winston-hospitality

Overview

Winston Hospitality, founded in 1991, is a family-owned leader in the hotel industry, focusing on development, acquisitions, and management. The company boasts over 30 years of experience and has overseen the management, development, and acquisition of more than 95 hotels, comprising over 12,000 rooms across 23 states. Winston Hospitality is headquartered in Raleigh, NC.

Company Structure and Leadership

Winston Hospitality began as a hotel management company and later evolved with the establishment of Winston Hotels, a publicly-traded Real Estate Investment Trust (REIT) previously listed on the NYSE under the ticker WXH.

Executive Leadership

• Robert W. Winston III, Chief Executive Officer and owner, has significantly expanded the company’s portfolio.

• Brent West, Chief Financial Officer, leads strategic and tactical financial management efforts.

• Patti Bell, Vice President of Human Resources, is responsible for team engagement and resource management.

• Watts Winston oversees daily operations of hotel assets as Vice President.

Strategic Growth and Milestones

Winston Hospitality has a notable history of strategic financial partnerships and achievements:

• 2002: Secured a $100 million joint venture with Charlesbank, concentrating on value-add investments.

• 2003: Formed a partnership with GE Franchise Finance, launching a national lending platform.

• 2007: Successfully sold Winston Hospitality's assets for $850 million, marking a 350% shareholder return since its IPO.

• The company remains active in the management, development, and acquisition of premium branded and independent hotels.

Achievements and Recognitions

The company's commitment to high standards in operations and development has earned it numerous accolades:

• Gold and Platinum Awards from Marriott International for guest satisfaction.

• Hilton Hotels' Most Improved Service Awards as well as Developer of the Year recognition.

• The Circle of Excellence Award from Promus Hotels.

• Discerning dining accolades noted by Connecticut Magazine for Best Hotel Dining.

Recent Developments

Winston Hospitality is currently focused on high-value acquisitions, applying stringent criteria for investment and site selection to ensure healthy returns. One of their recent significant financial transactions is a $59 million loan secured in partnership with Concord Hospitality for a San Antonio hotel recapitalization project initiated in February 2025.

Contact Information

To contact Winston Hospitality, visit their office at 4140 Parklake Avenue, Suite 525, Raleigh, NC 27612. Inquiries can be sent via email to info@winstonhospitality.com or by phone at (919) 995-3391.

Competitor Profiling for Winston Hospitality

Overview

Winston Hospitality navigates a competitive landscape consisting of various established hotel groups and independent management companies worldwide. Key competitors include Best Western Hotels & Resorts, DoubleTree by Hilton, Kimpton Hotels & Restaurants, Trust Hospitality, among others.

Key Competitors

• Best Western Hotels & Resorts: With approximately 4,500 independent hotels across 100 countries, Best Western is headquartered in Phoenix, Arizona, under BWH Hotels. The brand encompasses 19 brands ranging from economy to luxury, providing extensive brand support and marketing resources.

• DoubleTree by Hilton: Known for its robust global presence, exemplified by options like DoubleTree by Hilton Adana in Turkey, offering premium amenities along with Hilton's recognized hospitality. Hilton Worldwide operates more than 8,400 properties, underpinned by a comprehensive rewards program boosting customer loyalty.

• Kimpton Hotels & Restaurants: Part of IHG Hotels & Resorts, Kimpton specializes in boutique hotels and restaurants, with 77 open hotels and 61 in development, noted for delivering personalized and unique guest experiences in the lifestyle and luxury segments.

• Trust Hospitality: Based in Coral Gables, Florida, this company specializes in independent hotels management, carving a niche in lifestyle management over 30 years. Trust Hospitality handles both branded and boutique hotels, expanding its reach in places like the Eastern United States and the Caribbean.

Competitive Landscape

Winston Hospitality operates in a diverse and geographically expansive competitive landscape. Companies such as Avocet Hospitality, Golder Hospitality, and South Congress Hotel add to this competitive environment, offering niche specialized services or localized experiences contrasting with the broad reach of larger chains like Marriott or Hyatt, who maintain substantial market shares.

Implications for Strategy

To preserve and boost its competitive position, Winston Hospitality could consider enhancing distinct service offerings, forming strategic partnerships, or advancing technology enhancements. Identifying emerging trends in guest preferences through precise market analysis could aid in distinguishing its brand in a competitive marketplace. Additionally, fostering loyalty through unique guest experiences and exceptional personalized service could significantly bolster Winston Hospitality's strategic advantage over its competitors.