Kokua Hospitality Celebrates Eighth Anniversary, Adds The Powell Hotel
Friday February 28th, 2014 - 3:22PM O
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CHICAGO—This month, Kokua Hospitality, LLC, a management firm based here, celebrates its eighth anniversary with the addition of the eighth property under its umbrella, The Powell Hotel in San Francisco.
“Over the past few years, Kokua Hospitality has created a strong reputation for management excellence and delivering exceptional value and return for our owners,” said Chief Operating Officer Phil Tufano. “We’re continuing to evolve and our recent efforts have been focused on developing a proprietary centralized revenue management platform and a corporate infrastructure to accommodate the expected growth in the coming years.”
Kokua Hospitality was conceived in 2006 and today offers adaptive and transparent property management to eight hotels, with a total of more than 2,700 rooms nationwide. Other properties in the firm’s portfolio include the DoubleTree by Hilton Chicago Magnificent Mile, The Allerton Chicago, Inn of Chicago, Aloft National Harbor, Embassy Suites Baltimore-Inner Harbor and Hyatt Place Waikiki Beach.
Kokua Hospitality also has the ability to couple property management services with Chartres Lodging Group, LLC, who offers asset management, renovation and development management, investment advisory and brand analysis, disposition and recapitalization. Kokua Hospitality, LLC, is a hotel management firm founded by its parent, The Chartres Lodging Group, LLC.
Tags: Kokua Hospitality • The Powell Hotel • The Chartres Lodging Group • anniversary • Hospitality • Management Companies •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.