News

Sai Hospitality Completes the Successful Sale of the Holiday Inn Express Hinesville Fort Stewart

September 9, 2015  -  Sai Hospitality Management Company, LLC (“Sai Hospitality”) has successfully turned around and sold the 86-key Holiday Inn Express Hinesville Fort Stewart, GA.  Sai Hospitality took over operations of the hotel in June 2014 and significantly improved operations and investor transparency and more than doubled annual cash distributions within a 14-month period.  Under Sai’s management, the hotel’s NOI margin increased from 23% to 33% and allowed the investors to materialize liquidity on their equity.  The hotel’s investor group realized a significant return on their equity through Sai’s management and Sai’s exit strategy.

Read More