So many Superior Small Lodging owners and investors ask us all the time is there an organization of company that supports us and helps grow our business? There are quite a few really good local and national companies and organizations that can help and here are a few. If you have not seen or heard of “Select Registry” as a Superior Small Lodging owner or manager you are missing out big time! Select Registry is the Expeida.com of the Superior Small Lodging world but only for select Superior Small Lodging and has its own travelers rewards program how is that for support. Here is another great business resource Oigidecht Properties LLC DBA: Oigidecht Hotels and Resorts is a member of “Professional Association of Inn keepings International”. This association is the real deal and has great insight into the industry and PAII is mandated to provide education, information, networking, advocacy, business opportunities and research relating to the innkeeping industry. Every year the association has a incredible tradeshow and educational classes so do not get left out sign up for a membership today. If I left this one out I would be crazy… “Florida Superior Small Lodging Association” is Florida States best resource for owners and investors of Superior Small Lodging. With approximately 180 properties throughout 15 locations in Florida this association is a incredible resource for all. Scott the Executive Director is on the ball and knows lodging in Florida and was a Superior Small Lodging himself you just cannot beat that kind of insight. These all can help you grow your business as owners and managers with powerful resources.
What if you are looking to buy, invest or just want to know if you should do either in any real estate Inn keeping market in the USA? Well Oigidecht suggests investing first in a PKF report of your local city or town first before buying a Superior Small Lodging. PKF will tell you what Occupnay, ADR and REPAR looked like in the past 5 years and project what it will look like in the future 5 years, you just cannot pass up that kind of insight. We also suggest a PKF report or Smith Travel Research report if you have and existing Superior Small Lodging and you want to know how your are doing compared to other Superior Small Lodging in your city are town or if it is time to sell your Superior Small Lodging.
Below are the sites you can do your own investigation and see that fits your Superior Small Lodging as an owner or investors;
Select Registry- is a collection of North America’s most distinctive inns.
The association was founded in the late 1960s by Norman Simpson, the "father of Country Inn travel in America." In his pioneering book, Country Inns and Back Roads, Simpson noted that "each (member) inn is original and unique, a reflection of the personalities and tastes of the individual innkeeper-owners…this was never intended to be a total guide to country inns in the United States and Canada, (but rather) a carefully selected group of inns. The purpose is to encourage travelers to visit…and to experience this unique type of personal hospitality…"
Professional Association of Innkeepers International - In 1988 two innkeepers, Pat Hardy and JoAnn Bell, created the Professional Association of Innkeepers International (PAII) as an outgrowth of their successful monthly
Managing and operating a Bed & Breakfast to provide guests with stays that are rewarding and memorable is a multi-faceted challenge requiring many skills. Finance, management, marketing, technology, cooking, decorating, cleaning, safety, customer service, staffing — the list is practically endless. Where do innkeepers turn to for the gamut of information, education and the hands-on "know-how” needed to be able to deliver these outstanding guest experiences? They turn to one another, which is the reason the Professional Association of Innkeepers International (PAII) was founded.
Florida Superior Small Lodging Association- FSSLA of Florida is a non-profit association of independently owned properties with fewer than 50 rooms.
Florida Superior Small Lodging Association (FSSLA) is a member owned, non-profit enterprise, providing brand awareness for property operators with no more than 50 rooms. Each Superior Small Lodging (SSL) is inspected and selected for its cleanliness, personalized service and charm. Participation is an earned privilege and members must demonstrate an ongoing commitment and adherence to the requirements of the program. By booking a Superior Small Lodging, guests experience authentic local culture and character. Superior Small Lodgings stand for one-of-a-kind vacations. It's our innkeepers' pledge. Florida Superior Small Lodging (FSSL) Association is the managing organization for the Florida SSL brand. Annual dues are paid directly to this group.
PKF Hospitality Research- Pannell Kerr Forster (PKF) was founded in 1969 when four accountancy firms from Australia, Canada, the United Kingdom and the United States joined together to create an international association.
PKF Consulting USA, LLC has been acquired by CBRE Group, Inc., a Fortune 500 company and the world’s largest commercial real estate services and investment firm. PKF Hospitality Research, LLC (PKF-HR) owns the database for Trends® in the Hotel Industry, the statistical review of U.S. hotel operations which first appeared in 1935 and has been published every year since then. PKF Consulting professionals use the Trends® database to assist their clients - hotel owners and operators, financial institutions, real estate developers, investors, and governmental agencies - in making informed decisions. The Trends® database is the oldest and most comprehensive source of hotel financial information in the United States.
Smith Travel Research, Inc- STR was founded in 1985 by Randy and Carolyn Smith in Lancaster, Pennsylvania
We are the industry leading data provider. Our commitment to clients is to provide confidential, reliable, accurate and actionable data to assist in strategic and operational decisions. Our years of experience have enabled us to define and create standardized reports. However, we understand some requests require customization and our extensive data warehouse allows us to cut and aggregate data to meet your specific needs. The innovative way we store, manage and process data allows us to produce real-time reports, historical trends or recreate the industry at a given point in time.
I hope this helps you as a Superior Small Lodging owner, manager or investor.
Oigidecht Hotels and Resorts
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