Phillip H. McNeill, Sr., Pioneering Hotel Investor and Equity Inns Founder, Passes Away at 87
📕 Phillip H. McNeill, Sr., passed away at 87 in Germantown, Tennessee. In 1984, he opened the second Hampton Inn in Little Rock, Arkansas. McNeill founded Equity Inns, expanding it from 8 hotels worth $40 million to 138 hotels sold for $2.2 billion to Goldman Sachs. His roles included chairman of McNeill Investment Company, CEO of Schumacher Mortgage Company, and president of the Memphis Mortgage Bankers Association.
Share