Corporate Profile

Palmer-Gosnell Management

8130 Boone Blvd
Suite 100

Vienna, VA 22182

Telephone (703) 893-1450

Company Description

Palmer- Gosnell Management is a small management company seeking to grow over the next few years with quality of product not quantity. We opened our first Fairfield Inn by Marriott in Fredericksburg, VA in 1996. Our Second Fairfield Inn by Marriott opened in Woodbridge, VA in 1997; winning the "Hotel of the Year" honors for 1998 from the brand. We expanded in 2000 with a Hampton Inn in Woodbridge, VA. We have receently opened our fourth property a Fairfield Inn by Marriott near Dullus Airport in Chantilly, VA.

We soon may be actively pursuing management contracts where our expertise and performance levels will help outside ownership groups.

We will primarily grow in the Baltimore Washington area and concentrate on the quality brands of Marriott and Hilton. Growth oriented company seeking to reward and empower motivated hospitality professionals.

Company Statistics

Year founded
96
Number of employees
80
Computer software
Microsoft
Regional offices in
Vienna, Virginia

Property Portfolio

Types of properties we operate
Hotel
Types of locations include
Airports, Suburban
Franchise affiliations
Fairfield Inn by Marriott
Hampton Inn and Suites, Hilton
We have properties located in
Virginia
Portfolio summary
  • We are owners and operators with equity in 4 properties.
  • We operate a total of 4 properties.
  • We are hotel developers currently working on 2 projects.

About Our Company

Capital Allocation
The company annually allocates capital dollars to all properties.
Accounting
Partially 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.)
Company characteristics
  • 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.