Source: HMC

Sherman, TX, August 15, 2012: Leo Spriggs, President/CEO of Hospitality Management Corporation, is pleased to announce the signing of a new property management contract adding to HMC's growing portfolio of properties. The newly contracted hotel is located in Sherman, Texas:

The Holiday Inn Express Sherman is located 75 miles north of Dallas off of Highway 75. This property has a total of 84 guest rooms, 14 suites and 1,026 sqft of meeting space. The hotel houses an indoor pool with a heated whirlpool spa, an onsite workout facility, complimentary Express Start breakfast bar available daily, business center, and wireless internet.

The Hotel is near popular camping, fishing and boating areas of Lake Texoma. History buffs can visit the historic C.S. Roberts House and the Perrin Air Force Base Museum. With the hotel sitting atop the North Texas Technology Corridor, it is ideal for guests needing easy access to high-tech companies like Texas Instruments and MEMS Southwest. Other companies located within the hotel's vicinity are Tyson Foods, CIGNA and Kaiser Aluminum.

About Hospitality Management Corporation (HMC)

Founded in 1971, HMC is a privately owned independent management company and one of the oldest independent hotel management firms in the lodging industry. For over four decades, HMC has been a leader in providing hotel management services for institutional and private owners and continues to strive for excellence in hospitality management and hotel development across the United States. Since its inception, the company's headquarters have been located in Dallas, TX.

For more information on Hospitality Management Corporation, please contact Leo Spriggs, President and CEO, at (972) 934-2040 or [email protected].