MHI Hospitality Corporation · Williamsburg, VA United States ·(NASDAQ (GM): MDH)
Company Description
Phone: 757-229-5648
Fax: 757-564-8801
View MHI Hospitality Corporation Locations On A US Map
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This link will open in a new window MHI Hospitality owns seven full-service hotels operating under the Hilton , Holiday Inn, Sheraton, and Crowne Plaza brands in the mid-Atlantic and southeastern US. The company also holds a minority stake in another hotel, has two under development, and owns leasehold interests in common areas of the Shell Island Resort in Wilmington, North Carolina. MHI Hotel Services, which spun off MHI Hospitality in 2004, manages the REIT's properties. Executive officers and board members of MHI Hospitality collectively own more than a quarter of the company. To read the full description, subscribe now.
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Key MHI Hospitality Corporation Financials
| Company Type | Public - NASDAQ (GM): MDH Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $70.8 |
| 2008 Employees | 12 |
MHI Hospitality Corporation Executives
13 executives listed for MHI Hospitality Corporation's Williamsburg, VA location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Andrew Sims | Network |
| EVP and COO | David Folsom | Network |
| EVP, CFO, Corporate Secretary, and Treasurer | William Zaiser | Network |
Competition
Competitive Landscape for MHI Hospitality Corporation
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top MHI Hospitality Corporation Competitors
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