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Olympia Hotel Management |
280 Fore Street
Suite 202
Portland, ME 04101 |
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Company Description |
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Olympia Hotel Management was founded more than 30 years ago and has enjoyed disciplined, strategic growth under energetic and passionate leadership. We recognize that our employees are the cornerstone of our success, so staff development and empowerment are important to us. Hotels operated by Olympia consistently outperform competition in service quality, market share and employee retention. Our culture embraces 5 values:- FUN - We use fun to promote positive attitudes in ourselves and our guests.
- PRIDE - We get satisfaction from great performance and achievement.
- CONCERN FOR OTHERS - We show compassion, empathy and respect for people.
- ACCOUNTABILITY - We accept responsibility for our actions and for the actions of our team.
- CONTINUOUS IMPROVEMENT - We constantly seek out ways to improve ourselves and the services we deliver.
Olympia Hotel Management currently operates 12 franchised and independent properties in Maine and Virginia, with 2 new properties opening in New Hampshire in 2006. |
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Why People Like to Work for Us |
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For three decades, Olympia Hotel Management has preserved a track record for maintaining long-term relationships with members of our staff. We achieve this by empowering our management teams to make decisions with their hotels' best interest in mind while maintaining standards of accountability. As a result:- A clear majority of our department heads and managers were developed from entry level positions.
- Decision-making power comes with responsibility. It's a balance our managers respect and enjoy.
- Good performance is consistently rewarded with enhanced responsibility and potential for advancement.
- Managers recruited from other companies traditionally stay with us for a long time.
With two hotels under development and several others in the pipeline, Olympia Hotel Management is comfortably poised for growth over the next several years. It's an exciting time to be a part of our company. |
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Company Statistics |
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| Year founded | 1969 |
| Number of employees | 550 |
| Regional offices in | Portland, Maine
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Property Portfolio |
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| Types of properties we operate |
Hotel, Spa |
| Types of locations |
Airports, Small Cities, Suburban |
| Franchise affiliations | Doubletree, Hilton Garden Inn, Hampton Inn, Holiday Inn, Quality Inn, Days Inn, Inn by the Sea (independent)
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| Properties are located in |
Maine, New Hampshire, Virginia |
- We are owners and operators with equity in 12 properties.
- We operate a total of 14 properties.
- We manage properties for others, with management contracts on 2 properties.
- We are hotel developers currently working on 2 projects.
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Company Characteristics |
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| Capital Allocation | The company annually allocates capital dollars to all 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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Internet Links |
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