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Embassy Suites betting success won't sour
For Hervey Feldman, success is suite.
Feldman, president and Chief Executive officer of Dallas-based Embassy Suites Inc., is celebrating its "its fourth consecutive record year." The company's 1989 revenues were up $1 million from 1988 for a total of $750 million. Not bad for a company that was founded just seven years ago.
"Customers like the suite concept, and just as important, if not more so, they find a good value and are willing to pay for it," said Feldman. "So we are standing on the leading edge of customer demand, which is always a nice position to be in. Secondly -- they (suites) make good money for …