Mission & Vision
WHO IS SPRINGWOOD HOSPITALITY?
- We’re a Hilton- and Marriott-branded select-service and extended-stay hotel developer and manager, operating within 200 miles of our York, Pennsylvania, headquarters.
- Healthy investor returns and regular cash distributions drive our financial decisions.
- Unparalleled guest satisfaction drives our local decisions.
- Accredited investors invest in our hotels for cash returns and diversification.
- Community banks provide moderate mortgage leverage to fund our hotels.
- We develop hotels in high-barrier-to-entry markets.
- We also provide third-party management services for hotel owners.
- We win national awards because we are driven to excellence and people notice our results.
THE SPRINGWOOD ESSENTIALS:
- Do what is fair and right, always. These behaviors are the cornerstones of our success.
- Diligently pursue excellence. We practice habits that create excellence in everything we do.
- Take ownership of your actions and their outcomes. This is the basis for us working as a team.
- Proactively create growth and value. This mindset empowers us to outperform the competition.
- Challenge the status quo. We continually improve what we do and how we do it.
WHAT IS SPRINGWOOD’S HISTORY?
Springwood Real Estate Services was founded in 1996 by its principal David H. Hogg. It developed and managed retail and multifamily properties, and it dabbled in hotels using outside consultants. In 2013 Springwood and its affiliates managed more than 1.25 million square feet of commercial, hotel, and residential property, including 548 guest rooms and nearly 700 residential units.
Springwood and its affiliates have profitably developed more than 20 projects worth roughly $200 million in central Pennsylvania and northern Maryland. They have helped high-net-worth entities and individuals invest approximately $75 million of private capital in these real estate ventures. EVERY investor has enjoyed a positive return in EVERY Springwood project.
Springwood Hospitality started in 2007. In 2015 Springwood Real Estate Services was sold, and Springwood Hospitality became our ONLY business. We’re focused exclusively on developing and managing Hilton and Marriott branded hotels and doing it with excellence.