Yatish is a Hospitality Broker in Southern California. He holds a Bachelor of Science degree in Hotel Administration from the University of Nevada Las Vegas and a Master’s Degree in Real Estate Development from the University of Southern California.

Aug
20

Hotel Broker Mark Beadle Successful Escrow Closed Savannah, Georgia

Scope of Work:

Mark Beadle a Hotel Broker: Just Sold-Guest House Southside – Savannah, Georgia 

Description of Project:

Mark Beadle a Hotel Broker in Atlanta Georgia with HTL Hospitality Advisors is pleased to announce the recent sale of the Guest House Southside in Savannah, Georgia.   HTL represented the seller, a local Savannah individual in the transaction, which saw the 102-unit extended stay property close on July 27th.  The buyer of the property was a Savannah based investment entity.   The buyer plans a complete renovation of the hotel as part of its plan to reposition the property within the marketplace.  The operating statistics for the property reflect that the hotel ran high 50’s and mid 30’s occupancy and average daily rate respectively.  The property traded at about a two times room revenue multiple.  Financing for this transaction was provided through South Coast Bank & Trust in Brunswick, GA.  

Project Status:

For additional information please contact Mark Beadle at 770-971-3005 or via email at .

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Aug
18

Hospitality Consulting: City of Garden Grove, California

Scope of Work:

Hospitality Consulting Garden Grove, California

Description of Project:

Florida T. Booth, a Hotel Consultant with HTL Hotel Advisors is currently working with the City of Garden Grove to attract non-Disneyland related tourism activity and subsequent tax dollars to the city.  The relationship has been on-going, beginning in the planning stages for proposed entertainment venues on redevelopment sites in the city, analyzing proposed subsidies and potential returns to the city, as well as reviewing entertainment concepts/options and optimal facilities.  One of these projects, a Great Wolf Water Park hotel, is scheduled to open in 2016.

Project Status:

For additional information please contact Florida Booth at 415-925-8800  or via email at .

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Aug
07

Hotel Appraisal & Hospitality Consulting Lake Tahoe California

Scope of Work:

Hospitality Consulting & Hotel Appraisal, Lake Tahoe, CA

Description of Project:

Florida T. Booth, a Hotel Consultant with HTL Hotel Advisors, performed a Hotel appraisal of a nationally known resort in the Lake Tahoe region of California to estimate the market value of the fee simple interest in the public space and related management fee income from the hotel condominium units.  Further, our research and analysis included the separation of business income from the management of the condominium units from the market value to successfully challenge the County’s real property tax assessment.  In addition, the report estimated the value of the development rights for an entitled parcel of land on the site.

Project Status:

For additional information please contact Florida Booth at 415-925-8800  or via email at .

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Jul
27

Hospitality Consulting & Hotel Asset Management California: Dolce Hays Mansion Conference Center

Scope of Work:

Hospitality Consulting & Asset Management for the Dolce Hays Mansion Conference Center, San Jose, CA

Description of Project:

HTL Hospitality Advisors was appointed by the City of San Jose, CA as the hotel asset manager for the 214-room, four star, resort & spa, conference center with 24 meeting rooms with 33,000 square feet of first class, meeting space.  The historic resort hotel located on 26 acres in Silicon Valley area of Northern California was originally constructed by the City at a cost exceeding $70 million.  Tony Dimond is the lead advisor on the assignment which has included increasing the revenues by 135% and returning the GOP to a positive position.  Other primary responsibilities include ongoing over site of the facility’s operations, budget reviews and approvals, renovation coordination and reporting to the City of San Jose on all phases of the project.

Project Status:

For additional information please contact Tony Dimond at 916-714-5615  or via email at .

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Jul
20

Hotel Real Estate Brokerage assignment on behalf of ORIX Capital

Scope of Work:

Hotel Real Estate Brokerage assignment on behalf of ORIX Capital

Description of Project:

HTL Hospitality Advisors was selected by ORIX Capital as a Hotel Broker to sell the Lighthouse Lodge & Suites located on the Monterey Peninsula in Garden Grove, California.  Joel Hiser was the lead hotel broker in the sale and was assisted by Anthony Dimond as a hospitality Consultant and Veno Nathraj as a Hotel Broker.  The property was sold for a price of $10,000,000 or slightly less than four times annual revenue. The buyer, Pacifica Companies based in San Diego, CA, planned to complete a multi-million dollar renovation.  The 104 unit hotel has 65 standard rooms and 29 cottages and includes a full liquor license.  HTL Hospitality Advisors managed of the hotel for the owner prior to the sale.

Project Status:

For additional information please contact Joel Hiser at 415-925-8800  or via email at .

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Of this we are certain, no one is better qualified and positioned to assist clients in succeeding with their hotel, tourism and leisure projects, assets and investments than the hotel experts at HTL Hospitality Advisors.

Call us today at (415) 925-8800