Friday, May 7, 2010

Hotel Development Group Formed to Acquire and Create One-of-a-kind Resorts

The Taylor Group to Seek Beach and Ski-related Properties

HONOLULU, Hawaii,—Officials of The Taylor Group announced  they have formed a new company to acquire and create one-of-a-kind, four- and five-star resorts in Hawaii, Mainland U.S. and Southeast Asia. The company has established relationships with several equity groups to fund the growth plan.

“Great, memorable resorts are as much an experience as they are a location,” said Mark Taylor, principal of The Taylor Group.

 “Because of the economy and the so-called AIG effect, resorts have suffered significantly in the last downturn, which has negatively affected values.

"While transaction activity remains stunted, we believe that over the next 12 to 18 months there will be a significant increase in acquisition opportunities. However, buying solely on price will only start the cycle over again.

“What will set our properties apart is creating a four- and five-star resort experience through cutting-edge design and service.

"We are on the cusp of a new generation of hotels and resorts, and we intend to be trend setters that attract and retain guests and generate higher profits,” he said.

"Working with hotel management companies, brokers and its own extensive relationships, The Taylor Group will seek out full-service hotels with 200 to 400 rooms. Meeting and convention-oriented resorts are not a priority.

“Our hotels will be both branded and independent, but each will be positioned in a class different from all other hotels in their respective markets,” Taylor said. “Our roots are in design and experience creation, which we believe will give our hotels a strong competitive edge in all phases of the hotel cycle.”

The company plans to grow at a measured rate, adding one to two properties a year. “The original Rock Resorts concept is probably the closest business model, but we will add our own experience derived from developing and designing numerous hotels to create our own personality,” Taylor noted.

“Each of our hotels will be very indigenous to its locale. The resort will be a haven and be designed to achieve a specific mood and setting, complemented by a strong food and beverage experience.”

Mark Taylor, principal, will lead The Taylor Group. With more than 25 years’ experience in the design and development of hotels, he has been involved in creating and recreating resorts and hotels on Mainland U.S., Hawaii, Australia and South East Asia.

 Properties range from the five-star St. Regis Hotel, Resort and Residences in Deer Valley, Utah (top left photo) to the Royal Hawaiian Hotel (middle right photo)  and Sheraton Hotel in Waikiki. (lower left photo)

Headquartered in Honolulu, Hawaii, The Taylor Group is an acquisition-focused company that brings experience-related concepts and design to the resorts it acquires. Additional information about the company:

Contacts: The Taylor Group International LLC, 2255 Kalakaua Avenue, Sheraton Waikiki Manor Building, Honolulu, Hawaii 96815, Phone: (808) 931-8624, www.thetaylorgrp.com

 Jerry Daly or Chris Daly, media, (703) 435-6293

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