Hospitality Funding

Property Types

Property Types

 

Our portfolio of funded properties is as unique as our clients.

There are many ways to characterize hotels according to their ownership, audience, amenities and price. Below is an overview of property types advised by Hospitality Funding.

 
 

Flagged Hotels

The flagged hotel market is dominated by names like Marriot, Hilton, Hyatt, Wyndham, Choice. Often, hotel companies carry several flagged brands that represent different trade-offs between amenities and price. For example, Choice Hotels owns properties under the Comfort Inn, Comfort Suites, Quality Inn, Sleep Inn, Clarion, Cambria Hotel & Suites, Mainstay Suites, Suburban Extended Stay, Econo Lodge, Rodeway Inn, and Ascend Hotel Collection brand names. These brands address several markets: budget, extended stay, business travel, and so forth. Financing for the construction and renovation of flagged hotels is usually supplied by the parent corporation. For hotel franchises, the franchisor usually provides franchisee-financing programs, but may require the franchisee to satisfy certain operational and financial requirements.

Full-Service Hotels

Full-service hotels offer a wide array of amenities and guest services. These include on-site dining, conference rooms, business facilities and a fitness center. Many are luxury hotels, although mid-scale properties can also provide full services. Marriott and Hilton are good examples.

Boutique and independent

These hotels are typically non-flagged, independently owned properties with upscale amenities, although flagged boutique hotels also exist. Facilities can vary from intimate to full service accommodations, but typically cater to fewer than 100 guests at any one time.

Extended Stay Hotels

These hotels are small-to-medium sized hotels with special weekly or monthly rates that save money compared to day rates. Frequently, these rooms have kitchen facilities, and the property might have a laundry room. It’s a no-frills approach is meant to appeal to those traveling on a budget who need a room for a week or longer. Residence Inn by Marriott and Extended Stay America are two branded chains in this category.

Focused or Select Service Hotels

These are medium-sized hotels to small-sized hotels with limited amenities geared to a defined set of travelers, such as single businesspersons. These facilities may lack certain features found in full-service hotels, such as on-site restaurants or a swimming pool. Hilton Garden Inn and Courtyard by Marriott are well-known examples.

Luxury Hotels

Luxury hotels offer top-quality amenities and charge premium prices. You’ll likely find on-site restaurants, full-service accommodations and a high level of professional, personalized service. Luxury hotels often carry designations like “Five Stars” or “Five Diamonds” to indicate their extremely, high-level, rarified standards.

Famous luxury hotel brands include Four Seasons, Ritz-Carlton and InterContinental, to name just a few.


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