Homewood Suites Cincinnati-Milford Wins Prestigious Award From Apple REIT

MERRILLVILLE, Ind., March 5, 2012 /PRNewswire/ -- White Lodging is pleased to announce the Homewood Suites in Cincinnati-Milford, owned by Apple REIT Companies, won the Master of Margins award in February.

(Logo:  http://photos.prnewswire.com/prnh/20120210/DE51498LOGO )

The award is given each year to the Apple REIT Companies hotel with the highest profit margin growth year of year. The Homewood Suites Milford, OH beat out 282 other hotels to win the award.

"The Homewood Suites team has worked very hard to deliver premium results to all of our key stakeholders over the past year, and we are honored to receive this award from Apple," said Regional Vice President Dave Montrose. "Additionally, I couldn't be more impressed with Carrie Duncan, our general manager, and the entire team's efforts that lead to this accomplishment."

Montrose said the hotel did an exceptional job of driving top line revenues and exceeding top line budgeted sales by 10 percent. Through operational excellence and great cost controls, the hotel was able to exceed year of year profit by $203,000, Montrose said.

"It was great to win the award due to the hotel historically not performing to its fullest potential," said Duncan. "There is a great team in place that has worked diligently to turn the hotel around. I could not be more proud of my team."

White Lodging Services Corporation - was established in 1985 and is headquartered in Merrillville, Ind. White Lodging is a fully integrated hotel ownership, development and operations company - a recognized leader that has defined and cultivated the ability to achieve consistent, sustainable growth among mid-to large-scale hotels across the country. Its current portfolio consists of more than 158 hotels in 20 states and encompasses representation of the following leading brands: Preferred Hotels, Marriott International, Inc., Hilton Worldwide, Hyatt Global, Starwood Hotels and Resorts, InterContinental Hotel Group and Carlson Hotels Worldwide.

For more information about White Lodging, please visit www.whitelodging.com.

SOURCE White Lodging

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