LOS ANGELES, Feb. 3, 2010 (GLOBE NEWSWIRE) -- Five Star Parking, headquartered in Los Angeles, California, today announced it was awarded the valet parking operations contract at the Westin Bonaventure Hotel in Downtown Los Angeles.
The Westin Bonaventure Hotel is a 1,354-room hotel making it the largest hotel in Los Angeles. Five Star Parking’s experience and first class operations expertise will support the 24-hour parking operations at Los Angeles’ largest convention hotel. The hotel has over 400 valet spaces, 110,000 square feet of meeting space and a full-service business center.
“We are pleased to add the landmark Westin Bonaventure Hotel & Suites to our client portfolio and look forward to our partnership with one of the largest hotel chains in the country,” said CEO David Damus.
Five Star Parking takes an "ownership" approach to operations designed to maximize revenue, lower overhead and achieve enhanced customer loyalty and service.
Five Star Parking is one of the largest and most successful parking operators in the United States with a proven record of success. Five Star Parking owns, operates, and manages properties from coast to coast with operations in 12 states and experience across the whole spectrum of parking operations, from surface lots to commercial parking structures to major international airports.
About L&R Group of Companies:
L&R, headquartered in Los Angeles, California, is a privately held, well‐capitalized organization that operates five distinct parking divisions: Five Star Parking, WallyPark, Joe’s Auto Parks, System Parking, Inc., and Network Parking.
Five Star Parking is one of the largest and most successful parking operators in the United States with a proven track record of success and experience across the whole spectrum of parking operations. From surface lots to commercial parking structures to major international airports including the single largest parking contract in the United States, where it is responsible for approximately $225 million in annual revenue for the Port of New York and New Jersey. Five Star Parking takes an "ownership" approach to operations designed to maximize revenue, lower overhead and achieve enhanced customer loyalty.
WallyPark is one of the largest national off‐airport parking companies located in five states and provides travelers with a unique level of customer service. Travelers are pampered with a higher level of airport parking services which extends beyond secure, convenient facilities and 24‐hour shuttles to include free amenities, special member programs and exclusive car care services in select locations.
Since 1920, System Parking has specialized in providing customers and clients with tailored parking solutions, and is one of the premiere parking companies in the United States, with approximately 244 locations in 7 states and 14 cities. System Parking Inc. designs customized, cost‐effective parking solutions and specializes in a number of different parking venues consisting of hotels, hospitals, surface lots, condominium and residential properties, office buildings, and parking enforcement services.
For over 50 years, Joe’s Auto Parks has been one of the largest parking operators in Los Angeles, with more than 85 downtown locations, each strategically located in and around some of Los Angeles’ most well known high density attractions and destinations.
Network Parking, headquartered in Cleveland, Ohio is a nationwide parking company with experience in the management and operation of office building, mixed‐use, retail, residential, airport and hotel parking facilities. Network Parking provides clients with an array of consulting services including layout, equipment and operations for valet, shuttles, validation programs, cashier services and car wash services. Network Parking’s experience provides a unique understanding of client’s goals, with the ability to provide added‐value to their real estate portfolios.
L&R now operates in 33 cities spanning 20 states from coast to coast with approximately 4,800 employees and has grown into one of the largest parking property owners in the nation. For additional information on the L&R Group of Companies and its divisions, please visit www.tlrgc.com.
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