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 amily owned and operated, Urgo Hotels develops, owns and operates distinctive and unique hotels in significant markets which consistently outperform their primary competitors and achieve outstanding financial returns for ownership. Including projects under construction, the company and its affiliates presently own and/or operate 20 hotels with a total of 3,411 rooms in five northeast and mid-Atlantic states, the District of Columbia and the province of Quebec, Canada. Urgo Hotels properties will generate more than $150 million of revenue for owners in 2005.
As hotel developers, investment advisors, and managers, the principals of Urgo Hotels have shown a unique ability to create and arrive at solutions for their clients and partners. Over the years, Urgo Hotels and its predecessor firm - Urgo Butts & Company - have acted as counsel and advisors to a number of institutional, development, and operating clients including, among others, the Marriott Corporation, Hilton International Hotels, Howard Johnson, the Trammel Crow organization, Ted Lerner Enterprises, Americana Hotels and Realty Corporation, Hanover Trust Company, The Bank of New York, The Riggs National Bank of Washington, D.C., Chemical Bank, The Travelers Insurance Company and Merrill Lynch. Airline clients have included Northwest, Pan Am, TWA, Aer Lingus, BWIA and LIAT.
As an integral part of its comprehensive range of hospitality services, Urgo Hotels and its affiliates have achieved outstanding operating results for hotel properties under their management including hotels affiliated with Marriott, Hilton, Sheraton, Radisson and Choice.
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