From Start to Finish We’ve Got You Covered

Our Expertise

Investment

With over $1 billion of historical hotel transactional and development experience, Prospera’s process is thorough, turnkey, and time-tested. As our growth plan places quality over quantity, it is paramount that each new project is accretive to our portfolio. We adhere to a strategically managed growth model that allows us to concentrate on greater services against a smaller number of hotels and provide optimal resource scalability and operational efficiencies within our portfolio. It also enables us to develop strategic capital and operating plans on each investment to optimize financial returns and create long-term value enhancement.

We pride ourselves on using our decades of industry experience to process complex transactions with great speed allowing for quick decisions. We also believe our reputation is paramount and pride ourselves on the ability to close on agreed-upon terms with sellers and partners. We are continually seeking new opportunities through ground-up development, adaptive re-use, and acquisitions.

Planning + Development

Prospera Hotels is a vertically integrated hotel development company that takes a direct approach to development by creating lasting value and tying it in with our commitment to environmental sustainability that is unmistakable in our numerous re-use projects.

We explore all opportunities for the near future and long-term, and manage our development growth to have numerous projects in the pipeline at all times as it takes years to conceive, design, finance, build, and open a hotel. The Prospera team goes through extensive due diligence, thorough analysis, and collaborative evaluation with each project.

Strong partnerships with the hotel industry’s leading brands and lenders have provided Prospera the opportunity to develop more than $1 billion in projects, spanning nearly every hotel segment. Our development philosophy is characterized by imagination, resourcefulness, and quality. We maximize each dollar invested in a property, which yields top-tier hotels that lead their competitive set and generate the highest possible profit.

Our expert team has more than 100 years of combined design, contracting, and development collective experience and oversees every phase of development, including acquisition, debt and equity financing, entitlement process, project design, construction, rehabilitation, repositioning, and asset management. Since our first property in 2002, we have developed a track record of on-budget, on-time, and on-strategy design and development of many creative and unique hotel projects that have earned us numerous Developer of the Year awards.

Design + Construction

We believe that a unique understanding of each brand is the key to great design. We aspire to create a timeless, creative design for each property, using inspiration from a variety of sources like the beauty of nature or the historical roots and culture of the market in which we are developing. By researching demographics, we work hard to formulate a story for every design scheme. Prospera offers In-House Design Services and/or collaborates with a talented team of designers to materialize cost-efficient designs that translate beyond brand standards into a memorable guest experience. Our holistic, distinctive design strategy and dedication to research has made our work renowned for its exceptional quality among our brand partners. Our strategy includes Concept Development, Furnishing Design, Planning & Design, On-site Design Coordination, Brand Standards Implementation, and Project Management.

Thereafter, our In-House Construction team brings the Design Story to life. We self-perform on a variety of building trades, which allows us to maintain careful control throughout the entirety of the construction process. We are able to lower construction costs and create value while still ensuring a high-end, quality product. Our team diligently leads the project through Pre-Construction, Construction & Design Build, and Construction Management.

Management Services

Our expertise in management includes both asset management and on-site property management. Through a bottom-up approach in analyzing potential for increasing operational efficiency, we are able to ensure that our properties maximize market share and profitability. We also utilize competitive analysis benchmarking and revenue management processes. For our owners and investors, we optimize bottom-line profit by managing our expenses and employing a hands-on revenue management strategy that maximizes top-line revenues. To perfect our guest’s experience, every one of our team members is trained to provide flawless levels of service that is focused on warmth, generosity, and care.