Business Details
9 Years
experience
Your Trusted Hotel Acquisition Partner in Dallas
TCOR Hotel Partners is a hotel acquisition platform led by industry veterans with over 100 years of combined experience in hospitality. Our team specializes in identifying, acquiring, and managing premium select-service hotels in thriving markets across the United States. We leverage deep industry relationships, rigorous investment strategies, and hands-on asset management to maximize returns for our investors. Our focus on operational efficiencies, revenue optimization, and strategic renovations ensures long-term value creation.With a proven track record of acquiring over $1 billion in hotel assets, we prioritize disciplined scrutiny, market diversification, and partnerships with top-tier management companies. Our leadership has navigated multiple industry cycles, including economic downturns, to deliver consistent results. By targeting mid-sized cities and suburban markets with strong demand generators, we position properties for resale within 3-5 years while maintaining a relentless focus on quality and profitability.
Services
Hotel Acquisitions
Asset Management
Property Renovations
Rebranding Services
Revenue Optimization
Details
- Year established: 2017
Highlights and features
- We offer 103 years of combined experience in hotel acquisitions and management.
- Our team maintains direct relationships with major hotel brands and industry executives.
- We specialize in off-market deals and optimal deal structuring through broker networks.
- Our operational efficiencies leverage expertise with hundreds of hotel managers nationwide.
- We guarantee ROI maximization through partnerships with leading construction and design firms.
Services
Hotel Acquisitions
TCOR identifies and purchases premium select-service hotels with value-add potential. Our team leverages industry relationships to source off-market deals and execute strategic acquisitions. We focus on branded properties in markets with strong demand drivers, ensuring alignment with our investment criteria for cash flow and resale potential.
Asset Management
We provide hands-on asset management through rigorous operational oversight. Our approach includes weekly revenue calls, expense reduction strategies, and performance monitoring to maximize returns. TCOR's team works closely with management companies to ensure brand standards and financial objectives are consistently met.
Property Renovations
TCOR executes property improvement plans (PIPs) to modernize facilities and enhance market positioning. Our team manages renovations from concept to completion, focusing on cost-effective upgrades that increase guest satisfaction and property value while maintaining brand compliance.
Rebranding Services
We specialize in rebranding independent or underperforming hotels under major flags. TCOR coordinates brand conversions, including design updates and operational adjustments, to leverage loyalty programs and marketing resources for improved revenue performance.
Revenue Optimization
Our revenue management strategy focuses on low-cost distribution channels and occupancy-rate optimization. TCOR implements dynamic pricing models and stay pattern analysis while maintaining close collaboration with sales teams to maximize top-line growth and market penetration.
People
Thomas J. Corcoran Jr.
President & CEO
40-year hospitality veteran with experience founding FelCor Lodging Trust, managing 200+ hotels, and executing $5+ billion in transactions. Recipient of multiple industry lifetime achievement awards.
Debra Feldman
Principal
Hotel development expert with $50+ million in repositioning projects. Former FelCor asset manager and development VP, specializing in strategic renovations, financial modeling, and brand negotiations across major hotel chains.
Joe Corcoran
Principal
13-year hospitality industry veteran with expertise in hotel transactions, sales leadership, and operational management. Former Plasencia Group VP with extensive relationships across brands, owners, and lenders nationwide.
Joseph Grosh
Associate
Financial analyst with background in oil & gas underwriting and private equity acquisitions. Graduated from Brigham Young University's Marriott School of Management with finance expertise applied to hotel investment analysis.
Questions
What types of hotels does TCOR specialize in?
TCOR focuses on branded premium select-service hotels in markets with population over 100,000, prioritizing properties with cash flow and value-add potential through renovations or rebranding.
How does TCOR maximize investment returns?
We implement operational efficiencies, renegotiate vendor contracts, optimize revenue management, and execute targeted capital improvements to enhance property value and market positioning.
What geographic markets does TCOR target?
We prioritize mid-sized cities, suburban areas adjacent to major metropolitan regions, university towns, and leisure destinations across 39 U.S. states with diverse demand generators.
How experienced is TCOR's leadership team?
Our partners have 103 combined years in hospitality, including founding FelCor Lodging Trust, managing over 200 hotels, and executing $5+ billion in acquisitions and dispositions.
What is TCOR's typical investment horizon?
We target a 3-5 year holding period, positioning assets for resale after implementing strategic improvements that enhance net operating income and market competitiveness.
