Hospitality Management Corp. Inks Deal for Microtel in Midland, TX
Tuesday December 3rd, 2013 - 8:42AM O
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MIDLAND, TX—Hospitality Management Corporation (HMC) has signed a property management agreement for a new build Microtel Inn & Suites by Wyndham here.
The Microtel Inn & Suites by Wyndham will have a total of 83 guest rooms and is to be completed by early April 2014. The hotel will be located on Interstate Highway 20 here, the geographic center of the Cline Oil and Gas shale area of the Permian Basin.
"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," said Leo Spriggs, president/CEO, HMC.
Tags: Hospitality Management Corporation • Microtel Inn & Suite • Hospitality • Management Companies •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.