Hotel Management

Hotels are the most complicated and specialized form of commercial real estate. Institutional owners engage an independent operator such as Quorum to assume operational control of their hotel assets. In most situations, the selection of an independent operator such as Quorum to operate the hotel offers a number of strategic advantages, such as:

• Ability to position property based on market needs not chain requirements

• Shorter term, more highly-focused and experienced management

• Terminable-on-sale agreements

• Fees focused on creating value