Hotel News Resource - Crescent Hospitality Hotel Industry News

Crescent Hotels & Resorts today announced that Adam Greene has joined the company as senior vice president of development & investments. In the new role, he will be responsible for spearheading the company’s expanded acquisition, investment and growth strategy.

Opens Toronto Office, 14 Hotels in First Year of Operation, Expects Growth of 6-10 additional hotels in next 12 Months

Crescent Hotels & Resorts officials today announced that the company has taken over management of two hotels in St. Paul--the 470-room Crowne Plaza St. Paul-Riverfront and the 249-room Hilton Garden Inn St. Paul City Center. Both properties are owned by SP Hotels, LLC.

Presidio Companies, headquartered in Fairfield, Calif., announced that it has named Crescent Hotels & Resorts to manage its 431-room Sheraton Fort Worth Hotel and Spa in Texas.

The Adolphus joins Crescent's collection of classic independent hotels & resorts that also includes the Georgian Terrace in Atlanta and the il Lugano Hotel in Ft. Lauderdale.

Officials of Crescent Hotels & Resorts today announced the company has added eight management contracts and is ahead of schedule to achieve its goal of adding 12 contracts to its portfolio by year's end. The company added 18 hotels in 2008.

Company Acquired $400 Million in 2007

il Lugano Luxury Resort Debuts in Fort Lauderdale

Joint Venture Plans to Own/Operate

Quality Inn to Undergo $6 Million Renovation to Convert to Holiday Inn Brand