Hotel Development Partners, LLC (HDP), a JV between IRE Capital and Hotel Equities Group, LLC, will acquire a portfolio of premium branded select service hotels that offer a combination of consistent demand and upside potential. Premium branded select service hotels provide a rare return on investment during a slow-growth economic environment. HDP will focus on Marriott, Hilton, IHG, and Starwood branded hotels which offer strong market recognition, the most productive reservation systems in the industry, and multiple exit options. Current market conditions allow for an entry point well below replacement cost and the potential for strong growth in value from quality institutional hotels. The consistent increase in demand since the onset of 2010 and nearly no new supply have produced improving industry fundamentals. Through opportunistic acquisitions, capital improvements, and effective property management, principal will be preserved. If you would like more information regarding this unique investment opportunity, contact Barry Wabler, CFO.
Barry Wabler
41 Perimeter Center East, Suite 510
Atlanta, GA 30346
Phone – 678-578-4444, Ext. 19
Fax – 678-578-4445
bwabler@hotelequities.com
