Partnership between Olympia Hotel Management and Mountain Shores Properties

Eloise Hanson By Eloise Hanson
12 July 2019 | Updated 12 July 2019

US: Mountain Shore Properties (MSP), recently named Developer of the Year by Hyatt, has partnered with award-winning Olympia Hotel Management (OHM).

The announcement will see OHM, which manages properties in the Northeast and Midwest of America, link forces with South Carolina-based developer, MSP.

"This type of partnership puts us in a great space from New England all the way to Florida," said Stephen Wendell, CEO of Mountain Shore Properties. "It will allow Olympia and MSP to see more development opportunities."

The collaboration has already seen OHM assume management of three MSP hotels: the Hyatt House Mount Pleasant-Midtown, in South Carolina; the Residence Inn Charlottesville Downtown, in Virginia; and the Hampton Inn & Suites Tallahassee Capitol-University, in Florida.

The partnership has led to an ongoing evaluation of projects under Hyatt, Marriott, and Hilton respectively.

John Schultzel, SVP of growth and strategy for Olympia, commented on the partnership: "We have a common DNA and a similar track record for creating award-winning properties, and we share a desire to collaborate in premier select service projects going forward."

OHM won Hyatt's Operating Excellence Award in 2016, and specialises in boutique hotel management and distinctive select-service.

MSP won Hyatt's Developer of the Year in 2019 for recognition of its "excellent construction quality, efficiency, and hotel development in strategic locations."

Together, the new hotel development and management team are actively seeking future projects.

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