Grace Hospitality Group

Company Description

We are a privately held company whose employees love working for us! With three and four star hotels, and boutique inns, we enjoy variety and an entrepreunerial spirit at all levels. The company has been in Arizona since the early 1960's, with the hotel division created in the mid-90's. On target with our strategic planning, we focus on growing the company slowly and solidly - typically adding one new hotel per year. We own and operate three hotels, managing an additional four for independent owners. Financially sound, we provide opportunities for all levels of supervisors and managers to grow, learn, and profit.

Company Statistics

Year founded

1987

Regional offices in

Arizona

Property Portfolio

Types of properties we operate

Hotel, Resort

Types of locations include

Airports, Resorts, Major Cities, Suburban, Small Towns

Franchise affiliations

Independent
Best Western

We have properties located in

Alaska, Arizona, California, Iowa, Mexico

Portfolio summary

• We are owners and operators with equity in 3 properties.
• We operate a total of 7 properties.
• We manage properties for others, with management contracts on 4 properties.
• We represent 7 properties.
• We are hotel developers currently working on 1 projects.

About Our Company

Capital Allocation

The company annually allocates capital dollars to all properties.

Accounting

Partially centralized.

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.)

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.

Internet Links

• gracehospitality
• southwestinn
• prescott resort
• graceinn