Successful development begins with strategic site and brand selection, and it is through this lens that we constantly evaluate new locations. We achieve tremendous success by adhering to a proven formula and considering sites that meet the following criteria:
- Growing, diverse base of corporate demand generators
- Leisure demand component for weekend travelers
- Moderate barriers to entry for competitive hotels
- Proximate restaurants, retail shopping, and other support amenities
- Pro-growth local government environment
- Convenient, logical access to major highway infrastructure
- Visibility from major thoroughfares
- Minimum 2.0 acres per property
We also remain interested in acquiring and operating high-quality, well-located assets that meet the following criteria:
- Hilton or Marriott select-service or extended-stay brands
- Potential to convert to one of the aforementioned brands
- Preferably high quality, concrete block construction
- Less than ten years old
- Preference for location in DE, MD, NJ, NY, PA, CT ,and VA
- 100-200 guestrooms
