This phase of the market is especially conducive to the condo/hotel arrangement, particularly in South Florida as land becomes scarcer and it makes more financial sense to revamp an existing hotel property and convert it into a condo-hotel. While this is not a new idea, it has certainly becoming more ubiquitous, as there isn’t a […]
In the press again | Hotel News Colombia – Inicia Construcción Sarani Resort en Bocas del Toro, Panamá
BHM’s Panama development project, Sarani Resort, was featured in Hotel News Colombia in a story titled Inicia Construcción Sarani Resort en Bocas del Toro, Panamá. The story highlights our resort that will soon be coming to Bocas Del Toro on the private island of Isla Pastor. Colombia, after the United States, is the largest contributor of Panamanian tourism. Read […]
Hotel Management Agreement Pricing
Negotiating a Hotel Management Agreement can be a much longer process than you imagined. What goes into making the agreement, which looks more like a book, is going to form the business relationship that may last as long as 30 years or hamper your ability to exit a property effectively. Negotiating the best contract for […]
Pelican Grand Beach – Fort Lauderdale, FL
The Pelican Grand Beach was acquired in partnership with with Urbana Realty of Atlanta who brought in Boutique Hospitality Management. Once a Best Western, the hotel was repositioned as a four star upscale beach resort but was unable to increase revenues and NOI as anticipated. After the takeover the results were almost immediate. Banquets Increasing […]
Fort Young Hotel Dominica | West Indies, Caribbean
The Fort Young Hotel was BHM’s first hotel project in remote island of Dominica. The island is absolutely pristine but remains mostly unknown throughout the world. With a population just over 300,000 the hotel marketing program would be absolutely essential to make the hotel successful. The Fort Young Hotel is nestled on the waterfront overlooking the […]