HOSPITALITY DEVELOPMENT

Hospitality Development

CW acquires, develops, and constructs hotels & resorts throughout major markets and brand categories in the United States.

In today’s market, CW focuses on strategic ground-up construction opportunities, as well as selecting under-performing hospitality assets to acquire, revamp, and reposition.  The asset’s revenue potential is realized by adding value through CW’s proven strategies, which include improvements in product and brand standards, reductions in operating costs, as well as increases in occupancy, ADR, RevPAR and overall profitability.  This includes capital improvements to rooms, amenities, common areas, and food & beverage outlets that are designed to improve the asset’s NOI performance and distinguish the asset from its competition.  CW has a successful hospitality track record on high return multiples on invested equity within 36 months from acquisition.