Holman Hotel Project Could Have Brought $1.5 Million A Year In Revenue

PACIFIC GROVE, Calif. -- Pacific Grove voters struck down Measure F that would have allowed the Holman Hotel project to move forward. Fifty-nine percent voted against it, while only 41 percent voted in favor of it.

"That's been a long-term dream of the community is to have a very upscale, boutique hotel," said Tom Frutchey, city manager for Pacific Grove.

But when Measure F finally got on the ballot to build the hotel just behind the Holman Building in the downtown area, voters struck it down.

"Not because I don't want a hotel or any other kind of development, but this plan was too large for the scale of the community, in my opinion," said Sarah McCandliss of Pacific Grove.

Frutchey said the city not only wouldn't have to pay a dime, but the project could bring in about $1.5 million and a year in revenue, money the city needs.
Based on last year's fiscal forecast, the city could be looking at a $300,000 deficit if it doesn't act fast.

Frutchey said while the project could have helped the deficit, it needs to be the right project in order for the city to move forward.

"It needs to be a project that's not only of benefit to the community in terms of providing services, but fits in with the community," he said.

For now, Frutchey said there aren't yet discussions to move forward with building the hotel.

"It's important for us to go back and really think through those concerns, what we've learned, and see if there's something else for that site, which has been zoned for a hotel," he said.

Developer Drake Leddy" posted this message on Facebook: "In watching the early returns for Measure F, it appears that the measure is headed for defeat. I do sincerely want to take this opportunity to thank the many residents who came forward to learn about Measure F and our proposal to build a special hotel in your city. It has been a long and interesting road that brings us to this juncture. While it appears that I most likely have misread the needs and aspirations of the Pacific Grove community, my visits to the Peninsula have opened up many encouraging possibilities for future ventures. I have nothing but the highest regard for the City of Pacific Grove and particularly the City Staff who have been most kind and generous with their time."

New revenue for the city means better streets, sidewalks, lights, schools, library, services and other infrastructure.

Approximately 160 new jobs mean new economic security for workers and families.

New visitors mean increased prosperity for local companies and businesses.


Pacific Grove's Future

Dear Residents of Pacific Grove,

While Measure F, has been defeated. I do sincerely want to take this opportunity to thank the many residents who came forward to learn about Measure F and our proposal to build a special hotel in your city. It has been a long and interesting road that brings us to this juncture. While it appears that I most likely have misread the needs and aspirations of the Pacific Grove community, my visits to the Peninsula have opened up many encouraging possibilities for future ventures. I have nothing but the highest regard for the City of Pacific Grove and particularly the City Staff who have been most kind and generous with their time.

Best regards,

Drake Leddy

Drake Leddy

Presidian in the News

Hilton President Earns Prestigious AAA Four Diamond Rating
WLOX Channel 13

August 7, 2012 - The Hilton President Hotel in Kansas City
Earns The Prestigious AAA ‘Four Diamond’ Rating

San Antonio, Texas – August 7, 2012 (Business Wire) – Presidian Hotels & Resorts today announced that for the Fourth year in a row, its Hilton President Kansas City has been awarded the AAA Four Diamond rating.  This rating is given following extensive review and evaluation by AAA inspectors. The criteria stated by AAA for a Four Diamond rating identifies the property as "refined and stylish with upscale physical attributes.” Other criteria include "an extensive array of amenities, combined with a high degree of hospitality, service and attention to detail.”

Philip Strnad, General Manager, commented, "we are very proud of our hospitality professionals that year after year deliver our Four Diamond service, it is an honor for all of us to work in this historic treasure.”

The Hilton President was first open in 1926 and quickly became a Kansas City landmark. It re-opened in January 2006 following a $45 million restoration performed to exacting specifications and maintains its listing in the National Register of Historic Places. Today, it is again an elegant landmark in the heart of the booming Kansas City renaissance.  It is the only hotel in the Power & Light Entertainment District, and is steps away from Sprint Center, Midland Theater and AMC movie complex.

The Hilton President Kansas City is managed by San Antonio’s based Presidian Hotels & Resorts. Mark Kucera, President & COO, commented, "Consistently delivering ‘Exceptional’ Service and a ‘First Class’ Hotel is reflective of the uncompromising commitment of the team at the President Hotel!” "Elegance and taste, caring, proficient and enthusiastic service, plus a premiere location in the heart of the Power & Light Entertainment District are just some of the key elements that make the Hilton President a true contemporary landmark in Kansas City.” stated Sergio Cardenas, Corporate Director of Sales & Marketing.

"I am excited for the President Hotel to be held out as one of the finest hotels in Kansas City and the Midwest.” Said Ron D. Jury, the Managing Member of the ownership group, "As the First business to open in the Entertainment District we are the axle of the wheel of Downtown’s revitalization.  With the exciting Sprint Center, Power & Light Entertainment District, H&R Block World Headquarters, and the Kaufman Performing Art Center, we are at the Center of all downtown entertainment and business district.  Presidian Management and the Hotel staff do an excellent job and make me very proud as the managing member of the ownership, President Hotel, LC.”

About Presidian: Presidian owns, operates and develops upscale hotel properties and residential projects in six states, and represents flags under the Marriott, Starwood and Hilton family of brands. The quality of the portfolio has been nationally recognized by the companies they represent, and by the portfolio performance in the markets they cover. For more information on Presidian, visit www.presidian.com

About Hilton: With more than 500 hotels & resorts in 76 countries around the world and plans to serve 78 countries by the end of 2011, Hilton continues to build on its legacy of industry pioneer, developing products, services and amenities that offer today’s travelers more choice and control over their stays.  From Hilton Fitness by Precor™ to its Serenity Collection® of in-room amenities to Hilton Meetings, a premier global product for small meetings, Hilton’s offerings are designed to enable guests to be at their personal best whether they travel for business or pleasure. Visit us at www.hilton.com
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2012 Presidian Midyear Update

July 24, 2012 - Dear Friends,
 
After a very strong 2011, we are delighted to see that the key performance indicators continue to climb for the first two quarters of the year. During this period, and compared to prior year, our hotel portfolio grew in total room revenue by 9%, while our competitors grew only by 5.3%, resulting in a net RevPAR index of 129.8. In addition, during the same period, the portfolio's GOP has grown at a pace of 11.5%.
 
While these are very exciting results, at Presidian, we've reached other benchmarks so far this year that are worth celebrating as well. In Kansas City, the "Four Diamond" Hilton President earned its "Outstanding" rating for the seventh consecutive time during its annual Hilton Hotels & Resorts' QA consult. In Dallas, our Doubletree Club Hotel - Dallas was re-branded as a Doubletree Hotel in February, reflecting more accurately the quality and scope of its services. In Austin and Houston/Sugar Land, the Homewood Suites - Austin and the Hilton Garden Inn - Sugar Land realized revenue record months during March and April; and in Leawood, our Aloft team earned the coveted "Sales Team of the Year" award from Starwood Hotels & Resorts.
 
We are delighted for the accomplishments so far this year, and embrace a bright outlook for the second half of the year. We are proud of the extraordinary group of hospitality professionals whom make this possible and maintain Presidian Hotels & Resorts as a premiere Hotel Management Company.
 
In the spirit of hospitality,

Mark J Kucera
Mark J. Kucera, CHA
President & COO 

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Hilton President Kansas City is Named in the U.S. News & World Report’s Best Hotels in the USA

January 31, 2012 - The Hilton President in Kansas City has earned recognition as one of the 2012 Best Hotels in the USA by U.S. News & World Report. The 2012 Best Hotels rankings recognize hotels with a record of high customer satisfaction and an exceptional reputation among published travel experts.

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