DENVER— Richfield, the management company owned by Swan, reports that it has been awarded the management contracts for three Decatur, IL-area hotels owned and operated by Real Estate Investors of Decatur LLC. The move means Richfield now manages the ownership company’s entire portfolio of hotel properties. Real Estate Investors in October tapped Richfield to manage its full-service Holiday Inn Select hotel. Reportedly based on the strong performance at that property, Real Estate Investors then inked Richfield to manage its area Country Inn & Suites, Ramada Limited and Comfort Inn properties. The portfolio represents $125 million worth of real estate holdings.
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