27%
Internal Rate of Returns17
Years in the Business$3B
Debt Financing and Refinancing$3B
Dispositions$1B
RenovationsAchievements
Over the past 18 years, Chartres Lodging has acquired and re-positioned $3 billion of hotel assets and actualized an IRR of 27% throughout two economic cycles.
All of our re-positioned assets have been successful in achieving increased market share. We pride ourselves on our strong track record of renovating assets on time and on budget.
Sheraton Dallas
Sourced off-market as part of the five-hotel $750 Million Adam’s Mark portfolio re-positioning, the Sheraton Dallas showcases our expertise in re-branding, re-positioning, and re-capitalizing the country’s largest convention hotels and conference centers.
Hyatt Centric Waikiki
This hotel showcases our experience in converting an office building into a critically-acclaimed Hyatt Centric hotel product enhanced by leased space to internationally renowned retailers such as Nordstrom’s Rack, Starbucks, and Jamba Juice. Additionally, we have been successful in negotiating land lease extensions in Waikiki.
DoubleTree Magnificent Mile
The hotel showcases our experience in converting hotel rooms to high-caliber Hilton Grand Vacations timeshare units. Additionally, the hotel showcases our expertise in loan restructuring, refinancing, re-capitalizing, brand conversion and re-aligning unused space to create high-demand lease space.
DoubleTree Suites Houston Galleria
The hotel showcases expertise in adapting lodging products for the specific market demand through converting underutilized suites into increased roomcount in a high-occupancy market.
Warwick Rittenhouse Philadelphia
This project showcases our expertise in negotiating hotel management contracts and re-positioning a lesser-recognized branded hotel product to a higher-yielding independent hotel.
Dr. Wilkinson’s Hot Spring
Dr. Wilkinson’s Hot Spring Resort is the first project in a new investment strategy focused on California destinations. The resort demonstrates how Chartres Lodging’s sourcing, renovation and asset management combined with Sightline Hospitality’s independent hotel management expertise can dramatically improve the value, the positioning, and the offerings of small but complex resorts in key leisure destinations around California.
Novotel Times Square New York
The project showcases our experience in physical asset transformation and re-launch, converting a tired midscale product into a Times Square icon.
Sheraton Denver Downtown
Part of the $750 Million Adam’s Mark portfolio acquisition, the hotel is an example of our expertise in successfully renovating and re-positioning the country’s largest convention hotels and conference centers. Additionally, the hotel showcases our experience in structured dispositions. In this case, the fee-hold interest was carved out and sold years in advance of the lease-hold disposition, driving a lower blended cap rate and higher return for the ownership.
Hyatt Regency St. Louis
Part of the $750 Million Adam’s Mark portfolio acquisition, the hotel is an example of our expertise in successfully renovating and re-positioning the country’s largest convention hotels and conference centers. Additionally, the hotel demonstrates our expertise in successfully identifying the optimal brand and management structure to drive top and bottom-line performance.
Hyatt Regency Jacksonville
The hotel is a further demonstration of our expertise in successfully renovating and re-positioning the country’s largest convention center hotels and conference centers.
Pan Pacific Union Square San Francisco
The hotel showcases our expertise in sourcing off-market product through manipulating the purchase right of a third-party fee owner. Additionally, we successfully negotiated a guaranteed NOI through the management agreement.
Sir Francis Drake San Francisco
The hotel showcases our experience in comprehensively renovating the back-of-house building systems of a historic building to create an institutional quality asset suitable for Public REIT acquisition.
DoubleTree Metropolitan New York
This hotel is an example of the strategic acquisition of our main competitor in the same submarket of another hotel investment we had in the same submarket. Knowledge gained from our investments in New York served as a roadmap to make this one of our most successful investments.
Radisson Lexington New York
This investment project highlights our experience in making selective capital improvements that have an outsized impact on financial performance.
Essex House New York
The Chartres Lodging Group advised the buyer on this purchase which would be celebrated as the American Lodging Investment Summit “Deal of the Year” for 2005.
Courtyard Long Beach
The project showcases our experience partnering with a public pension fund. We sourced, renovated, and managed the hotel through to its successful disposition.
Hyatt Place Waikiki
The Hyatt Place Waikiki demonstrates Chartres Lodging’s ability to transform severely challenged and dated hotels into institutional quality hotels with record-breaking financial performance. The project also showcases our expertise in negotiating Hawaiian land lease terms and conditions.
Hilton Omaha
The hotel highlights our long relationship advising public owners, in this case the City of Omaha on the some of the country’s most iconic convention center hotels.
Allerton Hotel Chicago
The project again showcases our experience completely transforming historical landmark hotels into independent icons.
Embassy Suites Baltimore
The hotel showcases our ability to completely transform and re-brand landmark hotels through minimal capital investment.
Radisson Blu Minneapolis
The hotel is an example of our expertise in transforming landmark assets and creatively negotiating Hotel Management Agreements to include performance tests that benefit the owner.
Inn of Chicago
This project showcases our ability to achieve a transformation in profit and index performance through a highly limited renovation scope and budget.
Grand Hyatt San Antonio
Chartres Lodging was hired onto this project as a third-party pre-opening and opening Asset Manager. The hotel serves as a good example of our team’s ability to use our experience in transitioning large urban hotels to assist other real estate owners in the earliest stages of their hotel development projects.
National Conference Center Virginia
This project demonstrates Chartres Lodging prowess in asset managing large-scale conference centers. This investment was a conversion from an in-house corporate meeting and lodging facility to a conference center available for public use. The project had a limited budget for capital improvements and the manager selection proved a critical element for success.
Hyatt Bethesda
Chartres Lodging served as a third-party Asset Manager for this longstanding community icon. This project serves as an example of how our company’s investment ethos can assist owners even if their long held assets do not have an immediate renovation or re-positioning plan.
Nikko Alivila Okinawa
This hotel was part of a multi-hotel portfolio acquisition in Japan. Chartres Lodging lead the sourcing, acquisition, and asset management planning for this portfolio, which became the seed investment of Japan’s first Hotel-only JREIT.
Oriental Meriken Park Kobe
This hotel was part of a multi-hotel portfolio acquisition in Japan. Chartres Lodging lead the sourcing, acquisition, and asset management planning for this portfolio, which became the seed investment of Japan’s first Hotel-only JREIT.
Oriental Namba Osaka
This hotel was part of a multi-hotel portfolio acquisition in Japan. Chartres Lodging lead the sourcing, acquisition, and asset management planning for this portfolio, which became the seed investment of Japan’s first Hotel-only JREIT.
Kawasaki Nikko Hotel
This hotel was part of a multi-hotel portfolio acquisition in Japan. Chartres Lodging lead the sourcing, acquisition, and asset management planning for this portfolio, which became the seed investment of Japan’s first Hotel-only JREIT.
Shin-Urayasu Oriental Hotel
This hotel was part of a multi-hotel portfolio acquisition in Japan. Chartres Lodging lead the sourcing, acquisition, and asset management planning for this portfolio, which became the seed investment of Japan’s first Hotel-only JREIT.
Hotel Nikko Tokyo
Chartres Lodging was hired as a third-party Asset Manager by an American fund who was looking for US-formed strategies for renovation and asset management that could successfully inform a portfolio of hotel investments in Japan. We established a bi-lingual Japan-based Asset Management team of experts with unique international and US experiences specifically focused on strategies to assist this portfolio.
Royal Pines Urawa
Chartres Lodging was hired as a third-party Asset Manager by an American fund who was looking for US-formed strategies for renovation and asset management that could successfully inform a portfolio of hotel investments in Japan. We established a bi-lingual Japan-based Asset Management team of experts with unique international and US experiences specifically focused on strategies to assist this portfolio.
Royal Pines Moriguchi
Chartres Lodging was hired as a third-party Asset Manager by an American fund who was looking for US-formed strategies for renovation and asset management that could successfully inform a portfolio of hotel investments in Japan. We established a bi-lingual Japan-based Asset Management team of experts with unique international and US experiences specifically focused on strategies to assist this portfolio.
Royal Pines Wakayama
Chartres Lodging was hired as a third-party Asset Manager by an American fund who was looking for US-formed strategies for renovation and asset management that could successfully inform a portfolio of hotel investments in Japan. We established a bi-lingual Japan-based Asset Management team of experts with unique international and US experiences specifically focused on strategies to assist this portfolio.
Karuizawa Club Nagano
Chartres Lodging was hired as a third-party Asset Manager by an American fund who was looking for US-formed strategies for renovation and asset management that could successfully inform a portfolio of hotel investments in Japan. We established a bi-lingual Japan-based Asset Management team of experts with unique international and US experiences specifically focused on strategies to assist this portfolio.
Karuizawa Club Ishigakijima Okinawa
Chartres Lodging was hired as a third-party Asset Manager by an American fund who was looking for US-formed strategies for renovation and asset management that could successfully inform a portfolio of hotel investments in Japan. We established a bi-lingual Japan-based Asset Management team of experts with unique international and US experiences specifically focused on strategies to assist this portfolio.
Fusaki Village Ishigakijima Okinawa
Chartres Lodging was hired as a third-party Asset Manager by an American fund who was looking for US-formed strategies for renovation and asset management that could successfully inform a portfolio of hotel investments in Japan. We established a bi-lingual Japan-based Asset Management team of experts with unique international and US experiences specifically focused on strategies to assist this portfolio.
Partners
|
|
|
Awards
Founded 17 years ago, Chartres Lodging is proud to have received a number of accolades.