T.R. ENGEL Group ('TRE') Adds Two Hotels
Boston, Massachusetts - August 15, 2013 - Today, the T.R. ENGEL Group, LLC ('TRE') announced the addition of the Renaissance Schaumburg Convention Center Hotel, in Schaumburg, IL and the former Marriott Charlotte Executive Park in Charlotte, NC to its asset management portfolio, bringing its total full-service hotels under third-party asset management to nine properties and over 4,800 rooms.
At the 500-room Renaissance Schaumburg Convention Center Hotel, TRE will focus on establishing the Convention Center as the premier Midwestern destination for groups and exhibitors, expanding the asset's regional and national draw. Meanwhile, at the 297-room newly rebranded Crowne Plaza Charlotte Executive Park, TRE will work closely with the owner and operator to reposition the former Marriott branded property to a fresh, new-look Crowne Plaza, consistent with InterContinental's vision for the upscale brand. Paul Puzzanghero, Senior Vice President of TRE and a 25+ year Marriott veteran will be responsible for day-to-day asset management of the hotels.
Tom Engel, President and Founder of TRE, commented, "Both of these hotels have unfulfilled potential and we intend to realize it on behalf of our client owners. These properties combine committed ownership, motivated management, and TRE's operational expertise and creative asset management style, which together can take these assets to the next level."
T.R. ENGEL Group, LLC - TRE
More about the T.R. ENGEL Group, LLC - TRE is a Boston-based, international hotel advisory and asset management firm. Today, TRE provides third-party asset management and advisory services across three (3) continents: North America, Europe, and Asia (Middle East). For more information, please visit www.trengelgroup.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 
