June 22, 2017 7:21 PM ET

Commercial Services and Supplies

Company Overview of Yosemite Hospitality, LLC

Company Overview

Yosemite Hospitality, LLC provides contract based hospitality services at national parks which include overnight accommodations, food and beverage operations, retail sales, fuel sales, bike and craft rentals, and recreational activity operations. The company was incorporated in 2014 and is based in Philadelphia, Pennsylvania. Yosemite Hospitality, LLC operates as a subsidiary of Aramark.

1101 Market Street

Philadelphia, PA 19107

United States

Founded in 2014

Phone:

215-238-3000

Key Executives for Yosemite Hospitality, LLC

Yosemite Hospitality, LLC does not have any Key Executives recorded.

Yosemite Hospitality, LLC Key Developments

National Park Service Signs Contract with Yosemite Hospitality

National Park Service signed a concession contract with Yosemite Hospitality, LLC, a subsidiary of Aramark, to provide concession services within Yosemite National Park. The 15-year contract, the large single contract in the National Park Service, will begin on March 1, 2016. The current concessioner, DNC Parks & Resorts at Yosemite Inc., a subsidiary of Delaware North Co., has held its contract since 1993. As the new concessioner, Yosemite Hospitality will continue to provide visitor services at Yosemite National Park iconic locations. Millions of visitors will continue to enjoy services at historic locations including The Ahwahnee, Curry Village, Wawona, and Yosemite Lodge. The contract includes the operation of 17 retail locations, 12 lodging properties, and 14 food and beverage service locations. In 2014, the current contract gross receipts were $146 million. Yosemite Hospitality will pay a franchise fee of 11.75% of gross receipts, 80% of which will directly support improvements to visitor facilities and park operations. This was 3.75% higher than the minimum franchise fee required in the prospectus of 8.0% of gross receipts. Popular visitor services such as lodging and food service will continue at The Ahwahnee, Glacier Point, Yosemite Lodge, Wawona, Tuolumne Meadows Lodge, High Sierra Camps, and Curry Village. In addition, activities such as ice skating, skiing, bicycle rentals, shuttle service, and raft rentals will continue to be authorized for park visitors under the new contract. Horseback rides will be available in the Wawona area. The Yosemite Mountaineering School will continue at Badger Pass, Curry Village and Tuolumne Meadows. Major improvements will be made to food and beverage service at Degnan's Deli and Loft, Yosemite Lodge Food Court, and the Curry Village food service facilities. These improvements will be made by Yosemite Hospitality at no cost to the National Park Service. In addition, enhanced menus embracing healthy food options will be implemented at all locations. Yosemite Hospitality will reduce the concession footprint of facilities and operations within Yosemite Valley. Operational efficiencies gained from proposed improvements will enable Yosemite Hospitality to reduce the footprint associated with concessioner activities. Yosemite Hospitality will implement major conservation activities to reduce water, electricity, and fuel use in shuttle systems, lodging, employee housing, and food outlets. Water and energy saving fixtures will be installed, or upgraded as needed, throughout lodging and employee housing areas. The park concession facilities will become a model of sustainability and enhance resource protection. Significant investments will be made in upgrading room furniture and amenities in lodging at The Ahwahnee, Curry Village, and Wawona.

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