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Lexington drops expansion plans, targets management. (Lexington Management Corp.) (company profile)
Lexington drops expansion plans, targets management
Lexington Management Corp., operator of Lexington Hotel Suites and Lexington Inns, will attempt to make its mark in the business of third party hotel management, following the resolution of a legal battle that forced the Irving-based company to quash its expansion plans.
Lexington recently settled a bitter battle between the company and its Japanese business partner, Ginza Golf Service Co. Ltd., which erupted after both sides accused the other of not living up to a partnership formed to bolster the Lexington chain's plans to expand nationwide and abroad.
Both Lexington officials and attorney Randy …
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- Lexington expansion crippled by legal battle. (Lexington Management Corp.)
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