QUORUM HOTELS & RESORTS

Acquisition & Joint Venture Formation

Quorum will source, underwrite and present timely lodging investment opportunities for consideration.  Our extensive experience in hotel acquisitions can help you strategically add to your real estate holdings. With over 20 years of continued-service in the industry, Quorum is presented with numerous acquisition opportunities through our client/partner network of institutional owners. Quorum can work with your acquisition team to present and evaluate opportunities that match your investment objectives, i.e. location, size, niche, etc.

Development Services

Quorum experts can work with your team of design & architectural professionals to ensure that value is built into the facility from the start. Quorum has assisted numerous investors in the overall planning and designing of new hospitality projects. Our featured development project is LA LIVE in Los Angeles, CA. The 54‐story facility will include both a JW Marriott and Ritz‐Carlton hotel, as well as 200+ Ritz Carlton Residences.

Due Diligence & Underwriting Services

Investors, lenders and owners engage Quorum to assist in underwriting their lodging opportunities. Working with your team of design and architectural professionals, our experts will ensure that value is built into the facility from the start. We provide a real world perspective as to the condition and market potential for those assets.

Brand Selection

Which brand a hotel uses is one of the most important decisions an owner can make. It tells the consumer what pricing, services and amenities to expect. But all brands are not created equally nor are they supported equally by their corporate owners.
 
Branding can determine the success or failure of a hotel in a given market. Our corporate experts have the experience of dealing with 22 international brands - knowledge that is essential in determining the right flag at the right terms for your hotel. Additionally, Quorum’s relationships with major franchising companies have enabled us to renegotiate short term action plans which resulted in the retention of existing brands for hotels.  We can assist in any aspect of the brand process, whether new or existing.

Quorum has consistently exceeded our expectations over the years, particularly ...
- David Brown - President & CEO - Somera Capital Management, LLC