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Cree Development Corporation |
PO Box 70 Marion, IL 62959 |
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Company Description |
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Growing privately owned hotel and restaurant company. We operate limited service hotels in Illinois and Indiana and casual dinnerhouses in Illinois.
We continue to seek sites for new hotel development.
We operate multiple brands and strive to be the top operator in each of our markets. Through high quality new construction and the recruitment of great managers we continue to succeed.
We need energetic managers to grow with us! |
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Company Statistics |
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| Year founded | 1979 |
| Number of employees | 250 |
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Property Portfolio |
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| Types of properties we operate |
Hotel, All Suite |
| Types of locations |
Small Cities, Small Towns |
| Franchise affiliations | Comfort Inn, Comfort Suites, Holiday Inn Express, Baymont Inn
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| Properties are located in |
Illinois, Indiana |
- We are owners and operators with equity in 8 properties.
- We operate a total of 8 properties.
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Company Characteristics |
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| Capital Allocation | The company annually allocates capital dollars to all properties. |
| Accounting | Centralized. |
| Reporting Requirements | We provide properties a reasonable degree of autonomy while providing overall leadership and direction. (Less than 10 hours of reporting requirements per month.) |
- The company is very sound financially.
- We are adding additional properties to the portfolio every year.
- We have a strong track record of promoting people based on performance, results, and willingness to relocate.
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