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THE DEAL IS IN THE DETAILS
Marcus Hotels & Resorts opened the Hotel Business article "To Market, To Market" in the May issue. When asked how Marcus establishes roots in the markets in which we operate, Andrea Foster answered, "First, our general managers are 'mayors of the market' and they engage and stay connected in the communities in which we operate," she said. "After all, the markets we are in must be vibrant and desirable for our guests and customers to visit, for our associates to live and work, and for businesses and organizations in our communities to thrive. We are part of the fabric of our markets. Second, we stay engaged in the happenings within our markets, to be informed of opportunities to engage further in the hotel market. We have multiple properties in several markets, as there are various synergies to be found in this approach."
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A WHOLE NEW WORLD
Marcus is selective about the management contracts we enter into - our focus is on quality, not quantity. As a billion-dollar company, we have the scale to be highly cost-effective in our operations, as well as also the focus to provide attentive, personalized service to our owners. The result is success at both the top- and bottom-lines. Andrea Foster will be attending the NYU International Hospitality Industry Investment Conference June 2-4, 2019 at the Marriott Marquis in NYC. If you are rethinking third-party management and how effective it can be for your property or portfolio, please reach out to Andrea here for a meeting to learn more about what Marcus brings to the table.
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NOT THIS PRINCESS
AH&LA's second annual ForWard: Women Advancing Hospitality is taking place May 29-30 at the InterContinental Magnificent Mile in Chicago to recognize the women of the hospitality industry and champion the next generation of leaders. Discussions will include integrating diversity into succession plans, leadership skills to break the glass ceiling, and engaging men in the gender equality conversation. ALL are welcome to attend; learn more and register here.
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Will Smith, who plays Genie in Disney's new release of Aladdin, is ranked as the most bankable star worldwide by Forbes. As of 2014, 17 of the 21 films in which he has had leading roles have accumulated worldwide gross earnings of over $100 million each, five taking in over $500 million each in global box office receipts. He also holds the record for most Kids' Choice Awards with a whopping six wins.
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Contact Andrea Foster, SVP, Development, if you are interested in discussing third party management & investment opportunities.
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414.905.1269 | andreafoster@marcushotels.com
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Named one of the “Most Trustworthy Companies in America” by Forbes Magazine, The Marcus Corporation, the parent company of Marcus Hotels & Resorts, is listed on the New York Stock Exchange (NYSE: MCS). Founded in 1935 by Ben Marcus, The Marcus Corporation has two operating divisions: Marcus Theatres® and Marcus® Hotels & Resorts. The company’s theatre division is the fourth largest motion picture circuit in the U.S. The company entered the lodging business in 1962 with its purchase of the historic Pfister Hotel in downtown, Milwaukee, Wisconsin. Today, the company is in its third generation of family leadership led by Gregory S. Marcus, president and CEO. Now with more than 50 years of expertise in hotel management, turnarounds, development, and historic renovations, the company’s diverse portfolio includes a wide variety of properties including city-center convention hotels, premium brands, upscale resorts, and independent and branded first-class hotels.
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Marcus Hotels & Resorts and MCS Capital, The Marcus Corporation’s hotel investment subsidiary, continue to seek management contracts. Led by a strong team of experienced development experts and hoteliers, Marcus Hotels knows what hotel owners want and need, and meet those expectations with accounting, legal, IT, human resources, operations, marketing, and sales expertise already in place. As a leading national hotel management company, Marcus Hotels & Resorts is a proven partner that adds a fresh perspective to any hotel’s bottom line.
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