Ascent on Main
Parker, CO, USA
Achieved Strong Performance since Management Takeover of 7-Hotels Portfolio
The properties – including two Holiday Inn hotels, two Holiday Inn Express hotels, two Candlewood Suites and an independent boutique hotel, Ascent on Main (formerly The Laszlo) – make up the Rockies 7 portfolio. Our discussions leading up to this agreement were thoughtful, meaningful and targeted on immediate needs as we fought through and continued to outperform 2019 amidst the COVID-19 year of 2021. This is a portfolio of assets that we were able to immediately add value through our deeply experienced corporate team, putting structure, process and dynamic sales initiatives in place, while bringing our unique associate-driven culture to these properties and this region.
Gatlinburg, Tennessee, USA
Achieved Strong Performance since Management Takeover
Our partners at Kemmons Wilson (KW) added a Holiday Inn Express to their portfolio with the new build of the Gatlinburg asset. Following KW Hospitality Partners becoming a stakeholder in Valor, our team assumed the management of the hotel and continued to grow both occupancy and rate in the market. Most importantly, we posted record revenue and NOI performance during the COVID-19 pandemic.
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