhere in the company, we expect to double our employment and increase overall revenue nearly 60 percent by 2009.”
For more information on these Smyrna Tennessee hotels, please visit their web sites:
www.smyrnasleepinn.com
www.hamistergroup.com/smyrnafairfield
The Hamister Group, Inc. will be the manager of the property. Mark Hamister is the majority shareholder/managing member of each of the companies. However, the companies are not otherwise related. |
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