Expotel Hospitality Services Secures Management Contract for Crowne Plaza Phoenix North

. September 28, 2010

New Orleans, LA - September 27, 2010 - Expotel Hospitality Services L.L.C., an innovative and well known hotel management company, has partnered with Alchemist Hotels & Resorts (AHR), the hospitality arm of Chandigarh-based Alchemist Ltd, their first U.S. hotel venture. The Crowne Plaza Phoenix North, located in the bustling I-17 Corridor. Expotel Hospitality officially takes over this month.

The Crowne Plaza Phoenix North offers 248 guestrooms, 10,000 square feet of meeting and banquet space, including indoor and outdoor swimming pools. A multi million dollar renovation of guestrooms and public space is underway.

AHR specializes in real estate, hotels and resorts, food processing, healthcare, pharmaceuticals and aviation, including fine dining restaurants outside of the U.S. This will be Alchemist Hotels & Resorts (AHR) first domestic project into the hotel arena. The company had been looking into the U.S. lodging industry for some time, wanting to add to their already successful business model. President and CEO Ravinder Singh stated “Our new venture has been clearly thought out for the long term growth of our company. Expotel Hospitality is a perfect fit based on their track record as well as their familiarization of the Phoenix/Scottsdale market.”

Vice President, Marketing & Sales/E-Commerce for Expotel Hospitality, Jeff Iavarone concurred, “We have had a presence in the Phoenix market for years and fortunately we bring a great deal of knowledge to AHR. Our track record has been quite favorable even during the downturn we have managed to hold a steady and firm balance of premium top line market performance as well as managing our bottom line.”

The addition of Crowne Plaza compliments the broad appeal of Expotel's diverse portfolio ranging from select feature to full service products. The range of brands extends from Hampton Inn's to Embassy Suites, Hilton, Doubletree, Sheraton Four Points, Wyndham, Holiday Inns, Crowne Plaza, Best Western and independent boutiques. Expotel Hospitality has entered into the field of hotel management companies by marketing their ability to manage almost all types of hotel products across the spectrum of lodging products today.

Kerry Ranson, Executive Vice President of Operations for Expotel Hospitality adds, “The addition of the Crowne Plaza Phoenix North compliments our existing portfolio and resembles our plans to work with big box hotels in major markets. Alchemist Hotels & Resorts plans more expansion in the future and we are laying the groundwork for more partnerships with AHR in other cities.”

Expotel Hospitality Services is headquartered in New Orleans, LA operating hotels across the country. Expotel is an owner operator and hotel Management Company for Hilton, Doubletree, Sheraton Four Points, Crowne Plaza, Wyndham, Holiday Inn, Hampton, Embassy Suites, Best Western, and independent boutiques.

Contact:
Jeff Iavarone
www.expotel-usa.com
504-212-1344

Business Contact:

Jeff Iavarone
T: 504-212-1344
E: [email protected]

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