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ForStar Hotels |
2901 Collins Ave
Miami Beach, Florida, USA 33140 |
| Phone | 305-532-2511 ext 252 |
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Company Description |
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| Started in 1992 - operate hotels in Miami Beach, Jamaica, Curacao and Dominican Republic, projects under development in St Lucia, Puerto Rico and Argentina. Specializing in mid market resorts, turning around distressed hotels and openings. |
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Company Statistics |
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| Year founded | 1992 |
| Number of employees | 25 |
| Computer software | Logistix, |
| Regional offices in | Miami Beach
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Property Portfolio |
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| Types of properties we operate |
Resort, All Suite, Condominium, Time-Share, Marina |
| Types of locations |
Resorts |
| Franchise affiliations | Independents, Comfort Suites & Resorts, Quality Inn, Four Points by Sheraton
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| Properties are located in |
, Miami Beach, Dominican Republic, Curacao and Jamaica
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- We are owners and operators with equity in 3 properties.
- We operate a total of 8 properties.
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Company Characteristics |
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| Capital Allocation | The company annually allocates capital dollars to those properties that need capital. |
| Accounting | Some properties centralized/some decentralized. |
| Reporting Requirements | We are very entrepreneurial and give our properties broad direction and then let them operate with a minimum of reporting. (Less than 3 hours of reporting requirements per month.) |
- The company is very sound financially.
- We are adding additional properties to the portfolio every year.
- We have a strong track record of promoting people based on performance, results, and willingness to relocate.
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