Dominion Grand Development Group Inc.

Dominion Grand Development Group Inc.

November 10, 2010 08:00 ET

Dominion Grand Hotel Group Inks Three New Canadian Management Contracts

TORONTO, ONTARIO--(Marketwire - Nov. 10, 2010) - Dominion Grand Development Group Inc. (DGDG) announced today its newly formed Dominion Grand Hotel Group Inc. (DGHG), lead by hotelier Mike Jackson, has signed its first three hotel management agreements. 

Effective November 1, 2010, Dominion Grand Hotel Group will provide strategic management services to the Braemar Group's Best Western and Comfort Suite Hotels in Kelowna, B.C. and Comfort Inn and Suites in Medicine Hat, Alberta.

"We are thrilled and proud to have the opportunity to manage the operations of these award winning, well respected hotels, and appreciate the confidence of the owners. We look forward to expanding on their success and profitability," said Mike Jackson, President and COO of Dominion Grand Hotel Group.

Rod Hazard, owner of The Braemar Group adds, "We are confident that Mike and the Dominion Grand Hotel Group bring a great depth of hotel and business experience to the table. They understand our unique needs, are closely aligned with our goals and offer a fresh perspective - all fundamental to our mutual success." 

Combining Mike Jackson's expertise with DGDG's executive team of real estate developers, property managers and investors presents a significant opportunity for the Dominion Grand Hotel Group to secure a strong position in the industry.

The company has reached its first major milestone with the signing of these three initial agreements and anticipates attracting other prominent hotel clientele through provision of superior management services.

About Dominion Grand Development Group Inc.

Dominion Grand Hotel Group Inc. (DGHG) www.dominiongrand.com is a division of Dominion Grand Development Group Inc. (DGDG) with offices based in Vancouver, Toronto and Hong Kong. Dominion Grand Development Group builds shareholder value through direct ownership and management of real estate assets, and real estate related service businesses.

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