American IDEA Hotels believes that new life can be breathed into every asset and our strategic PIP programs ensures that every opportunity to create value is examined.
We believe that not every PIP should be the same in order to maximize the ROI for each owner, and that every hotel brings a unique opportunity to compliment our portfolio.
As such, our in-house development team works with our partners to create a bespoke, turnkey conversion plan and provide adaptive reuse PIPs for guest rooms and public areas.
We like to start with “YES” and believe that we can provide opportunities for significant value situations where:
An asset has great bones, but has slipped down the brand scale chain or,
An asset may no longer fit within a brand’s mold (exterior corridor assets) or,
No other brand is available within the market and ultimately,
An asset requires a PIP upgrade just to maintain a flag, but may not provide the value-add ROI for the PIP.
We look forward to exploring your distinct conversion and new-build opportunities - please contact: development@AmericanIDEAHotels.com
Every IDEA is its own.