Accruing decades of experience served us well while helping build an independent hotel management company into a corporate giant. After weathering multiple mergers, IPO's and acquisitions, we vowed to hold true to the values of long-term relationships – not transactional ones.
In 2002, Prospera, fueled by balance, was born from that desire to seize the opportunities of long-term relationships over transactional relationships. We believe where one invests time is where one’s values are – and client choice illustrates this. When we began to manage our first property, originally a Ramada Inn in downtown Pittsburgh, PA, we transitioned it into a DoubleTree by Hilton Hotel & Suites, which is still a premier property in our portfolio today.
Within our first year of business, we received the prestigious Hilton CARE Cup Award, unheard of for a first-year hotel, let alone one managed by a new, small independent start-up.
Our first property set the tone for who we wanted to be: committed to quality, recognizing what’s broken, rebuilding it into a valuable asset, and working closely with our clients and team to turn things around.
In 2020, we stayed true to our values, but pivoted to serve an industry in crisis. By offering flexible, easy-in, easy-out contracts, and by stepping up to help with hotel receiverships, we believe we can help properties in all areas of management need to survive – and even thrive – during and after the coronavirus pandemic.
A balanced approach is rare for a company our size. Today we continue to nurture a sustainable portfolio, which is only possible by cultivating business and associate relationships with the long-term and flexible view in mind.
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