Hotel Development

Grand Hotel Lobby with Receptionist at Front Desk
Hotel Development

Growing Together

At 24seven Hotels, we succeed when you succeed. Our growth and momentum are built on strong relationships—with a laser focus on the western and south central United States, our partners vary from large private equity firms to first-time hotel owners. We prioritize depth over breadth and focus on the lifestyle, upscale and select-service segments, making us more effective and able to consistently add immediate value to your investment. We have the expertise, brand programs, tools and resources owners need to amplify their investment. 

Approved Operator
Marriott Logo
Hilton Logo
Cambria Hotels Logo
Hyatt Hotels logo
InterContinental Hotels / IHG
Case Studies

Our Performances

Our partners have placed their trust in 24seven Hotels and experienced a positive shift in the way their properties have evolved. We identify the best opportunities, operate effectively and drive a quick return on investment. These are our proven success stories. This is hospitality that hits the right notes.
Modern Hotel Lobby
  • Opportunity:

    Executed an optimal pre-opening revenue ramp up and operations of burgeoning hotel brand with a limited corporate preferred base to maximize owner return on investment.

    Execution:

    • Implemented a proactive presell strategy allowing the property to achieve 23% of its revenue in group bookings. Achieved a 110 RevPAR Index on an aspiration competitive set of well-known brands within the first 90 days of opening.
    • Launched enhanced digital marketing efforts targeting a highly qualified audience to produce a 59:1 ROI with direct bookings yielding higher ADR.
    • Optimized operations to overcome the challenges of opening a new hotel as well as significant labor and supply chain issues associated with macro-economic issues and drive a $3M GOP.
    • A focus and commitment to the highest service standards resulted in the hotel being recognized in the top 3 of the brand for guest experience in 2022.

    Unparalleled First Year Results:

    • 16% above in revenue, $1M over budget
    • $2.3M NOI, a 21% increase over budget
    • $29M valuation, $250K per key based on first year NOI
  • Opportunity:

    Partnered on a hotel acquisition opportunity with intent to convert to a Marriott brand to fill a gap in a premier Southern California coastal market with ongoing management of the hotel.

    Execution:

    • Spearheaded the brand selection, renovation, and pre-opening to deliver a successful hotel rebrand and conversion to Marriott with a presence on marriott.com.
    • Focused expertise and market intelligence drove a strong RevPAR of $225 at a RevPAR Index of 104 in an aspirational boutique competitive set in 2022 versus vs. the 2019 pre-acquisition RevPAR of $153 and a RevPAR Index of 74.
    • Implemented operational efficiencies to manage labor and expenses resulting in positive flow through with a $1.14 million NOI.

    Maximized Investor Returns:

    • 4x return on investment at an exit of $14.65M
    • 100% increase in capital gains in only 18 months
  • Opportunity:

    Identified an undervalued investment opportunity in a top Southern California market which provided the investor with a high growth investment opportunity.

    Execution:

    • Provided improved business and revenue strategies to achieve an optimal sales mix, achieving 90.0% increase in RevPAR and 5.0% increase in RevPAR Index; contributing to the hotel exceeding budgeted revenue by 50.0% to maximize return on investment.
    • Upon the management transition, we implemented operational efficiencies, even with labor rate pressure and supply chain issues, to significantly impact the bottom line and drive a 52.0% GOP.
    • Focus and commitment to the highest service standards resulted in the hotel ranking in the top 25% of brand ITR for 2022.

    Maximized Investor Returns:

    • 34% hotel valuation increase in three years, from $1.7M NOI in 2019 to $3M NOI in 2022
  • In 2016, the U.S. got its first MOXY hotel located in Tempe, Arizona with 24seven Hotels helping behind the scenes to bring this exciting project to life and set the stage for what would become the brand’s extraordinary future demand.  

    As a trusted and approved Marriott third-party management partner, 24seven Hotels worked directly with Marriott’s Chief Development Officers to establish the franchise in the U.S., converting a motel and determining the new hotel’s design.  

    The result, a converted hotel with a fresh experience. It’s funky and playful, minimalist but user-friendly, and socially orientedan adult’s dream playground. As of 2022, there are more than 30 MOXY hotels in the United States.

Modern Hotel Management

This Is How We Do It

At 24seven Hotels we deliver. For our partners, that looks like hotel management expertise that is both deep and broad, developed over decades of working with top-tier global hotel brands. We are a one-stop shop for all your needs, so you only need one company to manage all business functions related to operating a successful hotel. Whether a management transition, brand conversion or new build, we think like owners in everything we do to create value from day one, make you more profitable and exceed your expectations. 

Browse Our Development Book

Discover Fine-Tuned Hospitality.

“Choosing Twenty Four Seven Hotels was the best decision for our investment and our go-to hotel management resource for the western hotel markets.”

 Brickstar Capital

"As an industry leader in third-party hotel management, Twenty Four Seven Hotels is committed to exacting brand standards and delivering an upscale experience to our guests while ensuring returns. Twenty Four Seven Hotels provides best-in-class operations, owner relations, and support services to Cambria Hotels."

Choice Hotels

"Twenty Four Seven Hotels has proven to be a trusted partner in the lifestyle space. They build relationships and partner to execute business plans based on delivering guest satisfaction and bottom-line performance in a collaborative fashion."

 Dauntless Capital

“Twenty Four Seven Hotels provides a seamless pre-opening experience that is invaluable to our partnership. Their level of brand knowledge and hotel expertise is unparalleled in the industry."

Roger Hume, President, Hume Development

“I need a turnkey management company that I can trust...Twenty Four Seven Hotels has been that company.

 Incite Ventures, Inc.​

“Choosing Twenty Four Seven Hotels was the best decision for our investment and our go-to hotel management resource for the western hotel markets.”

 Brickstar Capital

"As an industry leader in third-party hotel management, Twenty Four Seven Hotels is committed to exacting brand standards and delivering an upscale experience to our guests while ensuring returns. Twenty Four Seven Hotels provides best-in-class operations, owner relations, and support services to Cambria Hotels."

Choice Hotels
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Come Together

We're already driving results in hotels just like yours. With a best-in-the-west portfolio, 24seven Hotels consistently delivers a higher than average RevPAR Index, Guest Satisfaction Score and ultimately, Return on Investment. Connect with Gary Gray, our Chief Investment Officer directly or submit a form below to start a conversation.
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Let’s Work Together

We prioritize personal relationships above all else. Whether you want to join our corporate team, work for one of our hotels, or partner with us, we want to hear from you. So…call us maybe? Or better yet, fill out this form.

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