New Castle Hotels LLC

Description

New Castle acquired the grand historic Nova Scotian Hotel of Halifax, which had been closed by its prior owner, and renovated, reopened and reflagged it as a Westin. It is one of two New Castle properties to have been recognized as "Best in the World" by "Conde Nast Traveler" magazine.New Castle Hotels & Resorts, a privately owned company founded in 1980, manages distinctive upscale hotels under major national franchises including Marriott, Hilton, Westin and Sheraton brands. Additionally, our hotel management portfolio includes unique independent properties, many of them heritage properties, which are positioned with strong one-of-a-kind identities.Superior Market Performance. With an excellent performance record in the management of over 50 hotels since its inception, New Castle currently manages 21 properties, including projects under development, for third-party owners as well as for partnerships in which it participates as a managing member. New Castle operated properties achieved a combined market share premium of 110% in 2003. We have been recognized as one of the top 10 companies in the United States for its ability to generate REVPAR.

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