Showing posts with label new hotel construction. Show all posts
Showing posts with label new hotel construction. Show all posts

Friday, March 27, 2015

Hotel Development Robust for Midwest Hospitality Company

Even though 2015 is only three months old, it has been a very busy year for Kinseth Hospitality Companies located in North Liberty, Iowa.  In fact, it has been one of the busiest years ever for our company when taking stock of the number of new hotel construction projects that Kinseth has undertaken.


In addition to the hotels listed above which are opening in 2015, Kinseth Hospitality also will break ground for the construction of new hotels in Mason City, Iowa (Hampton Inn & Suites), and Bellevue, Nebraska (Courtyard by Marriott and Bellevue Conference Center).

New hotel projects are also in discussion and will likely start construction during 2015 in Brookfield, Wisconsin (Home2Suites) and Hudson, Wisconsin (Hampton Inn & Suites).

The pipeline of additional hotel development projects for late 2015 and 2016 is very robust as Kinseth Hospitality looks into the near future. Initial conversations are taking place on new hotel development projects in the greater Milwaukee, Wisconsin area, in the state of Colorado, and also in Iowa.

Not only has the Kinseth Hospitality pipeline of new hotel projects become very robust, but in general development of new hotel projects has accelerated on a national basis. Financing of hotels for very well sponsored projects is available, and the overall ‘health’ of the lodging and hospitality industry has rebounded substantially since the United States economy exited the economic recession.  

The large international hotel brands have also sensed the rebound in hotel development. Hilton and Marriott have introduced new brands that they intend to capture more millennial travelers.  These brands include Moxy Hotels and AC by Marriott, as well as Hilton introducing the Canopy and Curio hotel brands.  Hotel executives and guests alike are eager to experience these new ‘boutique’ or soft brands by the major hotel chains.

In addition to the new construction projects listed above, Kinseth Hospitality Companies has under taken a large number of renovation and modernization programs in our existing portfolio of hotels that include properties in Wichita, Kansas (Holiday Inn), Overland Park, Kansas (Holiday Inn), Helena, Montana (Red Lion Hotel), and Billings, Montana (Residence Inn).  Our guests tell us they love the newly renovated hotels. 

(For a complete list of newly renovated Kinseth hotels visit: http://www.kinseth.com/portfolio.php)

As a full service hotel management company our job doesn’t stop at building, and renovating hotels. Our motto is to promote continual execution of education and excellence after our hotels open their doors. This comes from the support of our corporate hospitality staff hired specifically to help our Kinseth property level hotel staff succeed at what they’ve been hired to do best. Deliver world class hospitality to every guest, every time.

Each February Kinseth Hospitality Companies honors its hotel’s and their staff with special recognition awards. This year’s award ceremony was hosted at our newly renovated Holiday Inn Rock Island - Quad Cities. Five outstanding Kinseth hotel managers received top awards based on their service scores, leadership, high standards of operation, and revenue during the 2014 year.
Many more Kinseth hotels were honored with awards for perseverance, creating a positive impact in the community, marketing, financial achievement, teamwork, quality excellence, and leadership. (For the full list click here.)


Kinseth Hospitality Companies honors their hotel employees at annual leadership conference.

At Kinseth Hospitality Companies we don’t just build, develop and remodel hotels, we manage them too. As a hotel management company we keep track of everything from operations, sales, marketing, financial management, to human resources, food and beverage. Our commitment to provide continued training and support to our property level managers is what brings us together as a team. It is this that has lead to our continued success as a company during times of economic recession.

Tuesday, October 29, 2013

What To Look For When Choosing A Hotel Management Company

As a hotel owner or real estate developer contemplating the construction of a new hotel, you want to ensure you are maximizing the investment you have made in 'bricks and mortar'.  With many management companies to choose from, where do you begin this search?

When looking for the 'right fit' for your hospitality management company, you should consider the following key points in your search:

Previous Management Assignments.  There are many different types and styles of hotels today (full-service and limited-service; branded and independent hotels; rural locations and urban locations).  The hospitality management company you are interviewing should have experience and knowledge of the hotel segment your property competes within.

Geographic Location Of The Management Company.  Direct access to the property by an experienced hospitality management Director Of Operations and other corporate support staff is important to the oversight of the property.

References. Check the references and explore the past business relationships that are provided to you by the hospitality management company.  You will want to ensure that these references include properties and assignments that are similar to your location and your asset.

Services Provided By The Management Company.  A hospitality management company should be able to oversee capital improvements, renovation, and ongoing property maintenance at the hotel.  Many hospitality management companies do not provide services to implement a Product Improvement Plan (PIP).  Also, the hospitality management company should provide asset management, or consulting services for the ownership entity of the property, and understand your relationship with your lender, and act on your behalf.

Corporate Support.  A hospitality management company should have dedicated professionals that will oversee and support the hotel in key areas of business management such as negotiated purchasing contracts, sales and marketing oversight (especially in terms of e-commerce), technical support staff, accounting and financial controls, human resources, and insurance.

For more information about hotel development or management services with Kinseth Hospitality Companies, please contact Jeff Schrader at jschrader@kinseth.com or visit www.kinseth.com