Springwood Hospitality has achieved significant milestones in recent years, with successful hotel sales exceeding $240 million since 2019. Additionally, the company has played a pivotal role in facilitating private capital investments of nearly $150 million from high-net-worth entities and individuals into various real estate ventures, showcasing their ability to attract and manage substantial financial resources.
Drawing on decades of collective hotel industry experience, Springwood Hospitality has leveraged its expertise to develop the proprietary ProfitFirstTM hotel investment process. This innovative approach reflects the company's commitment to maximizing returns for investors, optimizing operational efficiency, and ensuring the overall success of their hotel investments. By integrating this specialized investment process into their operations, Springwood Hospitality demonstrates a forward-thinking and strategic approach to real estate development and management in the hospitality sector.
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Springwood Hospitality LLC delivers a high quality hospitality product that is planned and designed to dominate its market segment. We consistently place our out-of-town visitors in their Homewood Suites, York, Pennsylvania, because Springwood’s management team cares for their guests and consistently provides a warm, inviting stay. As a commercial account, that pleases us. We are also investors in the property, and I believe their team’s commitment and professionalism will drive the returns we are looking for. The Springwood team and their early results at the Homewood have already led us to invest with them in their next hotel.
Our family has invested in all four Springwood Hotel projects so far. We learned a long time ago that we do business with people, and the Springwood team has some of the best in the business. We’ve been with them through up and down economies. Springwood cares equally for their guests and for their investors, and they consistently strive for operational excellence. Springwood has earned our trust, and their commitment and professionalism keep us coming back.
I have had the pleasure of working with Justin, Dave, and the Springwood Hospitality team on several hotel financings. Springwood has proven a strong understanding of the entire development process from site selection, to obtaining entitlements, to budgeting, and through construction management. They communicate early and often to ensure all stakeholders are informed throughout the process. Not only does Springwood deliver a best-in-class product to the market, they have the expertise to continue to manage the hotel at a high level of performance while understanding the unique markets in which they operate. Their reporting is thorough, organized, and delivered on time. I’m proud to partner with Springwood Hospitality.
I am pleased to recommend to any potential investor Springwood Development. Springwood’s Homewood Suites by Hilton, located in York, Pennsylvania, opened in December of 2008, a few months after the great recession began. This hotel since opening has consistently dominated the local hotel market. Springwood has issued distribution checks from project cash flow every year, starting in the very first year of operations. I am an investor in several other hotels. Springwood’s culture, professionalism, and investor-first mentality demonstrate a dramatic and refreshing difference from my other hotel investment experience.
