What’s Driving the Rush to Fix Up Full-Service Hotels?
Part of the attraction of full-service hotels for value-add investors may be their strong performance.
With current market dynamics the way they are, grand old hotels are proving to be ripe candidates for renovation. Value-add investors are especially attracted to “full-service” or “upscale” hotels, which at the very least provide food and beverage service and often come with a full suite of amenities for guests like fitness centers, swimming pools, and conference space.
Hospitality Management’s team provides day-to-day and asset management to nationally branded hotel and motel properties. Our goal is to outperform industry averages for RevPAR, hotel occupancy and ROI. We focus on the personal growth of our employees and maintaining the highest standards for our guests’ satisfaction. Our team strives to achieve superior operating performance that maximizes property values.
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