Terrapin is a hotel management company that operates all of the major hospitality brands nationwide. We specialize in hospitality real estate investment, development and third-party management in growing markets. We are committed to the highest standards in our industry and operate each of our hotels accordingly with a balanced approach to include excellent financial results, a comprehensive focus on superior guest satisfaction and long-term team member retention.
Effective property management begins with the perfect balance between the best possible guest experience and maximum profitability. At Terrapin Hotel Management, we have successfully managed a portfolio of properties throughout the country, working with some of the premier brands in the industry including Hilton, Marriott, and Intercontinental Hotel Group.
We apply a 360-degree management style to each property in our portfolio, leveraging our extensive experience in the areas of sales and marketing, construction and renovations, purchasing, financial reporting, and human resources to build customized solutions that dovetail to the specific needs of your property.
Effective property management begins with the perfect balance between the best possible guest experience and maximum profitability. At Terrapin Hotel Management, we have successfully managed a portfolio of properties throughout the country, working with some of the premier brands in the industry including Hilton, Marriott, and Intercontinental Hotel Group.
We apply a 360-degree management style to each property in our portfolio, leveraging our extensive experience in the areas of sales and marketing, construction and renovations, purchasing, financial reporting, and human resources to build customized solutions that dovetail to the specific needs of your property.
Services
As long-time owners of different hotel properties around the country, we at Terrapin Hotel Management were constantly challenged by the difficulties involved in finding a company that was able to best represent our interests on the ground.
We found that we were constantly forced to divert resources to manage things ourselves so we ultimately decided to create a series of owner-centric systems designed to manage our diverse portfolio in a way that maximized efficiency and profitability while accounting for each property's unique attributes.
We found that we were constantly forced to divert resources to manage things ourselves so we ultimately decided to create a series of owner-centric systems designed to manage our diverse portfolio in a way that maximized efficiency and profitability while accounting for each property's unique attributes.
Terrapin Hotel Investment and Management services include increased financial performance, sales and marketing, guest services, human resources and renovations.
We employ a series of financial management and reporting tools that allows us to track all income and expense categories of every property.
We meticulously review the income statements every month and report out all variances and how we will correct them.
We use the power of the M3 accounting system, which we've found to be the most efficient way to monitor and manage all aspects of financial operations including payables, receivables, margins, and cash flow.
We employ a series of financial management and reporting tools that allows us to track all income and expense categories of every property.
We meticulously review the income statements every month and report out all variances and how we will correct them.
We use the power of the M3 accounting system, which we've found to be the most efficient way to monitor and manage all aspects of financial operations including payables, receivables, margins, and cash flow.
Tony Sherman saw an opportunity after 9/11 and entered the hotel business in 2003 with the acquisition of a Ramada Limited in Tucson, Arizona.
After the management company he hired had failed to even create a brochure or place print ads (this was before the Internet was so important) he had no choice but to fire them after 3 months and take over himself.
During the next 2 years, Terrapin significantly increased revenue and sold the property for 50% more than the original price paid.
His second hotel was a Fairfield Inn, and Marriott International required him to hire an 'approved' management company.
After the management company he hired had failed to even create a brochure or place print ads (this was before the Internet was so important) he had no choice but to fire them after 3 months and take over himself.
During the next 2 years, Terrapin significantly increased revenue and sold the property for 50% more than the original price paid.
His second hotel was a Fairfield Inn, and Marriott International required him to hire an 'approved' management company.
Welcome to our all-suite, extended stay hotel, where spacious rooms with kitchens make you feel at home.
Our hotel was completely renovated in 2019 giving you a brand new feel and is located just 6 miles from downtown Athens.
Settle in at Candlewood Suites Athens and enjoy the following amenities which include a 24 hour business center, 24 hour fitness center, 24 hour Candlewood Cupboard offering food and beverages for purchase, dry cleaning and laundry service and outdoor picnic tables, gazebo and grill.
Our hotel was completely renovated in 2019 giving you a brand new feel and is located just 6 miles from downtown Athens.
Settle in at Candlewood Suites Athens and enjoy the following amenities which include a 24 hour business center, 24 hour fitness center, 24 hour Candlewood Cupboard offering food and beverages for purchase, dry cleaning and laundry service and outdoor picnic tables, gazebo and grill.
Comfort Suites located in Arlington offers spacious accommodations with the classic amenities modern travelers prefer.
Our smoke-free hotel is near popular attractions such as Six Flags Over Texas and AT&T Stadium, home of the Dallas Cowboys.
Our friendly staff is committed to ensuring you have a great night's rest.
Start your day with a free hot breakfast that includes eggs, fresh fruit, yogurt, pancakes, and our famous make-your-own waffles.
If you have some downtime, we invite you to visit the visit the outdoor pool, relax with a snack in the picnic area, or go for a workout in the fitness center.
Our smoke-free hotel is near popular attractions such as Six Flags Over Texas and AT&T Stadium, home of the Dallas Cowboys.
Our friendly staff is committed to ensuring you have a great night's rest.
Start your day with a free hot breakfast that includes eggs, fresh fruit, yogurt, pancakes, and our famous make-your-own waffles.
If you have some downtime, we invite you to visit the visit the outdoor pool, relax with a snack in the picnic area, or go for a workout in the fitness center.
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