615-room Long Island Marriott in Uniondale, NY |
UNIONDALE, NY—Officials of Blue Sky Hospitality (BSHS), one
of the leading and fastest growing hotel owner/operators in the United States,
today announced that the company has acquired the 220-room New Orleans
Marriott Metairie at Lakeway in La., and the 615-room Long Island Marriott in
Uniondale, N.Y.
David Fincannon |
“The hotel cycle is
maturing, which creates growth opportunities for experienced operators and
investors with a contrarian approach to the industry,” said David Fincannon,
COO, BSHS.
“We have accumulated
a substantial portfolio of managed and owned properties in just six months, and
we have a substantial appetite to do more.
"We currently
own and operate all 52 properties in our portfolio and now have the
infrastructure, operating systems and structure to take on third-party
management contracts.
"As we grow, we will pivot to focus predominantly on
operations on behalf of other ownership groups.
“With a C-suite encompassing more than 570 years of hotel
development, ownership and operations experience, we are well positioned to
take advantage of the current market conditions,” Fincannon added.
Naveen Shah |
"Having owned and operated in all phases of the
economic cycle, Blue Sky Hospitality Solutions has direct experience doing just
that, as evidenced by a solid first half of the year and a portfolio that leads
many industry metrics.”
Led by Founder and CEO Naveen Shah, BSHS is rounded out by COO David
Fincannon, Executive Vice-President Ernie Catanzaro and Executive
Vice-President Mark Irgang.
Ernie Catanzaro |
Fincannon also came from Navika, where he served as chief
operating officer. Catanzaro most recently served as head of hospitality
for NY-based Olshan properties, and Irgang was regional vice-president of operations
at Flex Point Hospitality.
Blue Sky Hospitality Solutions is an approved operator with
the world’s leading hotel brands, including Hilton Worldwide, Marriott
International, InterContinental Hotels Group, Choice Hotels, Wyndham Hotels &
Resorts and La Quinta Inn & Suites.
The company’s portfolio covers a variety of segments and
includes a full array of full- and select-service hotels, as well as
extended-stay and all-suite properties throughout the United States.
Located at 3838 N. Causeway Blvd., the New Orleans Marriott Metairie at Lakeway
is situated in the hub of Metairie’s central business district and just a few
miles from Audubon Aquarium of America, New Orleans Botanical Gardens – City
Park and the French Quarter.
Guest rooms are furnished with free Wi-Fi, plush bedding and views of either Lake
Pontchartrain or the New Orleans skyline (in select rooms).
Contact:
PATRICK DALY
OFFICE MANAGER
DALY GRAY PUBLIC RELATIONS, INC.
620 Herndon Parkway, Suite 115 | Herndon, VA 20170
Main: 703-435-6293
Mobile: 703-300-8289
Chris Daly
(703) 435-6293
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