Axar Hotels is a premier hotel development and management company, focused on operating upscale extended-stay and select-service properties in suburban and secondary markets. The principals of Axar Hotels have a combined 75 years of hotel development and management experience, and have developed over $90 million in hotel assets. Many of these properties have been new builds, and almost all of them have been operated under the internationally recognized brands of Hilton Hotels, Intercontinental Hotels Group, Choice Hotels International, Carlson, Wyndham Worldwide, and Marriott International.
Going forward, our growth strategy is to develop and/or acquire hotels in airport and corporate locations with multiple demand generators and high barriers to entry. The latest additions to our portfolio are the Country Inn & Suites in downtown Savannah, the Wingate Inn at Nashville Airport, and the Staybridge Suites Chantilly at Washington Dulles International Airport.