Targeted, Strategic GROWTH
Our commitment to strategic growth has resulted in the development, construction or acquisition of over 60 premier hotels, with plans for continued nationwide expansion. We are an established firm with a proven track record of success.
Knowing WHAT TO LOOK FOR
We believe that part of our success comes from knowing what to look for and when to act. We are always looking for unique opportunities to acquire or develop and build new hotels. In either case, our focus is on properties that meet the following Summit Group/Investor "success potential" criteria:
- High barriers to market entry by future competitors
- Assets with significant revenue enhancement potential
- Assets with upscale profit potential through improved operational efficiencies
Operating on PRINCIPLE
Our growing number of properties enables us to achieve efficient economies of scale in property management and marketing. As we add properties, we work toward additional economies of scale while continually providing an infrastructure that ensures quality throughout our organization. As an expert operational team, we:
- Centralize accounting and administration, which allows our managers to focus on generating revenue and guest satisfaction
- Focus on an aggressive direct sales approach in our hotels
- Maximize revenues by providing industry-leading sales training to our managers
- Provide an environment that challenges our associates and rewards their success
- Achieve impressive margins through efficient management and cost containment
- Strive to exceed the expectations of our guests
Acquisition Criteria
- 60 - 160 room limited service hotel
- Franchised with an existing franchisor of The Summit Group, Inc.
- Located in markets with a population base of at least 50,000 persons
- Located in the contiguous 48 States of the United States