Towne Park: Record Growth in 2017; Florida Markets Shining

Friday, February 24, 2017 General News
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ANNAPOLIS, Md., Feb. 24, 2017 /PRNewswire/ -- Towne Park announced today that it expects record performance in 2017, driven

largely by organic growth of its leading hospitality services business, including strong expansion in key Florida markets, as it continues to capitalize on the rapid professionalization of the industry and strong demand
for more sophisticated, value-added services. 

"Momentum has accelerated; we are well ahead of last year's pace and our pipeline is outstanding, pointing toward a tremendous 2017," stated Towne Park President and Chief Executive Officer Chuck Heskett. "We added nearly 50 new accounts last year organically in our hospitality business and fully expect to break that record in 2017 as we are approaching 20 new accounts in the first two months of the year."

"Top hospitality organizations today need partners that can manage complexities, quickly scale up services, and provide business intelligence," stated Heskett.  "No one can match our ability to do this; our value proposition is unique."

Towne Park's operations are unrivaled in scale, with over 13,000 employees operating at more than 700 destinations nationwide providing unsurpassed personal care and attention to over 15 million guests every year – all managed by experts and thought leaders from multiple sectors. This translates into a clear qualitative difference: the industry's most sophisticated systems, operations and support.

"We manage complex IT and legal challenges for partners, deploy scalable special operations teams and all-star site leaders on demand, and provide analytics and market forecasts based on our own national data," stated Heskett. "The higher the bar, the more we shine."

Towne Park's accelerating growth in Florida highlights how the firm is leading industry change as top global hospitality brands increasingly seek new, more sophisticated service providers.

Five leading hospitality destinations in Florida have recently selected Towne Park as their partner of choice to help them build better guest experiences and increase operational efficiencies. New hotel partners include the Wyndham Grand Clearwater Beach and the Tampa Marriott Waterside, where Towne Park's market intelligence drove an immediate increase in the profitability of the hotel's parking business.

"These wins validate the marketplace's confidence in our ability to add value and underscore how well positioned we are as the market evolves," stated Heskett. "We look forward to continued success inspiring and delighting the guests of our partners throughout beautiful Florida and the rest of the country."

About Towne Park Towne Park is America's leading hospitality and healthcare services company with over 13,000 employees at more than 700 sites nationwide, including approximately 450 hotels and 300 hospitals. We build better guest experiences, making a difference in the lives of millions of people every year. For nearly 30 years we have been partnering with some of the most respected corporations in the world, including premiere global hospitality brands and state-of-the-art hospitals, offering a broad array of world-class, high-impact services and solutions. See what happens when you extend your brand and add new services that matter. Deeper connections. Greater efficiencies. Made Simple. Towne Park has been honored as a "Best Run Company", a "Best Place to Work" and frequently been named one of "America's Fastest Growing Companies." For more information on Towne Park, please visit our website at www.townepark.com.

For further information contact: Brad Miller – Senior Director, Corporate Communications Tel: 410-295-8058 BMiller@townepark.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/towne-park-record-growth-in-2017-florida-markets-shining-300412967.html

SOURCE Towne Park



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