Business View Magazine | June 2020
61 BUSINESS VIEW MAGAZINE JUNE 2020 Hospitality America LEADING THE WAY IN HOTEL MANAGEMENT occupancy, #19 in ADR (average daily rate), and #16 in RevPAR (revenue per available room). The total value of Hospitality America’s current managed assets approaches $600 million and produces just over $100 million per year in total revenue. Impressive numbers achieved through a legacy of knowledge, experience, and ambition, with a soupçon of risk taking along the way. It’s a classic tale of the master and his prodigy. Old school meets new school. In essence, the success story that Hospitality America President & CEO Christopher Cargen has created and that H ospitality America, Inc. is a third-party hotel management and asset management company, operating from offices in Nashville, TN, Greenville, SC, and Miami, FL. Since its founding in 1995, the company has been associated with 40-plus properties, and now manages a healthy portfolio of 16. For many years, Hospitality America has ranked between #60 - #75 by total revenue as one of the Top 100 Hotel Management Companies published annually by Hotel Business and Hotel & Motel Management. In the last survey reporting such details, Hospitality America ranked #23 in facilities management
Made with FlippingBook
RkJQdWJsaXNoZXIy MTI5MjAx