Industry Veterans John Murphy And David Parsky Announce Launch Of Investment Firm Triton Hospitality Group
New venture is targeting hotel assets and loans for economic recovery through the current downturn and beyond
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John Murphy, founding president of Evolution Hospitality and David Parsky, founder of Arris Investments, announced today their new venture, Triton Hospitality Group (Triton), a boutique hospitality firm focused on distressed assets and loans resulting from the current downturn. With a combined 50 years of experience in the hotel and investment management industries, the new partners seek to invest in selective ventures, leveraging their diverse skills to maximize value, while collaborating with owners, lenders, and capital providers to bring assets to their full potential.