Executive Summary
Urgo Hotels develops, owns, operates and asset manages hotels.
Members of our senior management team and our Chairman have founded, grown and
managed hospitality companies, and have extensive experience acquiring, financing,
developing, redeveloping, repositioning, operating, asset managing and selling hotel
properties. Our senior management team and our Chairman have an average of 20 years of
experience in the lodging industry.
Portfolio of 31 hotels today with approximately 4,303 rooms
In 2011, RevPAR exceeded the RevPAR of the competitive properties in their respective
markets by an average of 30%
Assets sales of approximately $325M have resulted in an IRR of 40% with an equity multiple
well in excess of 10:1.
Manages over $189 million of annual revenue.
Added 13 hotels in the last 2 years with 1,701 rooms representing a 72% increase in the
number of hotels and rooms under management.
Recognized as one of the top 100 hotel developers by Hotel Business Magazine and by the
Marriott and Hilton franchise communities as one of the top performing hotel operators.
Long-term well established relationships with brands, lenders, brokers and investors
including the Carlyle Group, the Artery Group, RLJ, Inland America, the Lerner Enterprises,
GE Capital, Wells Fargo, Royal Bank of Canada, Marathon Fund, Marriott, and Hilton.
Courtyard St. John’s, NF SpringHill Suites Old Montreal
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