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PHILOSOPHY
Over the course of four decades, The Olympia Companies have perfected a philosophy of maximizing value by addressing the growing complexities of modern hotel and commercial facilities. Focusing on the specific needs of hotel guests and tenants, our customer-centric strategy continues to enhance our proficiency in commercial real estate development and hotel operations management.
High Historical Profitability for our Hotels and Office Buildings
The Olympia Companies hold and manage properties for the long term; and we're in our fourth decade of operating profitable hotels and real estate.
Outstanding Financial Integrity
The Olympia Companies have always met their financial obligations and have never defaulted on a hotel or commercial real estate loan, despite multiple economic downturns.
Recognized Excellence
Over the last few years, The Olympia Companies have been recognized for their economic impact to, and their activity in, Maine.
The Portland Maine Regional Chamber honored us with its 2006 President's Award
as an organization exemplifying extraordinary leadership skills, entrepreneurial
spirit and clear vision in improving community and quality of life.
In 2004 the City of Portland's financial lending board singled out The Olympia
Companies for outstanding achievements and economic impact to Portland.
Also in 2004, The Maine Real Estate Development Association (MEREDA)
recognized Mr. Mahaney and the Company for outstanding development efforts
with the State of Maine Developer of the Year award.
Olympia Hotel Management is Not Without Its Own Kudos.
Our hotel management division is repeatedly recognized by the Holiday Inn Corporation for our outstanding service and quality of product.
Hilton Hotels awarded Olympia Deal of the Year at its January 2004 New Orleans Conference.
And we are a four- time winner of the coveted Torchbearer Award, a prestigiuos designation that's granted to only the top twenty hotels in the Intercontinental Hotel Group, Hilton Hotels and AAA.
Excellent Property Repositioning Expansion Capabilities
The Olympia team understands how to recognize real estate with premier development opportunity and substantial turnaround potential.
Strong Community Image
The Olympia Companies are highly regarded in the communities we serve. We believe every development is a team event involving the community, tenant, contractors and ourselves.
Management Stability
Two generations of the Mahaney family have led our executive team with over 70 years' combined experience in the development, financing and management of properties.
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