MCR Development LLC Donates 5% of All Room Revenue to Haiti Relief Efforts

    NEW YORK, NY, January 22, 2010 /24-7PressRelease/ -- MCR Development LLC, owner and operator of the Value Place Madison and Value Place Huntsville have pledged 5% of all its room revenue from across its properties nationwide this week to aid The American Red Cross in its disaster relief and recovery efforts in Haiti.

"This is an unspeakable tragedy for the Haitian people and, as a company we want to support efforts to assist Haiti during this time of crisis," says Tyler Morse, CEO of MCR Development LLC.

A donation will be made to the American Red Cross at the end of this week.

MCR Development LLC is a real estate private equity fund focused on investment in and development of hospitality and hospitality-related properties. Our management team leads our endeavors armed with a collective fifty years of experience in the hospitality sector, including leadership positions at such industry standard-makers as Starwood Hotels & Resorts, RFS Hotel Investors, Bristol Hotels, Beverly Healthcare, Great Wolf Resorts, Innkeepers Trust USA and FelCor Lodging Trust. With offices in New York, Texas and Oklahoma, we have the access and exposure to uncover, target and pursue investment opportunities across the country. We currently own and operate hotels in five states. Please contact us at our New York City offices for further information. Melissa Gannon, 212-277-5670 or email [email protected]

Contact: Chris Korinek
Telephone: 817-320-8601
Email: [email protected]

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