Southern Hospitality, Inc. was established in 1986 by Robert E. Slater as a full-service hotel management company.  We are headquartered in Oklahoma City, Oklahoma. From inception, the company managed all types of hotel properties, primarily for financial institutions, including distressed properties in highly competitive markets.  With an emphasis on "all that it takes" to provide exceptional customer satisfaction, the company accomplished extraordinary turnarounds of the hotels it has managed.

During the first four years of operation, the company served banks, life insurance companies and other lending institutions, including the Federal Deposit Insurance Corporation (FDIC), Federal Savings and Loan Insurance Corporation (FSLIC), and savings institutions controlled by the Resolution Trust Corporation (RTC).  The responsibilities of the company in such regard included property operational reviews, market studies and strategies, loan evaluations, borrower-lender reviews, management concerns, receiver responsibilities, brokerage and all phases of lodging property consultation.

Ownership structure

Southern Hospitality, Inc. has acquired each of its investments as one on one purchases under separate ownership. All transactions to date are related by affiliated ownership and the fact that Southern Hospitality, Inc., under a separate management contract, manages all of the properties.

Ownership for each property is a separately formed limited partnership with a separately formed corporate general partner. The general partner is a corporation or limited liability company (LLC) with Robert E. Slater, Jr., President of Southern Hospitality, Inc. as the principal shareholder/manager.

The general partner contributes cash equivalent of approximately 1% of the total equity requirement of the share of the original equity capital. Typically, a select group of private investors, as limited partners, have provided the balance of the cash equity, generally up to 30% of total property cost, including purchase price, renovation reserves, financing and closing costs, among other items constituting the total investment amount.

After nearly half a decade of successful operation of a management company, Robert Slater recognized there were numerous opportunities to acquire outstanding properties throughout the United States.  These opportunities, combined with the management experience of the Southern Hospitality team created the right set of circumstances for the purchase and take-over of outstanding, but under-performing, hotel properties and then to successfully market these properties.

 

   This strategic change accelerated the growth of the company.  In 1990, the company only managed properties owned by other individuals, institutions, or companies.  Since then, through affiliated limited partnerships, the company has acquired, added value to and sold numerous hotels and has managed a hotel portfolio with a wide range of franchise affiliations such as Doubletree, Radisson, Holiday Inn, 4 Points by Sheraton and Hampton Inn. The current portfolio of hotels include:

Charlottesville, Virginia - DoubleTree   Woodward, Oklahoma - Northwest Inn
Cocoa Beach, Florida - DoubleTree Oceanfront    
     

 

Management Engagements since 1996

Doubletree Hotel, Charlottesville, Virginia

Doubletree Hotel, Cocoa Beach, Florida

Doubletree Hotel, Novi, Michigan

Doubletree Club Hotel, Lake Buena Vista, Florida

Holiday Inn Select, Diamond Bar, California

Holiday Inn Northeast, Columbia, South Carolina

Holiday Inn Tulsa South, Broken Arrow, Oklahoma

Radisson Hotel, Union City, California

Radisson Suites Inn, Augusta, Georgia

Four Points by Sheraton, Lubbock, Texas

Four Points Hotel, Fort Smith, Arkansas

Hampton Inn, Landover, Maryland

Hampton Inn, Casper, Wyoming

Northwest Inn, Woodward, Oklahoma

Ramada Inn, Tucson, Arizona

Ramada Plaza Sky Harbor, Tempe, Arizona

Howard Johnson Express Inn, Cocoa Beach, Florida

 

Mission Statement

The mission of Southern Hospitality is to provide total customer satisfaction to achieve more than the company's fair share of the market in which it operates a hotel.  By doing this, it can provide a superior rate of return to the company's investor partners.

 

Our Culture

 

Awards

Southern Hospitality, Inc.

Charlottesville Doubletree

Cocoa Beach Doubletree

Doubletree Club Hotel, Lake Buena Vista, FL

Radisson Hotel, Union City, CA

Holiday Inn Select, Diamond Bar, CA