Prospera is a hotel and restaurant developer, as well as a hotel, resort, restaurant and convention center manager. We specialize in:
Ground Up Development: Through the operational expertise of our management team, we prudently recognize opportunities for new hotel development and complete redevelopment in underdeveloped markets for a variety of full-service and upscale hotels around the world, including full-service, extended stay and limited service.
Hotel repositioning: From assessing feasibility, culling feedback from frontline employees and guests, to regularly measuring effectiveness of the implemented strategies, Prospera provides relevant and progressive hotel repositioning services for a variety of limited- and full-service independent and branded hotels and resorts.
Real estate acquisition: We’ve performed all phases of hotel acquisition due diligence in transactions totaling over $2 billion. Such experience is indispensable at each stage, from identifying preferred markets and creating positioning strategies, to overseeing financial and legal processes.
Restaurant development: Prospera handles all stages of restaurant development, from concept, to restaurant design, to menu and beverage program designs. We also guide marketing and sales and profitability procedures. We can help create restaurants or provide consulting.