AMC Delancey Group Names Jay Burnett Hotel Asset Manager to Oversee Expanding Hotel Portfolio
PHILADELPHIA, PA, NOVEMBER 14, 2005. AMC Delancey Group, Inc., a Philadelphia-based national real estate investment company, has named Jay Burnett Hotel Asset Manager. In this capacity, Burnett will asset manage AMC Delancey's portfolio of hotel properties, working largely with several new hotel assets acquired in partnership with the Paramount Hotel Group. Burnett will be based out of the company's corporate headquarters in Philadelphia and report directly to Andrew Kleeman, AMC Delancey's Vice President of Asset Management.
Kleeman commented, "We are delighted that Jay Burnett has joined our growing team of quality professionals at AMC Delancey Group. With high-caliber professionals like Jay, we enhance the asset management expertise resident in our many operating partners. We are confident that Jay's more than 12 years of proven hotel industry experience will be an invaluable asset to our firm and our hotel partners."
Prior to joining AMC Delancey, Burnett served as a hotel sales and marketing/development analysis consultant. He is also formerly the Director of Sales and Marketing Analysis for Marriott International, Inc., where he managed the development, production and interpretation of sales and marketing, competitive analysis, revenue management and loyalty program reports to support strategic decision-making.
Burnett holds a Master of Management in Hospitality degree from Cornell University's School of Hotel Administration, and a Bachelor of Science in Commerce from the University of Virginia. Jay Burnett resides with his wife and two daughters in Gilbertsville, Pennsylvania.
AMC Delancey Group, Inc. is a leading real estate investment and development firm that co-invests with a growing number of real estate operating partners throughout the United States. Headquartered in Philadelphia, Pennsylvania, the Company's unique approach focuses first on the quality of potential operating partners, next on their investment strategies, and finally on the specific properties proposed for acquisition. The Company's current investment programs include hotel, office, retail, multi-family, condominium, mixed use, and land development. AMC Delancey plans to expand these and other investment programs into existing and new territories, with existing and new operating partners, with investments targeted over the next several years in excess of one billion dollars. For more information on AMC Delancey Group, visit www.amcdelancey.com.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
