The Providence Group
The Providence Group Announces Drake Sale
The Providence Group Announces Drake Sale
Duxbury, MA � February 2007 � The Wyndham Drake Hotel in Oak Brook, Ill., is up for sale, according to Jed Heller, CEO of The Providence Group. Heller is acting asset manager of the Wyndham Drake, located near Oak Brook Mall and downtown Chicago.
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The Providence Group Announces Drake Sale�This property has tremendous untapped potential for the right group,� Heller says. �It has a history that is rich in tradition. In some cases, generations of families have celebrated their marriages at this wonderful facility.�

Heller says the owner wants to focus on his core capabilities. �He�s one of the best people I�ve had the pleasure of working with, but his forte is conventional real estate,� says Heller.

�Originally I was brought in as an operational consultant, and I saw opportunities for an owner skilled and experienced in hotel operations and marketing.�

Peter Greene, with CBRE, Chicago, is handling the sale. He can be reached at 312-935-1040.

About The Providence Group
Duxbury, Mass-based The Providence Group (www.providencegrp.com) offers unique services to hotels, timeshare resorts and other hospitality firms. For clients without a general manager, the company provides an interim general manager, while simultaneously working to find a permanent employee for the role. On a long-term basis, The Providence Group will provide specialized consulting and analytical services, covering human resources, food and beverage, yield management, guest service relations and more. Heller was formerly executive vice-president of The March Company, Inc., and president of Premier Hotel Corporation, both of Boston, Mass.
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The Providence GroupFor more information, contact:
Jed C. Heller, President
The Providence Group
One Trout Farm Lane
Duxbury, MA 02332-4609
(781) 582-8785


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Placement Dates: 02/20/07 � 04/20/07
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