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Axar Hotels |
11776 Stratford House Place
Suite 102
Reston, VA 20190 |
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Company Description |
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BUSINESS VISION STATEMENT
To focus on and further evolve our core skills - developing and operating profitable hotels which are staffed by the industry’s finest.
ASSOCIATE’S MISSION STATEMENT
To provide associates with the opportunity to reach meaningful lifetime goals in the hospitality industry
GUEST MISSION STATEMENT
To provide a distinct guest experience in an environment which is clean, friendly, safe, timely, and consistent |
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Company Statistics |
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| Year founded | 2004 |
| Number of employees | 165 |
| Computer software | Unifocus; System 21; Guesview; Profit Manager; MS Office, WIndows, etc |
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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, Suburban |
| Franchise affiliations | Marriott, Hilton, Intercontinental
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| Properties are located in |
Virginia, Washington D.C. |
- We are owners and operators with equity in 6 properties.
- We operate a total of 6 properties.
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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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