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Island Hospitality |
50 Cocoanut Row, Suite 200
Palm Beach, FL 33480 |
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Company Description |
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Island Hospitality Management is a National Hotel management company with a stellar reputation for it's expertise in managing upscale extended stay, select service and full service hotels across major brands such as Marriott, Hilton, Hyatt, Sheraton and many more in demographically divergent markets with varied demand generators that require intense focus on differing market segments.
Our company is nationally recognized for its ability to successfully improve a property's bottom line through stringent P&L controls and standards. While paying attention to each and every line item thereby ensuring generous bottom line flows, we never lose sight of our guests and the need to maintain the highest standards of service, cleanliness and ambience. The ownership perspective of maximizing top line revenue without sacrificing net operating income is deeply entrenched in our corporate culture. We aggressively pursue this goal.
We are a fast moving, performance-based, goal oriented organization, where passionate, competent and focused individuals are given the tools, guidance and techniques to make a difference. Based in Palm Beach Florida, we operate hotels across the United States. We are one of the largest independent, third-party hotel management companies serving the industry with over 70 hotels in our portfolio. |
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Corporate Executives |
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Company Statistics |
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| Year founded | 1986 |
| Number of employees | 4,000 |
| Computer software | GOLDMINE, ACPAC, ADP, PAGEMAKER, WORD PERFECT. LOTUS, MICROSOFT OFFICE, ETC... |
| Regional offices in | Palm Beach, FL
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Property Portfolio |
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| Types of properties we operate |
Hotel, All Suite, Extended Stay |
| Types of locations |
Airports, Major Cities, Small Cities, Suburban, Small Towns |
| Franchise affiliations | RESIDENCE INN BY MARRIOTT
COURTYARD BY MARRIOTT
TOWNEPLACE SUITES BY MARRIOTT
HAMPTON INN
HILTON SUITES
HOMEWOOD SUITES BY HILTON
HILTON
EMBASSY SUITES
SHERATON
WESTIN
BEST WESTERN
GATEHOUSE INN
SUNSHINE STATE INN
THE BULFINCH HOTEL BOSTON
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| Properties are located in |
California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Illinois, Indiana, Kentucky, Maine, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Texas, Virginia, Washington |
- We are owners and operators with equity in 10 properties.
- We operate a total of 80 properties.
- We manage properties for others, with management contracts on 70 properties.
- We represent 80 properties.
- We are hotel developers currently working on 6 projects.
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Company Characteristics |
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| Capital Allocation | The company annually allocates capital dollars to all properties. |
| Accounting | Centralized. |
| Reporting Requirements | We provide properties a reasonable degree of autonomy while providing overall leadership and direction. (Less than 10 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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Internet Links |
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