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.
|
�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.
|
For
more information, contact:
Jed
C. Heller, President
The
Providence Group
One
Trout Farm Lane
Duxbury,
MA 02332-4609
(781)
582-8785 |