Since 1982, Wright Investments has demonstrated a consistent record of delivering significant returns for their partners and clients. The Company is recognized and respected across the industry having earned numerous national awards for providing superior guest satisfaction and developing/managing some of the most exceptional hotels in the US. The Company’s sustained success through the years has been in 3 primary segments of the industry where they have proven formulas for successful growth:
The Company typically targets markets with unique opportunities for value enhancement. By definition all real estate is unique and we carefully approach and view each investment differently. Our investment strategy includes hotels that are acquired at a discount to replace cost and where we have the ability to enhance value through renovation, superior management and different types of branding and re-launching. We like locations that have the characteristics of a sense of place, emerging or untapped areas and some barriers to new competitive supply. We acquired approximately $180,000,000 in our last fund and expect to double that in our current fund.
Wright’s previous and current project management experiences encompasses adaptive reuse projects on historical assets, major renovations to existing hotels, conversion from independent hotels to branded hotels and branded conversions to lifestyle / soft-branded hotels. Wright executes third party project management as well.
Third Party Hotel Management
Wright’s experience includes managing for REITS, pension funds, private equity funds, lenders, special servicers, life insurance companies and private owners. The Company’s ability to produce strong cash flow and maximize asset value has helped them be recognized as one of the top hotel management companies in the United States. Wright has evolved the management team to comprehensively focus on ownership needs and provide the best suite of services to maximize the value of the hotels it manages.
To inquire about our business development, email Brandon Birkhead or contact us at 901-755-9501 extension 111.