The Marcus Corporation (NYSE: MCS) today announced the resignation of Bill Otto, president of Marcus Hotels & Resorts. Otto, who has been with Marcus Hotels for 19 years, expanded the division from a few properties to a company with a broad geographic reach.

“It is with sincere regret that I have accepted Bill’s resignation. He has been with Marcus Hotels & Resorts since 1993, when he joined us as senior vice president of operations. He was promoted to president in 2001 and has grown the division’s portfolio from four hotels in Wisconsin to 18 properties in nine states. Along the way, he also built our expertise in hotel management, development and historical renovations. Bill has left an indelible mark on our company and we appreciate his many contributions to our success,” said Gregory S. Marcus, president and chief executive officer of The Marcus Corporation.

“Bill has developed a strong team with great bench strength, so I am confident we will continue operating at a high level while we assess our leadership needs,” said Marcus. He said Otto will remain with the company for several weeks to provide a smooth transition.

About Marcus Hotels & Resorts

With the addition of Kimpton Hotel Monaco Pittsburgh, Marcus Hotels & Resorts owns and/or manages 19 hotels, resorts and other properties in the U.S. The company's distinctive portfolio includes city-center meeting hotels, upscale resorts, historic properties, and premium branded and independent first-class hotels. Marcus Hotels & Resorts is an approved operator for all major lodging brands. A leader in the hospitality industry since 1962, Marcus Hotels & Resorts creates asset value for hotel owners through its expertise in management, development and product repositioning. This includes premier food and beverage brands such as Mason Street Grill, ChopHouse, Miller Time® Pub & Grill and SafeHouse® Restaurants. For more information, please visit: http://media.marcushotels.com and follow the company on Facebook and Twitter (@MarcusHotels).

About The Marcus Corporation

Headquartered in Milwaukee, The Marcus Corporation is a leader in the lodging and entertainment industries, with significant company-owned real estate assets. In addition to its lodging division, its theatre division, Marcus Theatres®, is the fourth largest theatre circuit in the U.S. and currently owns or operates 1,064 screens at 85 locations in 17 states under the Marcus Theatres, Movie Tavern® by Marcus and BistroPlex® brands. For more information, please visit the company's website at www.marcuscorp.com.