Focus:
Hotel development and ownership in the full service, premium limited-service, and mid to upper end extended stay segment.
Park Place's development efforts are focused on these segments. We have identified markets, sites, and product to fill the void of supply and day-to-day operations with a commitment to enhancing the asset value of the property by maximizing the bottom line.
Park Place has a strategy for growth and profitability. Our strategy is not a road map but a compass. Although there is no clearly defined path of success, we have researched and evaluated the past mistakes of our industry, and have developed a direction that meets the current and future demands of the consumer.
