Phoenix American Hospitality Launches $50m Reg A Offering

USA, Dallas, Texas. August 28, 2019

Phoenix American Hospitality, a Dallas-based opportunistic hotel fund manager, has launched its $50M Reg A offering, American Hospitality Properties REIT, Inc.

The American Hospitality Properties REIT, Inc. was created with a focus on identifying and acquiring limited and upscale select service hotels in the United States. These acquisitions provide cash flow and value-added opportunities for the company.

"We are thrilled to announce this new offering and the opportunities it will present for our company," said Perch Nelson, President and Chief Executive Officer of Phoenix American Hospitality. "After the success of our last offering, we are excited to continue to focus on acquisition and management opportunities to expand our ever-growing portfolio."

This announcement comes shortly after the closing of Phoenix American Hospitality's successful $50M Reg D offering, American Hospitality Properties Fund III, LLC, which allowed the company to acquire 17 upper midscale and upscale select service hotels in the United States.

This new offering is available for accredited and non-accredited investors at an offering price of $10 per share with a minimum purchase of $5,000 for both qualified and non-qualified accounts.

Phoenix American Hospitality intends to seek investments that meet the following characteristics:

  • Expense Reduction: Aggressive cost reduction, increasing cash flow
  • Location: Urban market, business travel focus
  • Occupancy: Increased business travel demands higher rates
  • Strong Brand Affiliation: Hotels with worldwide brands with strong systems including Marriott, Hilton and Hyatt
  • Barriers to Entry: Greater market share due to limited available hotel franchises
  • Pricing Opportunity: Acquire hotels at below replacement cost

About PAH Management

Media Contact:

Amy Wood
Account Coordinator
MCA Group
T: 214-654-0402
E: Amy@mcaprgroup.com
W: http://www.hmcaprgroup.com

Subscribe to our newsletter
for more Hotel Newswire articles

Related News

Choose a Social Network!

The social network you are looking for is not available.

Close
Coming up in February 2020...

Social Media: Social Listening Tools

The reach and influence of social media is staggering. Nearly 3 billion people use social media daily, posting a range of messages, selfies, images, and everything in-between. According to HubSpot, almost 4 million posts are uploaded to the major social networks every single minute! That's an astounding amount of content and it is crucial for hotels to skillfully use social media in order to effectively compete. From establishing a suitable brand identity and voice to creating content across all the major networks (Facebook, Twitter, Instagram, Pinterest, etc.), the goal is to actively engage consumers and to eventually convert them to customers. Some hotels are initiating online contests as a way to attract new customers, while others are rewarding customers with discounts who subscribe to the their email lists or follow their social media pages. Another recent strategy is to employ social media listening tools that track what people are posting online about their businesses. These tools allow hotels to monitor - or listen to - what's being said about a brand across the entire social web, and this can prove to be very valuable, unfiltered information. Social listening permits hotels to be aware of people's opinions about their business, industry or competitors, and some of these tools even listen beyond social media platforms. They also monitor publicly available information on blogs, forums, news outlets and websites. Some listening tools are more focused on gathering and analyzing data, while others offer more engagement-oriented features, which allow hotels to interact with people right from the platform. Often the information that is gleaned from these listening tools ends up being the most authentic, unbiased insights a business can get. The February Hotel Business Review will document what some hotels are doing to successfully integrate social media strategies into their operations.