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eaming with the most respected names in the industry, Waterford Hotel Group has developed a reputation for delivering on time,

within budget, and exceeding client expectations. Whether the involvement begins at conception or during operation, Waterford Hotel Group strives for successful performance and profitability of each property, while maintaining the highest standards of quality, service, and cleanliness.

Managing the Asset Waterford Hotel Group, Inc. is an affiliate of Waterford Group, LLC, a group of companies and partnerships specializing in the development, ownership and management of hotel, venue, and gaming projects. Since its inception in 1984, Waterford Hotel Group has risen to the top amongst hotel operators through the collective expertise of its associates and its steadfast adherence to industry fundamentals. First and foremost, Waterford keeps its owners and customers best interest at heart.

The company provides value to the customer, creates value for the owner, and provides career growth for associates. This three-pronged commitment translates into business success.

Waterford Hotel Group offers a myriad of services to hotel owners, customer-tailored to meet the needs of individual hotels on an ongoing basis.


Operations

Waterford Hotel Group's philosophy in the dayto-day running of a hotel is simple: "hands-on hospitality". This hospitality management style is rooted in property-level empowerment, aided by tireless support from our corporate office. Both corporate and hotel staff develop an intimate knowledge of each property, the local community it serves, and the individual needs of hotel clientele and staff. At Waterford, a system-wide commitment to communication is crucial to our success. Frequent property visits, ongoing communication, and statistical reporting on a daily and weekly basis help to make our company a cohesive whole. We extend this commitment to Waterford property owners and investors by inviting and encouraging communication with corporate staff, monthly financial reporting, and holding quarterly and annual meetings. Equally as important, all staff members continually attend industry conferences and seminars, to keep on top of the pulse of hospitality trends and developments. Waterford Hotel Group's operational support to each property goes well beyond the day-to-day concerns, with a strong focus on areas such as: • Associate Training and Development • Budgetary Guidance • Food and Beverage Development • Short and Long-term Operational Planning ...............................

Human Resources Waterford Hotel Group understands that associates who perform their duties effectively and communicate well with guests and co-workers

are the most valuable assets a hotel can have. The company's training program works to instill a positive attitude at all levels. Waterford understands that diversity is the key to success in modern business, and we celebrate the many unique skills and perceptions offered by every member of the staff. Our properties are supported by a team of HR managers, providing an open line of communication for our general managers and their hotel teams. Additionally, our larger hotels are staffed by an in-house human resources department. Under Waterford Hotel Group's direction, each property works closely with local and state agencies to ensure that mandates and compliance standards are met. Waterford's comprehensive human resources department assists each hotel in developing a motivated and productive staff through: • Associate Recognition Program • Benefit Administration • Career Advancement • Internships • Opinion Surveys • Orientation • Recruitment and Retention • Salary and Benefit Surveys • Training ...............................

Sales and Marketing To outperform all other hotels in a given marketplace, it takes a top-down approach to


finance functions, including centralized accounting. Centralized systems provide us with the real-time data and tools we need to analyze operations and share the results with managers. Financial information flows into our corporate control center on a daily basis, greatly eliminating excess paperwork and duplication of effort.

product positioning and smart marketing. Comprehensive planning and training, a strong outside sales force, and Waterford's "property by property" approach to operating philosophy and market niche allow us to drive returns for our investors. Extensive market research is conducted to accurately position a property within its market and community. Communication is ongoing with area chambers of commerce, tourism development groups, and potential corporate clients to determine the needs of a location. The sales and marketing department accomplishes top performance for every hotel by developing and adhering to a specific marketing plan utilized by all departments throughout the year. The marketing plan is designed to allow complete analysis of each property's market position before revenues are projected. Each property submits weekly and monthly reports to the corporate office for review, communicating key information to aid in corporate sales efforts. Associates are proactive in assisting each property's management in order to reach sales goals and maintain an edge above competitors through: • Direct Sales • Electronic Distribution • Franchise Channels • Market Share Focus • Niche Marketing • Public and Media Relations • Revenue Management

................... Finance Waterford provides financial support to our hotels through a variety of accounting and

Additionally, our larger hotels are staffed by an in-house accounting department, where all accounting functions remain at the property level with oversight by regional staff members. These regional staff members review and analyze monthly financial reports, provide financial analysis, and support the property's accounting staff with training and best practices. With the power of current information at the fingertips of our executives, combined with our strong collective background in financing, refinancing, hotel construction, and day-today accounting, Waterford can apply sound fiscal management to leverage resources and raise funds, cut costs, grow returns, and act opportunistically during favorable market changes. Waterford financial services include: • Cash Management • Centralized and Decentralized Accounting • Daily & Monthly Reporting • Flexible Budgeting • Flow-through Analysis • Labor Analysis ...................

Information Technology Waterford Hotel Group has embraced technology as a major edge in the highly competitive modern hotel industry. We continually work to


ensure that technology is used to our advantage as a means of communication amongst our properties. Most importantly, technology allows us to better support our general managers, freeing them up to focus on the needs of guests and associates. Waterford's IT department leverages current technology to allow for more efficient collaboration between our properties and the corporate office. Our wide area network and intranet give each manager real-time access to the same data and forms as their support teams at Waterford. As a result, our managers have the information they need to be proactive in their decision making. Our IT staff provides 24x7 support to the properties to make sure they have access to those resources. In addition, we constantly evaluate new technologies to make every process more efficient, therefore giving the properties more time to interact with each guest. This centralized effort allows for better efficiencies in all areas, including: • Communications • Management Tools • Payroll • Standard Operating Procedures ...................

Capital Programs Waterford Hotel Group offers project management, value-engineering, architectural and plan review expertise, and draws from vast experience in a number of successfully executed hotel developments and renovations. Waterford delivers projects on time, within budget, and most importantly, according to client specification. This process is facilitated by our purchasing directly from the manufacturer at or below wholesale prices, and through timely and accurate cost estimations, budgeting and reporting. Waterford works closely with hotel ownership in determining appropriation of revenues to be set aside for capital expenditures. All parties involved share the same goal of maximizing revenues and return on investment, and subsequently our goal is always to make the

best use of capital monies. Capital reserve requirements vary greatly depending on the property, but are always set at a mutually agreed upon level conclusive to the optimum achievement of revenue goals. Other variables, such as life safety and ever changing franchise requirements, are continually reviewed. Each detail, from initial product design through purchasing, receiving, construction supervision, and installation, is professionally managed by Waterford, including: • Capital Planning • Capital Procurement • Construction Services • Technical Services ...................

Other Resources With a magnitude of additional resources available, Waterford Hotel Group and its affiliates can handle every detail of a project from initial development to the subsequent day-to-day operations of the hotel. With decades of experience in developing and managing hotels, Waterford provides additional valuable resources, including: • Engineering • Food and Beverage Management • Insurance Procurement and Risk Management • Internal Audit • National Purchasing Programs • Revenue Management


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WATERFORD HOTEL GROUP

The key team members of Waterford Hotel Group, Inc. are the following individuals: Len Wolman Chairman and Chief Executive Officer Len Wolman is the Chairman and CEO of Waterford Group, LLC, a group of companies and partnerships specializing in the development, ownership and management of hotel, venue, and gaming projects. Waterford Group consists of five subsidiaries: Waterford Hotel Group, Waterford Venue Services, Waterford Hospitality Group, Wolman Construction and Waterford Gaming. Each subsidiary handles a separate aspect of the industry, spanning property life from initial conception and physical construction to dayto-day operation. With more than 25 years of experience in the hospitality industry, Wolman has been involved in developing and operating projects totaling more than $2 billion. He has held his current position at Waterford Group for more than 20 years. Wolman holds a National Diploma in Hotel Management from the Hotel School Technikon Witwatersrand in South Africa and is a certified hotel administrator.

Mark Wolman Principal and Director Mark Wolman, Principal and Director of Waterford Group, has more than 20 years of experience in land development, residential and commercial construction, as well as asset management. He has worked with his brother, Len, in developing and supervising projects totaling more than $2 billion. Wolman has earned several statewide and national awards which include being honored as the Connecticut Builder of the Year by the Home Builders Association. He has also previously served as President of the local chapter and statewide association of the State of Connecticut’s Home Builder’s Association. Mark, a native of South Africa, holds a Bachelor of Science in Agriculture and Masters Degree in Business Administration from the University of Pretoria, South Africa.

Alan Angel Chief Financial Officer Alan Angel became Chief Financial Officer of Waterford Group in January1999. Since 1997, Angel has been the Chief Financial Officer of MysticSuites, LLC. Mystic Suites, LLC is a commercial development firm based ineastern Connecticut, which currently holds an ownership interest in a number of hotels managed by the Waterford Hotel Group, Inc. Prior to joiningMystic Suites, LLC, Angel resided in South Africa and served as ChiefFinancial Officer of Rowan and Angel cc. Angel is a Certified PublicAccountant and a Chartered Accountant, and has more than 25 years ofaccounting experience. He holds an Accounting degree from the Universityof the Witwatersrand in Johannesburg, South Africa.


Robert Winchester President and Chief Operating Officer Rob Winchester is the President and Chief Operating Officer of Waterford Hotel Group, Inc. His responsibilities at Waterford include all aspects of ongoing operations for the firm, including all facets of operating the hotels currently under management. Additionally, Winchester develops and maintains relationships with potential institutional, financial, and individual partners to grow the company's third-party management portfolio. Under Rob's direction, Waterford Hotel Group has developed a reputation for delivering on time, within budget, and exceeding client expectations. Whether the involvement begins at conception or during operation, the team strives for successful performance and profitability of each property, while maintaining the highest standards of service and excellence. His combination of operations, sales, and finance expertise translates into efficient and optimally profitable results. Winchester joined the organization in 1990 and has more than 30 years of professional experience in the hospitality industry, including an extensive background in finance, acquisition, and disposition. Winchester holds a Bachelor of Science degree in Accounting from the University of Connecticut.

Gregory Smith Chief Financial Officer and Vice President, Finance As Chief Financial Officer for Waterford Hotel Group, Smith is responsible for the financial, accounting, and information technology functions of Waterford Hotel Group and each of the properties that it manages. He develops, implements and maintains financial controls and standardized policies that reduce costs and streamline financial communications, as well as operating and capital budgets. Smith is a key financial link between Waterford Hotel Group, property ownership, managers, and accountants. He joins Waterford Hotel Group with nearly 30 years of in-depth accounting and finance expertise, most recently serving as Chief Financial Officer/Chief Administration Officer for Boykin Management Company. Previously, Smith held numerous positions with Interstate Hotels & Resorts, including Vice President of International Finance and Regional Director of Finance, Vice President and Corporate Controller, and Hotel Controller.

Judy Moran Vice President, Human Resources Judy Moran oversees the day-to-day function of the human resources department with particular focus on associate and labor relations, executive recruitment, compensation and benefit design, performance management, and organizational strategic goals. Possessing multi-location expertise, Moran leads the human resources role by providing functional leadership and directing all areas of the human resources function for Waterford Group and its related entities. Before entering the human resources side of the hospitality industry, Moran held several positions in hotel operations, including Assistant Front Office Manager and Executive Housekeeper. Her experience includes major chains such as Hyatt, Meridien, and Sonesta as well as independently operated hotels. Moran holds a Bachelor of Science degree in Psychology from Emory University in Atlanta, GA.


Michael Heaton Vice President, Operations As Vice President of Operations, Michael Heaton directly oversees the ongoing operations of Waterford Hotel Group's full service property portfolio. Heaton joined Waterford Hotel Group in 1997 and has held numerous management positions since that time, including general manager of the Courtyard by Marriott in Cromwell, resident manager of the Mystic Marriott Hotel & Spa in Groton, as well as general manager of Waterford-managed properties throughout the United States. He most recently served as Regional Hotel Director for Waterford Hotel Group. Heaton is the former president of the Connecticut Lodging Association and lodging representative for the Connecticut Restaurant Association. He holds a Bachelor of Arts Degree in Economics from the State University of New York at Albany.

Brien Fox Vice President, Sales and Marketing Brien Fox is responsible for overseeing all aspects of sales, marketing and revenue management for Waterford Hotel Group and its managed properties. Fox has more than 20 years of experience in the hospitality industry. Previously, he served as the Director of Sales and Marketing at the Waterford-managed Mystic Marriott Hotel & Spa and later as the Corporate Director of Sales and Marketing for Waterford Hotel Group. His background includes 10 years of sales leadership with Starwood Hotels and Resorts, working with both the Sheraton and Westin brands in the New England region. Prior to his tenure with Starwood, Fox served in operational roles with the Copley Plaza Hotel in Boston and for Le Meridien Hotels. He holds a Bachelor of Arts Degree in Political Science from New York University.

Karen Bachofner Vice President, Sales - Select Service Karen Bachofner oversees the sales efforts of the select service properties in the Waterford Hotel Group portfolio. With more than twenty years experience in the hospitality industry, she is also responsible for the company's revenue management team and the e-commerce team. Bachofner joined Waterford Hotel Group in 1987, where she held several positions including Catering Manager and Director of Sales for brands such as Sheraton, Marriott, Best Western, Holiday Inn and Comfort Inn. Most recently she served as Regional Director of Sales and Corporate Director of Revenue Management for Waterford Hotel Group. Bachofner is a member of Hospitality Sales & Marketing Association International (HSMAI) and is certified to teach Achieve Global's Professional Selling Skills.


Lisa Beers Vice President, Corporate Public Relations Lisa Beers oversees and coordinates all public relations matters for Waterford Group, with particular focus on the promotion of the organization as a whole. She has built strategic relationships with various media to position Waterford Group and its subsidiaries with a positive image. Since joining the company in 1987, she has worked in various capacities and functions, giving her a global understanding of the company's goals and objectives. Beers holds a Bachelor of Science degree in Business Management from the University of Phoenix, and is a member of the Public Relations Society of America.

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COMPANY PORTFOLIO

CONNECTICUT Property Name Courtyard by Marriott Residence Inn by Marriott Mystic Marriott Hotel & Spa Residence Inn by Marriott Hilton Hartford Marriott Hartford Downtown Comfort Inn Residence Inn by Marriott Whitehall Mansion Four Points by Sheraton Courtyard by Marriott Rosemont Suites Holiday Inn Express Residence Inn by Marriott SpringHill Suites Sheraton Bradley Airport Hotel Connecticut Convention Center

Location Cromwell Danbury Groton Hartford Hartford Hartford Mystic Mystic Mystic Norwalk Norwich Norwich Southington Southington Waterford Windsor Locks Hartford

Rooms 145 78 285 120 393 409 120 128 5 127 120 24 122 94 80 237 n/a

Stuart

120

MASSACHUSETTS **Residence Inn by Marriott

Chicopee

90

MICHIGAN Radisson Hotel

Bloomfield Hills

150

Concord

90

Concord

92

Trenton

197

NEW YORK Homewood Suites by Hilton

Ithaca

91

OKLAHOMA Residence Inn by Marriott

Norman

126

PENNSYLVANIA Residence Inn by Marriott

Conshohocken

137

RHODE ISLAND Courtyard by Marriott

Warwick

92

Locations 9 States

Rooms 3,546

FLORIDA Courtyard by Marriott

NEW HAMPSHIRE Courtyard by Marriott & Grappone Conference Center *Residence Inn by Marriott NEW JERSEY Trenton Marriott of Lafayette Yard

TOTAL Properties 26

* Under construction **Under development


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HOMEWOOD SUITES BY HILTON LOCATION:

Ithaca, New York

OPENING DATE:

May, 2007

OWNED BY:

Ithaca Suites, LLC

MANAGED BY:

Waterford Hotel Group, Inc.

Developer of a 91-room extended stay hotel, the first all-suite hotel in Ithaca, NY. In July 2006, developers completed site demolition in preparation to break ground on the new Homewood Suites Ithaca, tearing down a former Cinema 4 to make room for the new construction. The hotel opened its doors 10 months later. Located in the Village of Lansing, New York, the $13M Homewood Suites by Hilton Ithaca is the first allsuite extended stay hotel in the city. The three-story hotel features: D91-guest suites, including 2 two-bedroom Suites DIndoor pool DFitness room DBreakfast Buffet

Located in the heart of the Fingerlakes Region, Homewood Suites Ithaca is conveniently situated near many local tourist attractions, including many shopping areas and the Cayuga Wine Trail. The hotel is also in close proximity to Cornell University, Ithaca College, and many major businesses.


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LOCATION:

Lincoln, Rhode Island

PURCHASED:

2005

OWNED AND OPERATED BY:

BLB Investors

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TWIN RIVER

Purchase and multi-million renovation and expansion of a gaming and entertainment destination.

Formerly known as Lincoln Park, Twin River is the region’s newest and largest gaming and entertainment facility. Named in honor of its location between the Providence and Blackstone rivers, Twin River encompasses 160,000 square feet of new gaming space. The facility has doubled in size to 500,000 square feet with 4,752 slot machines in addition to the existing greyhound racing and simulcast. Complementing its 320-seat interactive buffet, Twin Hearth Buffet, Twin River opened several food and beverage choices, including: DFado, a 380-seat Irish Pub DFred & Steve’s, a steakhouse and sports bar DJohnny Rockets DBlackstone's Martini and Cigar bar DBiscotti Bakery DHaagen-Dazs Ice Cream DDunkin Donuts

In the middle of the gaming area is a beautifully appointed bar that features a two-story lighthouse. The facility also features The Catch A Rising Star Comedy Club, moved to its new location adjacent to the steakhouse. Twin River’s expansion also includes the Twin River Event Center, a 29,000 square foot arena for concerts, exhibits, conferences, sporting and charitable events. BLB Investors, LLC, a Connecticut-based company, is comprised of three of the world's most accomplished leisure and gaming operators, developers and managers. The group includes Kerzner International Limited, Starwood Capital Group Global, LLC and Waterford Group, LLC. In July 2005, BLB acquired the U.S. holdings of Wembley USA, located in Rhode Island and Colorado - Twin River in Rhode Island, and Arapahoe Park, Mile High Greyhound Park, Havana Park, Post Time Greyhound Park and Pueblo Greyhound Park in Colorado.


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MARRIOTT HARTFORD DOWNTOWN LOCATION:

Hartford, Connecticut

OPENING DATE:

August, 2005

OWNED BY:

Adriaen’s Landing Hotel, L.L.C.

MANAGED BY:

Waterford Hotel Group, Inc.

Developer of a 409-guestroom, full-service hotel, spa, and top quality hotel meeting facilities Rising 22-stories over the Connecticut River, the Marriott Hartford Downtown combines the scale and beauty of a traditional grand hotel with today's contemporary amenities. As the anchor hotel of the Connecticut Convention Center, the Marriott Hartford Downtown provides a wide range of full-service hotel amenities, including: D13,500 square feet of meeting and banquet space DLuxurious guest rooms and suites DRooftop indoor pool DExercise facilities and a health spa

Ideally located within the city, the Marriott Hartford Downtown also offers distinctive food and beverage options. Vivo, a grand trattoria featuring an Italian wine bar and Milano market expo kitchen, and Crush, a sophisticated, 1,500 square-foot contemporary lounge are located on the hotel’s premises. A full-size Starbucks is also located adjacent the hotel’s lobby lounge. As master developer, Waterford worked with a myriad of firms to design each of the project's components. Brennan Beer Gorman / Architects, a firm headquartered in New York, was Master Planner and architect and designer of the Marriott Hartford Downtown.


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CONNECTICUT CONVENTION CENTER LOCATION:

Hartford, Connecticut

OPENING DATE:

June 2005

OWNED BY:

State of Connecticut

MANAGED BY:

Waterford Venue Services

Developer of a 540,000 square foot convention center and the region's first premier meeting facility The $271 million Connecticut Convention Center is the largest component of the 30-acre Adriaen’s Landing project in downtown Hartford, opening four years and two days after ground was broken. Already a prominent visual presence in Hartford, the Connecticut Convention Center’s 110-foot glass atrium rises ten stories above a grand public plaza and tree-lined riverfront esplanade, creating a facility unrivaled in southern New England. Features of this top-notch venue include: D540,000 gross square feet DOver 140,000 square feet of exhibition space D25,000 square feet of meeting space D40,000 square foot ballroom

The facility is served by more than 6,500 local area hotel rooms, in addition to the 409-room Hartford Marriott Downtown adjacent to the Convention Center. The center's location could not be more convenient for business clients across the country. Four major highways, the Amtrak rail service, and Bradley International Airport all converge nearby, allowing the Connecticut Convention Center to be the first premier meeting destination between Boston and New York. As master developer, Waterford worked with the Atlanta based firm Thompson, Ventulett, Stainback & Associates (TVS) as the Architect and Designer of the Connecticut Convention Center.


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HILTON HARTFORD LOCATION:

Hartford, Connecticut

OPENING DATE:

March, 2005

OWNED BY:

315 Trumbull Street Associates, L.L.C.

MANAGED BY:

Waterford Hotel Group, Inc.

Developer of a 393-guest room, full-service hotel, and top quality hotel meeting facilities With a $33 million investment, what formerly was a hotel described by some as outdated and stagnant, is now a state-of-the-art, luxury hotel with all the benefits and convenience of a downtown location that will attract both business, convention and leisure travelers. The hotel now features 393 guestrooms and suites, high-speed Internet access, movies and video games on demand, as well as a coffee maker, iron and ironing board, hair dryer, and twoline phones with private voicemail. Other features of the full-service hotel include: DRemodeled living-room style lobby DWireless internet access in all public spaces DElement 315 lounge / bar DLobby coffee bar featuring Starbucks DIndoor swimming pool & fitness center DM&M Restaurant For meeting planners, the Hilton Hartford provides approximately 15,000 square feet of completely new flexible meeting and banquet space that features state-of-the-art audiovisual equipment, wireless Internet access and innovative lighting. As master developer, Waterford worked with such firms as architect William Tabler & Associates and interior designer The Gettys Group to execute the transformation of the hotel.


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RADISSON HOTEL LOCATION:

Bloomfield Hills, MI

OPENING DATE:

July, 2003

OWNED BY:

Slavik, Inc. & Waterford Group

MANAGED BY:

Waterford Hotel Group, Inc.

Developer of a 150 guestroom, boutique hotel after a comprehensive renovation project After an $8 million hotel renovation, the Radisson Hotel Bloomfield Hills, MI was transformed into a stylish, inviting and new property. The 39-year-old hotel maintained an intimate, warm and sophisticated boutique atmosphere, the hotel was re-designed to reflect the history and locale of the community. The simple, yet sophisticated contemporary atmosphere of the hotel preserves the hotel's distinctive charm, and boasts exceptional custom design furnishings. Hotel amenities include: DComplimentary High-Speed Internet DIndoor Heated Pool and Fitness Center D12,000 square feet of meeting space DGrand Ballroom featuring a bi-level floor for diversified styles of seating The $25 million hotel marked the 450th hotel milestone for Radisson Hotels Worldwide. Located in an upscale suburb of Detroit, the Radisson Bloomfield Hills is home to the 4 star Northern Lakes Seafood Company Restaurant, as well as the New York style Deli Unique.


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LOCATION:

Warwick, Rhode Island

OPENING DATE:

June, 2003

OWNED BY:

Warwick Lodgings, L.L.C.

MANAGED BY:

Waterford Hotel Group, Inc.

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COURTYARD BY MARRIOTT

Developer of a 92- guestroom, select service hotel facility The 92-room Courtyard by Marriott Warwick was developed in a location near the T.F. Green Airport in Warwick, RI, close to a number of corporate and leisure demand generators. With its easy access to Interstate 95 and complimentary shuttle transportation to the airport, the Courtyard has proven to be a leader in both occupancy and rate in the Warwick area. The Courtyard by Marriott currently boasts: DHighest ADR and Occupancy in the airport competitive set DA rank in the top 10% of Courtyard brand for Guest Overall Satisfaction DTop scores in multiple Franchise Quality Assurance Inspections

The Courtyard design's ability to attract both business and leisure travelers paired with a rigorous revenue management strategy and a tenacious sales effort has enabled this property to claim the leadership position in the market place. Additional amenities of the Warwick hotel include high speed internet access, a business center, a 24 hour Market Place, an indoor pool and spa, a complete fitness center, mini-fridges in all guest rooms, and Marriott reward points.


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RESIDENCE INN BY MARRIOTT LOCATION:

Southington, Connecticut

OPENING DATE:

July, 2002

OWNED BY:

Southington Suites, L.L.C.

MANAGED BY:

Waterford Hotel Group, Inc.

Developer of a 94-suite, extended stay hotel, with a Dunkin Donuts location adjacent to the property The Residence Inn by Marriott Southington is currently the only extended stay property in Southington, CT. One of the on-going goals of the hotel is to be the number one extended stay facility in the market place. This will be judged by many factors including occupancy levels, ESOCC (extended stay occupancy) levels, ADR levels, total revenue, and guest service. The four-story hotel features: D94-guest suites, each containing a fullyequipped kitchen. DPool and Jacuzzi DBasketball court and exercise room DTwo meeting/conference rooms

The Residence Inn Southington has been successful in capturing business from the hotels within its competitive set, and will continue to target these competitors as it continues to build its occupancy and client base. Complimentary services include HBO, high speed internet access, First Nighter Basket (coffee, tea & popcorn), van service, and continental breakfast.


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MYSTIC MARRIOTT HOTEL & SPA LOCATION:

Groton, Connecticut

OPENING DATE:

June, 2001

OWNED BY:

Exit 88 Hotel, L.L.C.

MANAGED BY:

Waterford Hotel Group, Inc.

Developer of a 285 guestroom, full-service hotel, 10,000 square foot spa, and regional conference center Situated in the developing Mystic Executive Park and virtually surrounded by protected wetlands, the Mystic Marriott Hotel and Spa is the first full-service hotel to be built in Connecticut in more than a decade, and the largest hotel in the New London/Groton/Mystic area. Providing a full complement of high quality facilities, the sixstory hotel features 285 guest rooms (including 6 suites), and 20,000-square-feet of meeting space, including: D9,000 square foot Grand Ballroom D4,500 square foot Ballroom D7 Conference rooms D5,000 square feet of pre-function space

The Mystic Marriott was also recently awarded the status as a AAA four-diamond hotel. The 10,000 square foot Elizabeth Arden Red Door Spa features a swimming pool, Jacuzzi, sauna and whirlpool, a fitness center, 12 treatment and massage rooms, a relaxation area, retail outlet, and locker facilities.


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MOHEGAN SUN CASINO LOCATION:

Uncasville, Connecticut

OPENING DATE:

Phase I - 1996 Phase II - 2001

OWNED BY:

Mohegan Tribe of Indians

MANAGED BY:

Mohegan Tribe of Indians

Developer of Phase I & II of a 600,000 square foot gaming and entertainment facility, casino hotel, retail, convention facilities and arena Waterford, through an affiliated entity of Waterford Gaming (Trading Cove Associates), developed Phase I of the Mohegan Sun Casino, a 600,000 square foot gaming and entertainment facility. Some of the elements included in this $303.0 million dollar phase of development are: DOver 176,500 square feet of gaming space with over 3,000 slot machines DFull-service racebook facility D3-specialty restaurants and 4 additional food outlets. DNightly entertainment and retail shopping facilities

Waterford also recently finished the development of Phase II of the casino, where the budget for this phase totaled in excess of $1.0 billion. Developments in Phase II included: D1,200-room hotel DSecond casino D300,000 square feet of specialty retail and con vention facilities D10,000-seat arena located between the sky and earth casinos The crown jewel and focal point of Phase II is a 34-story, 1,200room hotel. The hotel has a mix of luxury accommodations, including 2-royal suites, 7-presidential suites, 12-executive suites, 5-hospitality suites, and 120-junior suites. The hotel has a world-class spa, a grand ballroom, and is connected to the sky casino.


Waterford Group