CAMBRIDGE, Ohio, Jan. 10, 2014 (GLOBE NEWSWIRE) -- The Quality Inn Cambridge, formerly the Econo Lodge Cambridge, is the newest name in the area's hospitality industry. The hotel is putting the final touches on a $1.5 million renovation and is open for business.

The extensive renovations included a complete interior and exterior remodel, well exceeding guest expectations. The hotel now offers new beds and bedding, furniture and décor, 32" flat screen TVs with HD cable, and new WiFi infrastructure and network. There is also a state of art laundry facility and 24 hour dining and beverage pantry on site.

The Quality Inn Cambridge is owned by Energy Related Properties in partnership with Wexford Capital LP. Energy Related Properties, founded and headquartered in downtown Midland, Texas, is a private equity fund dedicated to investing in, developing and operating real estate assets, where energy plays a significant role in the economic viability of each community. Wexford Capital is an SEC registered investment advisor that manages a series of hedge funds and private equity funds from its Greenwich, CT, headquarters. While Wexford invests in many different sectors, it has particular expertise in real estate and energy/natural resources.

The hotel is managed by ELOH Associates LLC, an affiliate of GF Management. Energy Related Properties engaged ELOH Associates LLC to operate the hotel in 2012, and in collaboration, the partnership has elevated the hotel to a professional and successful operation. GF Management is a full-service hospitality ownership, management and advisory company based in Philadelphia with more than 120 hospitality assets under management, including hotels, resorts, conference centers, casinos and golf courses in 32 states.

Situated in a superb location off the heart of the intersection of I-70 and I-77, this Quality Inn® hotel in Cambridge, OH is surrounded by the unexpected treasures of Guernsey County—hidden outdoor treats, natural resources, culinary delights, museums, décor, antiques and collectibles, and more. The hotel offers easy access to several popular local attractions, including Dickens Victorian Village, Cambridge Glass Museum and Penny Court Antique Mall.

Guests of the Quality Inn hotel will enjoy relaxing in the seasonal outdoor pool, catching up with family and friends on the pool deck, or having a meal in the picnic area, which features five brand-new all-season barbeque grills. Business travelers will appreciate conveniences like access to free wireless high speed Internet, as well as fax and copy services. Other amenities include free hot breakfast and coffee, a free daily newspaper, and specialized large vehicle and rig parking.

The staff of the Quality Inn Cambridge property is thrilled to bring new life to a hotel in the unique setting that only Cambridge, OH can supply. Whether traveling for business or pleasure, they look forward to welcoming past guests of the Econo Lodge Cambridge and new guests from around the area and beyond. For more information, the hotel can be reached by calling 1-(740) 439-3581.