In the highly segmented hotel market that exists today, a company must know its position to successfully distinguish itself from a wide array of competitors. And, it must have a clear, focused vision of its future.
At Cooper Hotels, we know our position in the hospitality industry. With a portfolio of consisting of a couple of dozen hotels and revenues in excess of $100 million, we are a significant player in the lodging industry.
Our hotel products include full-service, all-suite, extended stay and limited service operations. Property locations range from resort to downtown, airport, and suburban locations. Each hotel is strategically located with the ideal product and the perfect hotel brand for its particular market. While mid-priced, full-service hotels will always be the heart of the business, we know what our guests want and offer the products and services they desire. And we deliver tremendous value to our guests.
As a family owned company, our values, our personal relationships and our solid track record of success will enable us to continue to grow and develop the company. We will do this with steady, planned growth and by taking advantage of strategic opportunities.
We will continue to flourish during any economic conditions, as we have for nearly 50 years. By continuing to stay in touch with our customers, emphasizing service and effectively managing our business, we will continue to attain our Mission Statement.
Over half of the Cooper Hotels portfolio consists of the Hilton Family of Hotels including Hilton Hotels, Homewood Suites by Hilton, Doubletree Hotels, Embassy Suites, Hampton Inn & Suites and Hilton Garden Inn. Cooper is recognized by Hilton Hotels Corporation as one of its highest quality franchisees in the southeastern U.S. The Company has the distinction of being the only Hilton franchisee to own and operate all six of the Hilton Family of Hotels major brands. This achievement led to Cooper being named the Hilton Hotels Corporation Developer of the Year.
Diversified hotel interests extend throughout the eastern half of the U.S. in carefully selected, high-demand locations. Hotel management teams exhibit an unyielding commitment to fair and practical management, customer satisfaction and profitable operations. Cooper Hotels has earned a respected reputation among franchisors, financial institutions and vendors.
Outstanding food and beverage operations play a prominent role in the success of all Cooper Hotels. Restaurants include the award-winning Shula's Steak House in the Hilton Naples, named one of the nation's top steak houses and a perennial recipient of the Wine Spectator Magazine Award of Excellence. Most Cooper Hotels feature spacious meeting and banquet facilities, experienced catering departments and professional meeting planners on staff.
The Company engages in a continuing search for new and profitable opportunities for investment, development and service. There is a special entrepreneurial spirit behind the operation and thrust of Cooper Hotels.