What We Do

Investment Strategy

We founded Pharos Hospitality with the goal of acquiring and operating branded upscale select service hotels by leveraging our executive leaderships’ extensive history and experience in the sector. We focus on primary and secondary urban growth markets in the southeastern and mid-Atlantic United States, and on the Marriott and Hilton brand families.

We engage in both single-asset and portfolio transactions, and are focused on hotels that can be purchased without the encumbrance of management contracts.

We pursue properties that can generate dependable 8-10% coupons with some asset value appreciation potential in most economic conditions over a 5 to 7 year hold period, while maintaining reasonable leverage levels (60-65% for most properties). This combination reduces risk, while generating strong returns for investors.

Simplify and Align

The key to our investment strategy is the execution of our optimized hotel model that simplifies and aligns all aspects of hotel ownership and operations.

Today’s hotel industry is burdened by overly complex and fragmented organizational structures, and dated, restrictive operational processes.

The inherent struggles between the individual interest of the hotel owner, the Brand and the 3rd party property management created by these complexities have suffocated all chances of improving the business of owning and operating hotels, and devoured revenue increases before they reach NOI.

Our approach integrates hotel ownership, investment, and management, focusing on creating value as opposed to simply managing assets.

We focus on improving property staff to allow for greater property level authority.

In conjunction with other approaches, the collective impact of this simplified and aligned model reduces costs, maximizes revenues, and increases returns.

Our Capabilities

Acquisitions

Pharos Hospitality senior executives have developed, acquired and sold more than $450M in hotel properties, including the Aloft Tampa Downtown and the Hampton Inn St Augustine Vilano Beach with Pharos Hospitality.

Asset Management

We perform or oversee all asset management functions, to include value creation, renovations, dispositions, legal, loan management and lender relations, distributions, contract administration, tax management, franchise relations, and escrow management.

Hotel Management