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Patel Management Corporation |
200 South Richard Street
Bedford, PA 15522 |
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Company Description |
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- Five properties and growing, along the Central and Western Pennsylvania Turnpike corridor.
- All properties beautifully remodeled or new.
- Historic Bedford and Chambersburg.
- PA Turnpike/I-70 Interchanges at Breezewood and New Stanton.
- Hampton, Comfort, Ramada and Quality Inn & Suites
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Company Statistics |
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| Year founded | 1981 |
| Number of employees | 115 |
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Property Portfolio |
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| Types of properties we operate |
Hotel, Extended Stay, Conference Center, Health Club |
| Types of locations |
Small Cities, Small Towns |
| Franchise affiliations | Hampton Inn
Quality Inn and Suites
Ramada Inn
Comfort Inn
Independent
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| Properties are located in |
Pennsylvania |
- We are owners and operators with equity in 5 properties.
- We operate a total of 5 properties.
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Company Characteristics |
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| Capital Allocation | The company annually allocates capital dollars to most properties. |
| Accounting | Partially 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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