Business Details
Your Trusted Hotel Development Partner in Tulsa
Promise Hotels is a privately owned hotel development and hospitality management company dedicated to excellence in the mid-scale market. With a team of over 250 associates, we specialize in acquisitions, development, rebranding, and turnaround management for distressed properties. Our portfolio includes 10 owned and 9 operated hotel properties across Tulsa, offering 900 rooms under prestigious franchise licenses with Choice Hotels International, Hilton, Hyatt, IHG, and Wyndham.We pride ourselves on fostering leadership in hospitality while delivering exceptional guest experiences and maximizing returns for investors. Our core valuesProfessionalism, Respect, Opportunity, Motivation, Innovation, Success, and Enthusiasmguide every decision. As community-minded stewards, we are committed to sustainable growth and maintaining partnerships with top-tier brands to expand our impact in Oklahoma and beyond.
Services
Hotel Development
Hospitality Management
Investment Opportunities
Franchise Partnerships
Property Turnaround
Acquisitions
Rebranding Services
Asset Protection
Guest Experience Optimization
Market Expansion
Highlights and features
- We specialize in turning distressed properties into profitable assets.
- Our team holds partnerships with top-tier hotel franchises like Hilton and Hyatt.
- We manage 900+ rooms across Tulsa's mid-scale hospitality market.
- Our leadership team has decades of combined experience in hotel development.
- We prioritize community engagement and sustainable business growth.
Services
Hotel Development
We identify strategic opportunities for hotel construction and redevelopment across mid-scale markets. Our expertise spans site selection, zoning compliance, and project execution. By leveraging franchise partnerships with major brands, we create properties that meet evolving guest expectations while maximizing investor returns through optimized operational frameworks.
Hospitality Management
Our comprehensive management services cover daily hotel operations, staff training, and guest satisfaction programs. With 250+ associates and experience managing 900+ rooms, we implement proven systems for revenue optimization, cost control, and service excellence. Our approach combines local market knowledge with standardized quality assurance across all properties.
Property Turnaround
We specialize in revitalizing underperforming hotels through strategic rebranding and operational overhauls. Our process includes financial analysis, facility upgrades, and staff retraining to restore profitability. By applying industry-specific expertise and franchise resources, we transform distressed assets into competitive properties within Tulsa's hospitality market.
Franchise Partnerships
We maintain licensing agreements with leading hotel brands including Hilton, Hyatt, and IHG. These partnerships enable us to offer recognized quality standards while accessing proprietary systems for reservations, marketing, and operational best practices. Our relationships with major franchisors ensure compliance with brand requirements while maintaining local market adaptability.
Investment Opportunities
We provide shareholders and associates with investment avenues in mid-scale hospitality assets. Through strategic acquisitions and value-add projects, we create growth potential while maintaining operational excellence. Our investment approach focuses on long-term asset appreciation and consistent returns through disciplined property management and market expansion.
People
Pete Patel
President & CEO
Pete Patel leads Promise Hotels as President & CEO, driving strategic growth and operational excellence. With extensive experience in hospitality management, he oversees acquisitions, development, and franchise partnerships while maintaining the company's community-focused values.
Tina Patel
Chief Financial Officer
Tina Patel serves as Chief Financial Officer, managing financial operations and investment strategies. Her expertise ensures fiscal responsibility and sustainable growth while supporting the company's mission to create opportunities for shareholders and associates.
Linda Haynes
Director of Human Resources
Linda Haynes directs human resources, focusing on talent development and team excellence. With 250+ associates, she builds a supportive workplace culture that aligns with Promise Hotels' core values and drives exceptional guest experiences.
Questions
What hotel brands does Promise Hotels partner with?
We partner with major franchises including Hilton, Hyatt, IHG, Wyndham, and Choice Hotels International across our Tulsa properties.
Do you specialize in specific types of hotel management?
We focus on mid-scale hospitality properties, with expertise in acquisitions, rebranding, and turnaround management for distressed assets.
How many hotel rooms do you manage?
Our portfolio includes 10 owned properties and 9 operated locations, totaling over 900 rooms across Oklahoma.
What community initiatives does Promise Hotels support?
As a Tulsa-based company, we prioritize local hiring (250+ associates) and sustainable growth while reinvesting in community development projects.
