Hotels & Resort Management

HTL Management, LLC have acted as asset managers for the 214-room Hayes Mansion Hotel & Spa since December 2004 for the City of San Jose. The Property is operated by Dolce Hotels and Resorts, an affiliate of Wyndham Hotel & Resorts and HTL supervises all operational related matters as the representative of the owner. As part of our role as asset manager, we have performed an analysis of potential alternative uses of the property, including an extensive analysis of its potential as a senior assisted living facility. We have also forecasted future San Jose Citywide Transient Occupancy Taxes and assisted with the expansion of the Convention Center.

The Company served as the bankruptcy court’s liquidating agent and transaction advisor for this 95-room, upscale, boutique lodge and suites with a full liquor license located one block from the Pacific Ocean on the Monterey Peninsula. HTL was the management company during the foreclosure period and was retained after the foreclosure by the new ownership group under a long term management contract. In addition to property management responsibilities, HTL coordinated a renovation of the hotel and increased the average daily room rate over 30% during the first year after the remodeling work was completed. HTL was also responsible for the disposition of the asset after stabilizing the hotel operations.

The Property owner retained HTL Management, LLC to take over the operations of this three-story, 65-suite, extended stay, hotel in order to improve revenue and overall profitability. Once the property operations were stabilized by the Company and profitability was substantially improved, the capital markets team of HTL was retained and completed a sale the asset.

This Hotel located near the scenic area of Joshua Tree National Park was developed by principals of HTL Management, LLC. Opened in 2009, this award winning, focused service, 95-room Property has 69 standard guestrooms and 26 extended stay units. HTL also provided all pre-opening management services including retention and training of all staff members, development of sales and marketing plans and implementation revenue management strategies. The Company was retained to operate the Hotel under a long-term management contract. The HTL capital markets group sold asset for the owner and secured financing for the purchasing entity.

(Currently: Wingate Inn by Wyndham)

The Company was responsible for operating this four-story, 127 room property located in the Dallas metro-area telecom corridor. We reversed the trend of continued losses in room sales and profitability without making any renovation expenditures. Our company increased revenue almost 40% during the first three years of operation and improved profitability several hundred thousand dollars per annum. The management contract was terminated upon sale of the asset by the capital markets team of HTL.

HTL Management, LLC completed a Hotel Management assignment of a 257-room, full service hotel with 15,000 square feet of meeting space and a 100,000 square foot indoor water park. In addition to management of the hotel, HTL Management, LLC was responsible for arranging FF&E financing of $2.2 million and completing a Product Improvement Plan renovation required by InterContinental Hotel Group.

(Currently: Great Wolf Lodge & Water Park)

HTL Management, LLC was responsible for arranging a $1.8 million renovation loan and converting the 235-room former Courtyard by Marriott into a full service Holiday Inn. The property has meeting space of approximately 10,500 square feet. HTL Management, LLC assignment also included operation of the Coco Palms, 100,000 square foot indoor water park.

The Company was retained to manage this very upscale, 104–unit, boutique hotel with large rooms including sitting room parlors with wet bars. It is located in historic, downtown, Monterey, CA near the world famous Monterey Bay Wharf area, numerous upscale boutique retail shops and a variety of dining facilities. The Monterey Conference Center is situated directly across the street and the Hotel also has on-site meeting facilities.