PHILADELPHIA, Nov. 24, 2014 (GLOBE NEWSWIRE) -- GF Management, a leading national hotel ownership and management company, announces that one of its hotels, the Holiday Inn Charlotte University earned top honors at the 2014 IHG Americas Investment & Leadership Conference held in Las Vegas. The Hotel, owned and managed by an operating affiliate of GF Management, was honored as a 2014 Renovation Award Winner and recognized for its achievement throughout the Conference.
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Holiday Inn® is a global brand that continues to deliver exceptional care to its guests through innovative offerings and quality service. As stated by IHG executives throughout this year's conference "a brand is a promise." This sentiment rings loud and clear at the 'Boutique Beautiful' Holiday Inn Charlotte University. The Hotel has committed itself to this innovative approach to products, amenities and service, and, in an effort to stay true to this culture, has recently completed $5 million in first-class renovations. The Renovation Award presented by IHG is only awarded to those hotels that merit special recognition for successfully completing major modernization and renovation programs.
The Holiday Inn Charlotte University in Charlotte, NC was initially acquired by GF Management in May 2012. The Hotel then underwent an extensive renovation, including a complete overhaul of the 174 guestrooms, the addition of the 2,400 square foot Terrace Ballroom, and exterior face-lift, landscaping, an impressively designed new lobby, business hub, fitness center and everything in between. In addition, the Hotel now features the Red Sky Lounge and Grill, a new hotspot for the Charlotte University area. The upscale modern space features a cozy fireplace and three distinct areas for guests' dining pleasure, including a posh lounge and bar, a restaurant, and a private dining room for intimate events.
Positioned as a strategic move to further develop the Company's owned portfolio, this acquisition was the first of several in the ensuing years. Since acquiring its first hotel in 1988, GF has grown into one of America's leading hotel owners and managers with 16 hospitality assets now under ownership by its principals and affiliates. GF's current owned and managed portfolio consists of more than 120 hospitality assets in 33 states, comprising over 16,000 guestrooms.
The Holiday Inn Charlotte University is located just north of center-city Charlotte featuring 174 guestrooms and boasting 5,000 square feet of flexible meeting space. The hotel also offers a business center and complimentary wireless high speed Internet. The Red Sky Lounge and Grill is the on-site restaurant and lounge. Additional leisure amenities include a fitness center and outdoor pool. For information on the Holiday Inn Charlotte University, please visit www.HICharlotteU.com or call 704-547-0999.
About GF Management
GF Management is an award-winning, full-service hospitality ownership, management and advisory company founded in 1988 and based in Center City Philadelphia. With 120 hospitality assets under management, including hotels, resorts, conference centers, catering facilities, waterparks, casinos and golf courses in 33 states, GF Management specializes in third-party management, asset management and advisory services for a variety of individual, private, institutional and financial clients. Many of GF's core hospitality assets within the portfolio are owned by its principals and therein provide the strength and balance of ownership and management. The Company is currently seeking to expand its portfolio of full-service ownership and management assignments through long-term contracts and joint-venture investment opportunities.
For more information about GF Management call 215-972-2222 or visit www.GFHotels.com.
