A World-Class Hospitality Company

Development

Partnering for Success

As a preferred hospitality management partner leading institutional hotel owners and lenders, Crestline Hotels & Resorts, LLC is a growth driven company.  Since its establishment in 2000, Crestline has aggressively expanded its portfolio through existing business partnerships and new hotel management agreements from hotel property owners that strive to exceed in performance.

Crestline's scope of expertise includes all major brands, as well as independent and boutique hotels, several of which are university affiliated or historic in nature.  From full-service hotels and resorts to select service properties, Crestline has the operational teams in place to maximize revenue and optimize results.

Our Associates are highly skilled and practiced in bringing to market new properties as well as rebranding hotels and repositioning failing properties. Entering into partnership with each ownership group, Crestline sets goals, expectations and delivers exceptional results.

Crestline's Expertise Includes:

  • High-end full service boutique / independent hotels
  • Upper upscale full service hotels and resorts such as Marriott, Westin, Hyatt, Hilton, Crowne Plaza and Holiday Inn
  • Premium branded, upscale select service hotels such as Courtyard, Hilton Garden Inn, Residence Inn, Homewood Suites and Hyatt Place
  • Conference Centers --including members of the International Association of Conference Centers

Crestline's Owners

Owners of Crestline hotels, as well as the major brands, have consistently recognized Crestline with the industry's highest accolades.  Crestline enjoys long-term relationships with many of its owners who repeatedly engage Crestline to manage additional hotels. Crestline manages properties for a large variety of ownership entities including:

  • Public and private REITs
  • Institutional equity funds
  • Individual / family owners
  • Lenders and special servicers
  • Hotel developers

Crestline's Management Focus

Crestline understands that different owners have different goals. Working with each ownership entity Crestline helps the owner evaluate his asset and determine a course of action.   Crestline then tailors its management focus and contracts for the specific needs of each owner and asset which may include:

  • Positioning the asset for long-term returns or short-term sale
  • Managing brand expectations in the face of restricted capital availability
  • Sourcing equity or debt investment through network of trust capital partners
  • Adhering to contract terms and cash restraints required by special servicers and lenders
  • Providing GAAP and SOX-compliant accounting statements

Development Projects and Acquisitions

Crestline Hotels & Resorts, LLC actively seeks new hotel and resort development projects.  Crestline provides pre-opening services that include underwriting, brand and lender recommendations and negotiations, and pre-opening marketing and operations.

For hotel buyers, Crestline provides underwriting and market assessments.  Crestline will evaluate immediate capital expenditure requirements and price-out brand PIPs.

Network of Trust Capital Partners

Crestline can help source equity or mezzanine financing through its network of trust capital partners.  Crestline can also provide direct mezzanine or working capital loans.  Crestline actively tracts acquisition opportunities nationwide and can assist in sourcing new investment leads.  In addition, Crestline is actively looking to acquire portfolios of hotel properties where Crestline can increase the assets' values by taking over management.

A Track Record of First Class Development Projects

Crestline's development, operations and sales and marketing teams collectively create a powerful and experienced turnkey leadership group for new hotel development and renovations.  Some of the teams most recent success stories include:

  • Management acquisition of 34 hotels in a three month period in 2015.
  • The Emory Conference Center Hotel, Atlanta, GA - LEED Silver certified expansion/renovation, 327 rooms, 32,000 sq. ft. of meeting space.

For more information about Crestline's investment interests please contact Kevin Coyer at 571-529-6355 or by email at Kevin.Coyer@crestlinehotels.com.