Our expertise begins with the project planning phase and includes all aspects of property management, sales, and marketing.
Investment
We acquire and invest in unique real estate assets with an emphasis on the hospitality industry.
We are hand-on, value-add investors that seek to deliver superior returns over a long-term horizon. We don't shy away from challenging assets, and pride ourselves on utilizing our deep experience in real estate development and hospitality management to develop and/or reposition properties to best meet the needs of a specific market.
While we focus primarily on the Mid-Atlantic region, we will look at opportunities in other geographies on a case-by-case basis.
Our investment criteria is centered on the following property classes:
Historic commercial and residential buildings
Boutique hotels and inns
Bed and breakfasts
Limited service franchise hotels
Undeveloped land in locations with high traffic and favorable demographic trends
Management and Operations
Operating a hotel requires hands-on expertise in a broad spectrum of functional areas. Our experience spans independent properties associated with soft brands include WorldHotels, as well as hotels under major brand names such as Hilton, Choice, Wyndham, and Radisson in urban and suburban markets.
Our capabilities include:
Hotel management
Operations improvement, redesign and support
Finance and accounting, including management of receivables and payables
Purchasing management and cost reduction strategies
Sales, marketing, and distribution
Information Technology
Human resources
Property maintenance and upgrades
Consulting
Operating a hotel, inn, or bed and breakfast can have its challenges. And, at times, even the most experienced hoteliers and innkeepers may need "an extra set of hands" to assist with tackling those special projects, managing an aspect of the operations which may be too time-consuming, or introducing an innovative program to stay ahead of the competition.
Savara Hospitality offers a portfolio of advisory services to assist hoteliers and innkeepers with operating their businesses. This includes: