ADAM'S MARK
(Redirected from Adam\'s Mark Hotel)
'Adam's Mark' is a chain of five upscale hotels in the United States. The chain was founded in the early 1970s by Fred Kummer and the chain is currently owned by HBE, Inc., which was also founded by Kummer. While once numbering nearly 30 large hotels, because of financial difficulties and changing corporate strategies, the chain has already sold off most of its properties. The remaining five hotels in the chain are being sold to Oxford Lodging Advisory & Investment Group LLC in a transaction that is expected to complete by August 31, 2007. Following the sale to Oxford Lodging, at least two of the hotels (Denver and Dallas) are scheduled to be reflagged with Starwood's Sheraton brand.
The chain suffered greatly from a racial discrimination suit brought against them by the NAACP in 1999. The NAACP filed the suit on behalf of guests who attended the Black College Reunion in Florida in 1999. It alleged that Adam's Mark required guests to wear identification wristbands and were required to pay in advance. The suit, and subsequent 17-month boycott of the chain called by the NAACP, was settled out of court for $2 million (US). The company's relationship with African-American organizations has since improved, and in 2006, Adam's Mark had the top score of any hotel company on the NAACP's annual report card.
In 2003, the Memphis Adam's Mark was sold to Dallas-based Crow Holdings, manager of the real estate holdings of the Trammell Crow family. The hotel has undergone a US $12 million renovation and has reopened as a Hilton as of 2004.
In November 2004, the Philadelphia Adam's Mark (originally opened in 1965 as a Holiday Inn) was sold to the Target Corporation, forcing dozens out of work and closing the 23-story building down for good to make way for a new Target store building. Most demolition has finished, with all buildings and convention areas other than the main tower destroyed, and the main tower gutted as of May 7, 2006. On July 11, 2006, an unexpected collapse on the north side of the main tower trapped a construction worker helping to tear the building down.
The Adam's Mark in Charlotte has been sold to the Chetrit Group and has closed its doors. At least one of the towers will reopen in 2006 as the Blake, a boutique hotel. As of December, 2005, the chain has dwindled to just five properties — St. Louis, Indianapolis, Buffalo, Dallas and Denver.
In July 2006, the Adam's Mark in Dallas completed a $30 million renovation and opened the Tower Royale, a luxury 500 room hotel within a hotel.
Adam's Mark Complex in Dallas, Texas.
★ Adam's Mark Hotels & Resorts
★ Adam's Mark Philadelphia Deconstruction - Pictures taken of the Philadelphia Adam's Mark in the process of being torn down.
★ Injury Video - Local CBS video footage of the aftermath of the Philadelphia Adam's Mark accident, and the state of the deconstruction as of July 11, 2006.
'Adam's Mark' is a chain of five upscale hotels in the United States. The chain was founded in the early 1970s by Fred Kummer and the chain is currently owned by HBE, Inc., which was also founded by Kummer. While once numbering nearly 30 large hotels, because of financial difficulties and changing corporate strategies, the chain has already sold off most of its properties. The remaining five hotels in the chain are being sold to Oxford Lodging Advisory & Investment Group LLC in a transaction that is expected to complete by August 31, 2007. Following the sale to Oxford Lodging, at least two of the hotels (Denver and Dallas) are scheduled to be reflagged with Starwood's Sheraton brand.
| Contents |
| History |
| See also |
| External links |
History
The chain suffered greatly from a racial discrimination suit brought against them by the NAACP in 1999. The NAACP filed the suit on behalf of guests who attended the Black College Reunion in Florida in 1999. It alleged that Adam's Mark required guests to wear identification wristbands and were required to pay in advance. The suit, and subsequent 17-month boycott of the chain called by the NAACP, was settled out of court for $2 million (US). The company's relationship with African-American organizations has since improved, and in 2006, Adam's Mark had the top score of any hotel company on the NAACP's annual report card.
In 2003, the Memphis Adam's Mark was sold to Dallas-based Crow Holdings, manager of the real estate holdings of the Trammell Crow family. The hotel has undergone a US $12 million renovation and has reopened as a Hilton as of 2004.
In November 2004, the Philadelphia Adam's Mark (originally opened in 1965 as a Holiday Inn) was sold to the Target Corporation, forcing dozens out of work and closing the 23-story building down for good to make way for a new Target store building. Most demolition has finished, with all buildings and convention areas other than the main tower destroyed, and the main tower gutted as of May 7, 2006. On July 11, 2006, an unexpected collapse on the north side of the main tower trapped a construction worker helping to tear the building down.
The Adam's Mark in Charlotte has been sold to the Chetrit Group and has closed its doors. At least one of the towers will reopen in 2006 as the Blake, a boutique hotel. As of December, 2005, the chain has dwindled to just five properties — St. Louis, Indianapolis, Buffalo, Dallas and Denver.
In July 2006, the Adam's Mark in Dallas completed a $30 million renovation and opened the Tower Royale, a luxury 500 room hotel within a hotel.
See also
Adam's Mark Complex in Dallas, Texas.
External links
★ Adam's Mark Hotels & Resorts
★ Adam's Mark Philadelphia Deconstruction - Pictures taken of the Philadelphia Adam's Mark in the process of being torn down.
★ Injury Video - Local CBS video footage of the aftermath of the Philadelphia Adam's Mark accident, and the state of the deconstruction as of July 11, 2006.
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