Shaner Hotels Announces Opening of 98-Room Fairfield Inn & Suites Dayton

DAYTON, Ohio–(BUSINESS WIRE)–Officials of Shaner Hotels, an award winning, international hotel owner,
operator and developer, today announced the opening of the 98-room
Fairfield Inn Suites Dayton in Ohio. Shaner operates and co-owns the
select-service hotel in conjunction with Crawford Hoying, a
full-service, multi-class real estate company, marking their third joint
venture project together with a fourth Ohio hotel in the planning
stages. The hotel is the second Fairfield Inn Suites Shaner has opened
in the past two months and the third Marriot-flagged hotel it has opened
this year.

“We continue to seek out joint venture opportunities with high caliber
partners such as Crawford Hoying as we aggressively pursue various
acquisition, development and third-party management opportunities with
well regarded brands in markets with high barriers to new entry and
multiple demand generators,” said Plato Ghinos, president, Shaner
Hotels. “The Fairfield Inn Suites Dayton marks our fourth Ohio hotel,
which creates certain economies of scale and the ability to share best
practices that ultimately result in a better guest experience and more
robust bottom lines.”

Located at 305 East Monument Ave., the six-story high-rise hotel is
located between Fifth Third Field, home of the Class A minor league
Dayton Dragons, and the beautifully landscaped Riverscape Metro Park,
filled with well-manicured gardens, hanging flower pots and reflecting
pools. Additional area attractions include the Dayton Art Institute, the
University of Dayton and the Dayton Aviation Heritage National
Historical Park, as well as the headquarters of companies including
CareSource, Premier Health and Stratacache. Hotel guest rooms feature a
mini-refrigerator, microwave and smart TVs. Hotel amenities include a
state-of-the-art fitness center, on-site laundry facilities, business
center and complimentary WIFI throughout the property. Dining options
comprise a daily, complimentary breakfast, lobby bar featuring light
fare and The Market, which features snacks, drinks and sundry items.

“This is the first new hotel to enter the downtown Dayton market in more
than two decades,” said Brent Crawford, president, Crawford Hoying.
“Downtown Dayton is undergoing a revitalization process, with a number
of new corporate, entertainment and retail entities creating a thriving
community for visitors and locals. The new Fairfield Inn Suites Dayton
is helping to transform the previously vacant riverfront area, and other
groups are following suit quickly as local excitement and increased
tourism are climbing. Fairfield Inn Suites is the ideal brand for
business and leisure travelers to the area seeking upper midscale
lodging with the high service standards and amenities one can expect
from all Marriott hotels.”

About Crawford Hoying

Ohio-based Crawford Hoying is a full-service, multi-class real estate
company specializing in development, brokerage and operations. To learn
more about the company, please visit http://www.crawfordhoying.com/.

About Shaner Hotels

Headquartered in State College, Pa., Shaner Hotels is one of the
foremost owner-operator companies in the hospitality industry with more
than $1 billion invested in 50 hotel properties owned and managed across
the U.S., Italy and the Bahamas. Over the past 40 years, the company
also has been engaged in both new development and redevelopment of more
than 80 hotel projects with leading brand affiliations such as Marriott
International, Hilton Hotels Resorts, InterContinental Hotels and
Choice Hotels. New properties are constantly evaluated as Shaner Hotels
continues a conservative yet opportunistic approach to growth. For more
information about the company and its divisions visit www.shanercorp.com.

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