Business Details
We began our operations in early 2003 with a clear mission to develop, manage, and sell limited service hotels across the United States. Our sole shareholder, Michael P. Holtz, brings an extraordinary depth of experience, having developed over 150 hotels nationally. We focus strategically on secondary markets, typically developing properties ranging from 75 to 150 rooms. Our corporate strategy involves developing these quality lodging assets, operating them to maximize value, and ultimately realizing gains for our investors. We believe in an inverted pyramid management model that empowers every employee to make decisions enhancing the guest experience. To maintain operational precision, we developed DRSPro, a proprietary web-based daily reporting system. This tool allows our team to review critical revenue and payroll data daily, comparing performance against prior years and budgets.
In 2016, we formalized our operational arm through Waterview Hospitality, LLC, a joint venture established to manage our developed hotels. Waterviews primary objective is to maximize Net Operating Income through strict adherence to our companys guiding principles. Our principles demand that we lead by example, treat everyone with respect, and always do the right thing in the pursuit of excellence. We hold ourselves accountable to under-promise and over-deliver, ensuring policy never substitutes for good judgment. Our portfolio currently spans several states, including Florida, West Virginia, and Ohio, representing major brands.
In 2016, we formalized our operational arm through Waterview Hospitality, LLC, a joint venture established to manage our developed hotels. Waterviews primary objective is to maximize Net Operating Income through strict adherence to our companys guiding principles. Our principles demand that we lead by example, treat everyone with respect, and always do the right thing in the pursuit of excellence. We hold ourselves accountable to under-promise and over-deliver, ensuring policy never substitutes for good judgment. Our portfolio currently spans several states, including Florida, West Virginia, and Ohio, representing major brands.
Highlights and features
- Our leadership has developed over 150 hotels in the United States.
- We utilize a proprietary DRSPro daily reporting system for financial transparency.
- Our inverted pyramid model empowers employees to improve guest experiences.
- We have developed or acquired over 30 hotels since our 2003 inception.
- Our operations strictly adhere to a formalized set of guiding principles.
Services
Hotel Development
Our hotel development service focuses on constructing limited service properties, typically 75 to 150 rooms, in growing secondary markets nationwide. We target strategic locations where the demand for quality lodging is expanding, ensuring a strong foundation for future profitability. This approach allows us to build assets that generate value from the ground up for our investors and the surrounding community.
Hotel Construction
We manage the complete construction process for new hotel properties, ensuring they meet the specifications of major hospitality brands. Our team oversees projects that result in tangible, high-quality assets ranging from 75 to 125 guest rooms. This service is integral to our strategy of building value in secondary markets before transitioning to long-term operations.
Hotel Management
Through our joint venture, Waterview Hospitality, LLC, we provide professional hotel management with a primary objective of maximizing net operating income. We employ an inverted pyramid management model, which empowers our on-site employees to make critical decisions that directly improve the guest experience. Our managers utilize our proprietary DRSPro system to track daily revenue and payroll, ensuring strict adherence to budgets and performance targets.
Hotel Operations
Our operational strategy is governed by a strict set of guiding principles, including the mandate to always do the right thing in the pursuit of excellence. We maintain a culture of accountability where we under-promise and over-deliver, refusing to let rigid policy override good judgment. This disciplined operational framework is designed to stabilize assets and maximize their long-term value for the ownership entity.
