Case Studies

Holiday Inn Express & Suites Belmont/Mt. Holly

Opportunity

In 1999, we built this 65-room hotel from the ground up. After careful evaluation, Maya Hotels decided to add 27 rooms to the hotel in 2007. At the time, the addition presented obstacles like increasing parking on a limited footprint, increasing boiler capacity, and preserving the waterway located beside the addition.

Result

Maya Hotels completed a comprehensive design plan that included a total renovation of the existing building which was approved by the franchise. In February of 2008, Maya Hotels officially opened the new wing of the hotel successfully and on schedule.

The renovation and addition of this mid-scale property created significant value, and the property continues to generate strong financial results.

Candlewood Suites – Mooresville, NC

Opportunity

After reviewing market data and recognizing opportunity, Maya Hotels purchased land to build an extended stay hotel. The challenges faced in this project ranged from environmental wetlands impact, traffic studies, and city/county requirements to secure the permits. We did all this while trying to meet a construction completion deadline of August 2012 in order to welcome guests for the 2012 Democratic National Convention in Charlotte, NC.

Result

In January 2012, Maya Hotels signed its first room’s contract with the Department of Defense to secure all rooms for the Democratic National Convention starting the last week of August 2012. Many said that we could never meet that date. However with focus and our extensive vendor relationships, Maya Hotels opened the hotel and welcomed the convention delegates on August 27, 2012.

This beautiful property continues to see year over year RevPAR growth and strong financials.

Holiday Inn – Homewood, AL

Opportunity

Built in 2007, Maya Hotels acquired the full service Holiday Inn in Homewood, Alabama on September 30, 2014. The hotel presented a substantial opportunity to expand on our full service brand affiliation. Maya Hotels identified the property as under managed and poorly maintained, causing it to under penetrate the market and perform below its competitive set of hotels.

Result

Maya Hotels is currently in the process of preparing the hotel for major renovations and a brand conversion to better position the hotel for its future. The main obstacle for this property is the aggressive timeline we have set for the renovation. Maya Hotels will accomplish this by working closely with our franchise and design team to mitigate any delays. Please stay tuned for the updated results of this current project.