M&R Hotel Management to Operate Holiday Inn Near Times Square
M&R Hotel Management today announced it will manage the new 271-room Holiday Inn New York – Times Square South, scheduled to open this year at 585 Eighth Ave., between 38th and 39th streets. The 35-story hotel, now under construction, becomes the 13th New York hotel in M&R Hotel Management's 15-hotel portfolio and fifth Holiday Inn hotel. M&R also manages five Holiday Inn Express hotels.
GREAT NECK, N.Y. (May 19, 2015) – M&R Hotel Management today announced it will manage the new 271-room Holiday Inn New York – Times Square South, scheduled to open this year at 585 Eighth Ave., between 38th and 39th streets.
The 35-story hotel, now under construction, becomes the 13th New York hotel in M&R Hotel Management's 15-hotel portfolio and fifth Holiday Inn hotel. M&R also manages five Holiday Inn Express hotels. Both brands are franchised by InterContinental Hotels Group.
M&R also manages hotels under the brands of Choice Hotels International, Wyndham Hotel Group and Best Western International. The company has been certified to manage selected brands of Marriott International, Hilton Worldwide, Hyatt Hotels Corp. and Starwood Hotels & Resorts Worldwide.
"Each of our brand partners has its own special profile and niche in the market," said Brian McSherry, M&R Hotel Management chief operating officer. "We are proud to work with InterContinental Hotels Group to serve Times Square South, an emerging market that is attractive to business and leisure travelers alike."
The new hotel is located three blocks from West 42nd Street with convenient access to mass transit including the Port Authority Bus Terminal and New York Penn Station and proximity to the Jacob Javits Convention Center, the Broadway theater district, world-class restaurants and shopping.
The Holiday Inn New York – Times Square South features king and queen rooms, a full-service restaurant, meeting facilities for up to 35 people, 24-hour business and fitness centers and complimentary high-speed Internet access. Guest rooms and public spaces will be decorated in keeping with Holiday Inn's contemporary approach to design.
M&R Hotel Management's New York hotels include four in Manhattan, six in Queens and three in Staten Island. Rounding out the portfolio are a hotel in the Boston suburb of Braintree, Massachusetts, and a hotel on the Caribbean island of St. Maarten.
Along with day-to-day management, M&R Hotel Management provides consulting services in hotel site and contractor selection, feasibility analysis, permitting, financing, franchising, human resources support, sales and marketing, revenue management, food and beverage management, risk management audits, e-commerce, design, procurement, accounting audits and engineering.
About M&R Hotel Management
M&R Hotel Management is a top-performing hotel operator with an 18-year record of successful hotel operations that deliver a superior return on investment. The company is headquartered in Great Neck, New York, and maintains offices in Manhattan and Dallas. With 23 hotels under management and four properties under development, the company's current operations include 15 properties in New York City and eight in Indiana, Missouri and Illinois. M&R is certified to manage selected brands of Marriott International, Hilton Worldwide, Hyatt Hotels Corporation, InterContinental Hotels Group, Choice Hotels International, Wyndham Hotels & Resorts and Best Western Hotels & Resorts. M&R's business plan calls for expansion of its portfolio through third-party management contracts.
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