INVESTMENT FOCUS
District Hospitality opportunistically invests in and transforms troubled hotels into high-performing assets. Our strategy is to buy at well below replacement cost and renovate or reposition the product during the first 12-18 months.
We target markets with strong overall growth prospects, significant barriers to entry, and a stable hotel inventory with solid historical occupancies, and prefer sun belt areas supporting knowledge-based industries built around technology, finance, education, and healthcare.
We then grow NOI for disposition with the goal to double within four years. We use conservative leverage intending to generate generous cash flows while waiting for the right time to exit or refinance when it appears industry growth will continue indefinitely.