Microtel New Build Contract for HMC — Photo by HMC

Leo Spriggs, President/CEO of Hospitality Management Corporation (HMC), one of the country's largest third-party privately held hotel management companies ranked in the top 40 (of all third party and owner operated) largest independent U.S. Hotel Operators is pleased to announce the signing of a property management agreement for a new build Microtel Inn & Suites by Wyndham, located in Midland, Texas adding to HMC's growing portfolio of managed properties.

The Microtel Inn & Suites by Wyndham will have a total of 83 guest rooms and is to be completed by early April 2014. Some of the Hotel amenities are: complimentary American Continental Breakfast, high-speed internet, a business center, pet friendly, complimentary wake up calls and large truck/bus/car parking will be available. The Microtel Inn & Suites by Wyndham will be located on Interstate Highway 20 in Midland, Texas the geographic epicenter of the Cline Oil and Gas shale area of the Permian Basin which accounts for almost 20% of the nation's known oil reserves. Midland, Texas is centrally located between Ft Worth and El Paso Texas and is the gateway to the Big Bend Area of Texas. The hotel is in close proximity to Midland International Airport, Big Bend National Park and is just minutes from local parks, attractions, shops and restaurants.

"We are excited to expand our Texas presence with another hotel in the Cline Oil and Gas shale area," said Spriggs. "HMC is keenly focused on growth in both the Eagle Ford and Cline Texas Oil and Gas shale areas inclusive of new hotel development. In the past several months we have added 8 hotels located in these dynamic markets to HMC's growing portfolio with several more in our pipeline."

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].