Columbus Hotels, headquartered in Monaco, is a joint venture between PRM and renowned European hotelier, Ken McCulloch. McCulloch founded Malmaison Hotels, which was the first new hotel brand in the UK in 30 years. An immediate success, the hotel group was later sold to what is now Wyndham Hotels. Now McCulloch has launched a new concept in Columbus, with its flagship opening in Monaco in 2001.

The new hotel brand is a more highly designed concept and seen as an alternative to mainstream business hotels. Properties are in architecturally interesting buildings, chosen for location in ready-made markets. Target customers find all the service and amenities they want, and none of the superfluous extras, allowing for a moderate price. Columbus hotels will have full service food and beverage operations and customer-focused facilities.

Expansion of the brand and site acquisition will be opportunity driven, with the city targets clustered by region for a total goal of about 60 hotels.




:: related link: www.columbushotels.com  
................................................................................................................
© 2005. PRM Realty Group





Interested parties may contact:

Office of the Chairman

PRM Realty Group, LLC
150 North Wacker Drive, Suite 1120
Chicago, IL 60606

Telephone: 312-704-0400
Facsimile: 312-704-1744
E-mail:
info@prmrealty.com