Developing for Long Term Success
Hospitality management services and hotel developments at Paragon Hotel Company are designed, and constructed in a way to provide enduring achievements resulting in long term profitability. Many “fee for service” developers gauge success based on accomplishing services in a timely fashion for the most reasonable price, overlooking the importance of quality and precision. At PHC, we measure the success of our hotel over a period of time.
We are conscientious and take pride in keeping within the realms of the budget and staying on schedule during our hotel developments. We at Paragon Hotel Company also value the magnitude of guest satisfaction resulting in developing our own standards of meeting financial projections, and maintaining quality over an investment period. Decisions involving short term hotel developments are based upon the impact of long term ownership. To prove our obligation, PHC makes a significant monetary investment in each of its hotel developments. Through cooperation, PHC and its investment partners maintain and manage success of each hotel project.
Paragon Hotel Company’s hotel assets, offering a highly valuable product with premium brand association, have proven to significantly top the competition in both occupancy and average room rate. Each of PHC’s properties have deliberately been situated to gain the most productivity of each particular market. By managing every aspect of our operations we have accomplished high investment returns
We are proud to develop and manage hotels that consistently achieve premium market share and investment returns. In all market conditions, our hotels have reached and will continue to reach the highest share in their markets, which allow us to create excellent value for our equity. Our asset management expertise completes our formula for success with systems and processes designed to provide our partners with top yields on their investment.