ATLANTA, Sept. 18, 2018 /PRNewswire/ -- Davidson Hotels & Resorts, one of the nation's premier management companies in the lodging industry, is proud to announce its 15th university-oriented property, with the addition of the Sheraton Philadelphia University City Hotel, owned by the University of Pennsylvania, one of the one of the world's leading teaching and research institutions, to its diverse nationwide portfolio.
"Davidson is honored to manage a property owned by an institution as esteemed as Penn," said Steve Margol, chief investment officer of Davidson Hotels & Resorts. "We were selected by the University because of our unrivaled experience managing properties on or near renowned university campuses throughout the country; our innovative approach to developing, renovating, and repositioning hotels; and our proven success of delivering outstanding performance."
Situated in the heart of it all, the Sheraton Philadelphia University City Hotel is located within walking distance of Penn's campus and its medical complex as well as the Children's Hospital of Philadelphia (CHOP). Adding to the convenience of its location, the hotel's proximity to the vibrant West Philadelphia retail area makes it ideal for both the business and leisure traveler. The property features 332 rooms and suites, a newly renovated lobby and venue space with over 10,500 sq. ft. of meeting and event rooms, a 24-hour fitness center, and an outdoor seasonal swimming pool. Adjacent to the pool is The Club Lounge, a relaxing, upscale concierge lounge on the 20th floor with skyline views of the University of Pennsylvania. The hotel also features banquet and catering services and the Sang Kee Noodle House, a Philadelphia favorite with two other popular locations in the city, also provides a convenient dining venue for guests.
"We look forward to implementing Davidson's programs and best practices to deliver the industry leading results we're known for," said Thom Geshay, chief operating officer for Davidson Hotels & Resorts. Davidson boasts over 15 consecutive years of positive market share growth in its portfolio, with many hotels leading some of the most competitive markets in the U.S. Best in class Business Intelligence tools allow our hotel teams, made up of some of the most talented hospitality professionals in the market today, to make timely, data-informed decisions," said Geshay.
Davidson Hotels & Resorts, and its lifestyle and luxury operating division, Pivot Hotels & Resorts, is one of the industry's preeminent hotel operators, specializing in branded and lifestyle full-service and upscale urban select-service hotels. For more information on Davidson Hotels & Resorts and Pivot Hotels & Resorts, visit www.DavidsonHotels.com or www.PivotHotels.com.
About Davidson Hotels & Resorts
Davidson Hotels & Resorts is an award-winning, full-service hotel management company providing management, development/renovation, acquisition, consulting and accounting expertise for the hospitality industry. Amassing one of the purest full-service hotel portfolios in the industry, Davidson, along with its lifestyle and luxury operating division, Pivot Hotels & Resorts, specializes in independent and branded assets in the upper-upscale to near-luxury segments including 45 hotels, over 13,000 rooms and over 1.5 million square feet of meeting space across the United States. A trusted partner and preferred operator of Marriott, Hilton and Hyatt, Davidson delivers hospitality and creates value for owners with every single hotel. More information can be found at www.davidsonhotels.com.
About the University of Pennsylvania
The University of Pennsylvania is an Ivy League institution with 12 undergraduate, graduate and professional schools in Philadelphia, serving a diverse community of more than 20,000 students from around the world. Ranked consistently among the top 10 universities in the nation, Penn has a longstanding reputation for excellence.
SOURCE Davidson Hotels & Resorts