The Carroll Companies launches Carroll Hospitality Management
On Monday, November 1, The Carroll Companies announced the addition of Carroll Hospitality to its growing family of companies, which includes The Rhino Times.
Carroll Hospitality will oversee the day-to-day operations of Hyatt Place Greensboro Downtown owned by The Carroll Companies.
Since opening in March 2019, the Hyatt Place has been managed by a third-party management company. Carroll Hospitality took over this management on Monday, November 1.
Carroll Hospitality will retain the majority of employees currently at Hyatt Place, while actively recruiting new employees. For vacancies, please visit thecarrollcompagnies.com/join-our-team/.
Despite the problems caused by the pandemic, the Hyatt Place has hosted more than 82,000 overnight guests since it opened, including those who travel to Greensboro for business meetings, weddings and sporting events.
Madison Carroll Snyder, Chief of Staff and Director of Hotel Operations at The Carroll Companies, said: “Our third-party management company has done a great job both running the hotel and teaching us as new hotel owners. hotel how the industry works. Our decision to self-manage was based entirely on location. We believe we know Greensboro better than a foreign company, and we want to use that expertise to bring this property to its full potential in our hometown.
In 1999 Roy Carroll, president and owner of The Carroll Companies, formed RE Carroll Management to oversee the management of its apartment communities. Today, Carroll manages over $ 4 billion in assets that The Carroll Companies owns without outside partners or equity.
The Hyatt Place is the first hotel developed by The Carroll Companies, but two other hotel projects are underway.
Across the Hyatt Place intersection, Carroll is set to build an AC Hotel by Marriott, with construction scheduled to begin in early 2022, as part of the mixed-use development of Carroll Ballpark South .
The Avenue, a mixed-use project Carroll is developing in Wilmington, North Carolina, will include a Westin hotel with more than 200 rooms, suites, a conference center and spa.
With two hotels already in the works, Carroll is studying the development of three additional hotel projects.