Initial Plans & Planning
Initial Plans & Planning
Final Plans & Move On
Final Plans & Move On
Ground Breaking
Ground Breaking
Construction
Construction
Now Open
Now Open
We are In Business
We are In Business
Our Philosophy : Conception Through Asset Disposition.

Simraj Management Hospitality's Ground up Development Philosophy is based on an opportunistic strategy of developing hotels in markets that exhibit Restrictions on New Supply, competitive hotel RevPAR when compared to national averages, and/or RevPAR growth in the preceding two years that exceeds the industry for the same period.

Company Seeks to Target Markets that are either:

(1) Emerging High-Growth Areas

(2) Maturing Markets Where the competitive Hotels Exhibit Economic Obsolescence

We Develop Premium Brands, typically under the Hilton, IHG, La Quinta , Choice and Wyndham  flags due to their proven ability to earn significant market share.

Seeking Opportunities

The Company draws upon its Extensive Network of Brokers, Owners, Franchise Representatives, Managers, Investors, Lenders, and Market Consultants to Generate Development Opportunities

  • Identify site
  • Arrange franchise license
  • Negotiate ,Acquisition Contract with extended due diligence periods
  • Obtain third party feasibility, environmental, geotechnical, title and design studies
  • Develop initial 5 year operations budget and construction budget
  • Draft preliminary drawings; prepare for and complete entitlement process
Pre Construction & Construction Phase
  • Engage Architect and Engineers for Complete plans and Budget
  • Conduct and Complete Interviewing and Bidding Process for Contractor
  • Establish "PERT" Chart for the Scheduling of all Building/Construction Phases
  • Commence Construction
  • Provide Extensive Construction Project Management Services
Pre Opening - Prep Starts before 120 days

As the Development Process nears end, the Company deploys its Asset management Team Which Directly Oversees

  • Hotel Staffing,
  • Marketing Plans,
  • Operating Budgets and
  • Capital Replacements.
  • "Punch out" Final Building and Obtain a Certificate of Occupancy
  • Open the Hotel for Business

 

Latest News

0

Hampton Inn - Lebanon PA

Image

85-room New Hampton Inn Planned in Lebanon county on Route 422 in North Lebanon Township as soon as it secures some necessary paperwork from the state

Candlewood Suites - York

Image

85-room Candlewood Suites is expected to open in December or January

Holiday Inn Express & Suites

Image

Holiday Inn Express & Suites construction could start soon in Fairview Township

© 2017 Simraj Hospitality Management LLC. All rights reserved.

This website is owned and maintained by Simraj Hospitality Management LLC - a licenced user of certain Properietory trademarks & logos  of Respective Brands Displayed.

Website by : go4hotelsdirect