Development Manager @developmentmngr
Development, acquisition and disposition of hotels. Extended stay niche. hrec.com Virginia, USA Joined December 2023-
Tweets620
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Followers88
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Following257
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Likes2K
We need land for hotel developers. If you have 2 ish acres in a decent area send me a message and we will take a look.
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Development Manager retweeted
McKibbon Equities announced the purchase of SpringHill Suites Tampa Westshore Airport. lodgingmagazine.com/mckibbon-equit… #hotels #hospitality
Development Manager retweeted
This is a weird thing to write, but I need to post it as a warning: Parents, there’s a decent chance your teenage daughter is getting recruited for online sex work. And it could easily be happening through her school, not—as most of us typically fear—from social media. Earlier…
Development Manager retweeted
Now I’m a bit shocked
Everyone says development is down but we have a list of developers looking for land. If you have land suitable for hotel development message me! #development #hotels
Development Manager retweeted
Want to share why I will never use @StubHub again. Bought 4 tickets to a Broadway show for tonight. Brought three kids. At 4pm we get notification that our purchased tickets will NOT be delivered. Miserable. But we're in NYC what are we going to do? There are no comparable…
You can buy a hotel right now for less than you can build one, why aren’t you buying?
We have a lot of qualified buyers for hotels, it’s time to recycle your capital and move up!
Development Manager retweeted
The story of the past 60 years in North DFW can be told by tracking real estate sales: 50 years ago - Massive plots of land were purchased for $100/acre 40 year ago - Those same plots were being sold for $1,000/acre 30 years ago - Those plots were being broken up and sold to…
Development Manager retweeted
Thoughts?
Development Manager retweeted
Will any major hotel brand mandate acceptance of Bitcoin as a form of payment by hotel guests? From LIIC - Lodging Industry Investment Council flash survey during NYU 2025 hotel conference.
I need land for hotel developers. Called on a listing yesterday- 2 acres in the NJ. $6,000,000. Whole can pay $6M for 2 acres of land? And no it wasn’t even close to NYC.
Development Manager retweeted
In 2024, Chick-fil-A had sales of $23B, up 20x since 2000. It is the 3rd largest food chain by sales in USA after Starbucks ($36B) and McDonald’s ($26B). CFA did this on only ~3k locations, much less than Starbucks (~38k) or McDonald’s (~40k). The chain averages $9.4m per…
Development Manager retweeted
In general, hotel real property values are stable; per LIIC - Lodging Industry Investment Council flash survey during think tank at NYU 2025 conference
Extended stay hotels are still trading, if you’re interested in finding one for your portfolio let me know!
Extended stay hotels are still trading, if you’re interested in finding one for your portfolio let me know!
Development Manager retweeted
Hotel CEOs at NYU International Hospitality Investment Forum @NYUIHIF cited encouraging metrics, global growth potential and evolving consumer priorities as reasons to stay optimistic amid macroeconomic and political uncertainty. bit.ly/3TfHxAw
This Week's Comings & Goings | May 22, 2025 — LODGING HREC Investment Advisors announced Renita Sommers as vice president in the firm’s new Virginia office. Sommers has over 20 years of experience in CRE, hotel development, and acquisitions lodgingmagazine.com/this-weeks-com…
The rise of the sub-$20 million hotel deal | Hospitality Investor. Hotels are a great addition to your portfolio. Extended stay hotels have a 40%- 50% GOP. Let’s find a hotel for you! hospitalityinvestor.com/investment/ris…
Development Manager retweeted
Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful. #BobProctor
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