Three El Paso Hotels Under New Management by Colorado Springs Company

Elevation Hotel Management of Colorado Springs assumes previous TVO Hotels in El Paso.
EL PASO, TEXAS - Colorado-based Elevation Hotel Management has taken over the management of three hotels in El Paso from TVO North America, an El Paso company hit by allegations of theft and fraud. "Our firm has been active in El Paso for almost a decade, and we're proud to integrate management of these properties and expand our presence in El Paso," said Clem Borkowski, a managing partner of private equity firm ASI Capital of Colorado Springs, Colorado.

In December, Elevation Hotel Management, a subsidiary of ASI Capital, assumed management of the Holiday Inn on Sunland Park Drive, Hilton Garden Inn near UTEP and the Courtyard by Marriott hotel near the airport. According to the company, the deal includes the transfer of 170 employees, and Elevation says it has retained "key local personnel to provide oversight and establish the management company to grow its portfolio locally and in surrounding markets." Click on below path to visit the complete post:- https://clementborkowski.wordpress.com/2018/02/02/three-el-paso-hotels-under-new-management-by-colorado-springs-company/