Charlestowne Hotels Assumes Management of the 118-room Foundry Park Inn & Spa in Athens, Georgia

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. January 16, 2014

Charleston, SC - January 16, 2014 - Charlestowne Hotels has assumed management of Foundry Park Inn & Spa in Athens, GA.

The Inn joins 24 independent properties out of the 30 currently managed by Charlestowne and is the second property in Georgia to be included in the firm's portfolio. Management officially began December 1, 2013 and encompasses all aspects of operations, including accounting, marketing, ecommerce and revenue management.

Located just steps away from downtown Athens and the University of Georgia, the handsome 118 room inn is nestled among historic landmark buildings dating back to the 1830s creating a quaint village setting. The Foundry Park Inn is home to a fine restaurant and popular entertainment venue and boasts a full-service spa and four well-appointed ballrooms.

Although the property has been well maintained throughout the years, ownership anticipates remodeling the guest rooms and public spaces mid-year in an effort to enhance the overall guest experience and to provide a more modern aesthetic to the property.

"We are honored to be selected for the management of such an iconic hotel and venue in the Athens area," states Michael Tall, president and COO of Charlestowne Hotels. "The Inn provides a unique guest experience compared to the many branded hotels in the market, and with the projected capital improvements and a strong focus on service we anticipate nothing less than positive results in the years ahead."

About Charlestowne Hotels

Charlestowne Hotels is a full-service hospitality management company offering innovative, yet proven, expertise in hotel management. Founded in 1980 by CEO Everett L. Smith, Jr., Charlestowne Hotels has become one of the top ranked hotel management companies in the US. The firm is a "Top 100" ranked hotel management company by the industry's four leading trade journals, as determined by a combination of properties, rooms, and revenue under management.

Charlestowne Hotels' proficiency in managing a diverse portfolio of properties, including AAA Four Diamond hotels, luxury boutique inns, resorts, condo hotels and branded properties, has led to numerous industry accolades including Condè Nast Magazine "Gold List" and "Top 100 Hotels in the United States" awards, TripAdvisor's #1 and #2 Luxury Hotel in the United States awards, Expedia's "Top 10 Four Star Hotels in the US" award, Smith Travel Research's "Best Performing Hotel in the US" award, as well as other national media and AAA honors.