Hospitality Lodging Systems' 2015 growth includes 10 new hotels

The two brands operated by Atlanta-based Hospitality Lodging Systems (HLS) continued steady growth in 2015, finishing the year with 25 Budgetel properties that together have 2,107 rooms, and three Haven Hotel properties that together have 197 rooms.  

This represents a growth of 39 percent during 2015 for Budgetel, which the company began operating effective Nov. 1, 2014 with 18 properties. The Haven Hotel brand was introduced in December, 2014 as a new soft brand.

Four additional properties are under development and expected to open during the first quarter of 2016 -- two as Budgetel and two as Haven Hotels.


Like this story? Subscribe to Operations & Technology!

Hospitality professionals turn to Operations & Technology as their go-to source for breaking news on guestrooms, food & beverage, hospitality and technology trends, management and more. Sign up today to get news and updates delivered to your inbox daily and read on the go.

According to Doug Collins, chairman and CEO of HLS, HLS expects to achieve a growth rate of 35 percent in 2016, selling and opening about 15 properties.

“Better hotel profitability starts with a better brand contract -- that, quite simply, is our appeal to owners,” Collins said.

Suggested Articles

The new leader will oversee Sage’s hotel and restaurant operations, creating and executing strategies that strengthen and grow the division.

Marin Management’s founder revealed plans to retire later this year as IHG, Dream Hotel Group, Aimbridge Hospitality and others added new leaders.

Absolute values for ADR and RevPAR were the highest that STR has ever benchmarked, but RevPAR’s growth rate was the lowest it’s been since 2010.