News and Press
MHC Welcomes Home2 Suites Gainesville to PortfolioGermantown, Tenn. – November 7, 2018 – McNeill Hotel Investors ("McNeill") announced today that it has acquired the 95-room, select service, all-suite Home2 Suites by Hilton Gainesville (Florida), adding to the company’s growing portfolio and its geographic footprint in Florida. The announcement was made by Phillip McNeill, Jr., the company’s Chief Executive Officer.
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Navigating the RFP SeasonOctober 22, 2018
By Mark Ricketts President & Chief Operating Officer and Co-authored by Jennifer Driscoll, Vice President of Revenue Management, McNeill Hotels
Corporate travel comprises an extremely important component of any hotel's total room nights and overall revenues. Thus, the importance of the Rates for Proposal (RFP) for the corporate rates negotiation process each year. - HotelExecutive.com
Compassion keeps hotels going during Hurricane MichaelOctober 17, 2018
REPORT FROM THE U.S.—When Hurricane Michael barreled into the Florida Panhandle and then Georgia last week, some hotels in its path stayed open, accommodating guests and staff who had nowhere else to go, even as the properties suffered damages from the storm.
Others closed temporarily and prepared for the worst, which for some ultimately never came. Hear from Mark Ricketts as he is quoted in the article regarding our hotels in Destin, FL.
McNeill Hotel Executives Discuss Plans to Double PortfolioOctober 12, 2018
In September, McNeill Hotel Company announced plans to double the size of its portfolio after entering an agreement with an investment fund managed by Almanac Realty Investors for up to $150 million of capital. The company plans to steadily grow its portfolio through the acquisition, development, and management of select-service hotels under premium-branded flags from major domestic franchisors in secondary and select tertiary markets across the United States. LODGING sat down with McNeill Hotel Company’s President and COO, Mark Ricketts, and CFO, Chris Ropko, during this year’s Lodging Conference to discuss the agreement and planned expansion. - LODGING
McNeill Hotel Company acquires the Homewood Suites, Carmel INGermantown, Tenn. – Oct 3, 2018 – McNeill Hotel Investors ("McNeill") announced today that it has acquired the 137-room Homewood Suites by Hilton in Carmel, Indiana, expanding its geographic footprint to the Midwest and adding to the company’s existing portfolio of 18 hotels owned or managed by the affiliated McNeill Hotel Company. The announcement was made by Chief Executive Officer Phillip McNeill, Jr.
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Chris Ropko, CFO, Quoted in LODGING MagazineSeptember 26th, 2018
Hoteliers Express Optimism and Caution at The Lodging Conference
Chris Ropko, chief financial officer of McNeill Hotel Company, told LODGING that if there is a downturn in the hospitality industry, he expects it will be caused by supply rather than macroeconomic circumstances. “I think it’s going to be constrained to very specific markets. At the end of the day, we’ll be able to manage through it,” Ropko said. Click the link to read the full article.
McNeill Secures up to $150 Million Capital Investment, Plans to Double PortfolioSeptember 18, 2018
Germantown, Tenn.—McNeill Hotel Investors announced today that it has entered into an agreement with an investment fund managed by Almanac Realty Investors. Under the agreement, the fund has committed to provide up to $150 million of capital to McNeill. It is expected that the investment will allow McNeill to double the size of its portfolio through the acquisition, development, and management of select-service hotels using premium-branded flags from the major domestic franchisors located in secondary and select tertiary markets across the United States. - Lodging Magazine
McNeill Hotel Company Ranked at #56September 18, 2018
Hotel Business conducts an annual survey of hotel owners and developers to reveal the largest companies based on the number of rooms managed in the portfolio. McNeill Hotel company is ranked #56 with 17 hotels and 1855 rooms in our portfolio of Marriott and Hilton hotels.
Empowering Your Hotel Staff as a Leadership StyleSept 6, 2018
In simplest terms, empowerment means that staff members, when faced with an "out of the box" situation, can do more than just say: "I'm sorry." -- Mark Ricketts, President & COO
Southern Lodging Summit Presidents Panel includes Mark RickettsAugust 31, 2018
MEMPHIS, Tennessee—Industry leaders speaking on a general session panel at the Southern Lodging Summit in Memphis this week were optimistic about current hotel demand and performance trends, but couldn’t stress enough that labor issues are having a real impact on all aspects of the hotel industry. A variety of topics were covered during the session. Mark Ricketts, COO, mentioned our culture at McNeill Hotel Company as we have adopted a “more holistic approach” to employee retention and recruiting. McNeill created a video to help express the corporate culture and spread that word.“We also look now at not just the first 90 days (of a person’s employment), but even more,” he said. “Are people still getting the training they need? That’s our big focus for 2019. And we have to practice culture as well as make sure it happens.”
To read more click the link below.
Home2 Suites Waco Leads in OccupancyWaco, TX - August 21, 2018
Home 2 Suites by Hilton ranked number one on hotel occupancy rate for the second quarter of 2018. The Waco area ranked number one for hotel occupancy rate in the state for the second quarter of 2018. Click the link to see the story on KXXV Central Texas News Now.
Anna Rench Joins McNeill Hotel Company As VP, Asset Management And AcquisitionsAugust 14, 2018
GERMANTOWN, TN–-McNeill Hotel Company, a growing nationally-recognized hotel owner, developer, and manager, announced today that it has hired accomplished industry executive Anna Rench to serve as the company’s Vice President of Asset Management and Acquisitions. Mark Ricketts, President and Chief Operating Officer, made the announcement.
Eyeing ExpansionJuly 25, 2018
McNeill Hotel Company Looks To Grow Portfolio Following Infusion Of Capital
With a leadership team well versed in building hotel portfolios and a substantial amount of capital at the ready, McNeill Hotel Company is well positioned for expansion within the next few years.
Revenue Management Adapting to Predictive Pricing ToolsJennifer Driscoll, VP Revenue Management, McNeill Hotel Company, is quoted in the latest edition of Hotel News Now. The article is focused on the subject of predictive pricing tools and how hoteliers are figuring out ways to benefit from this technology. To read the full article click the link below.
Managing the Hotel Digital WorldMark Ricketts, President & COO, McNeill Hotel Company has a new article published on HotelExecutive.com. Click the link to read the article.
Smart Investment Strategies - Lodging MagazineMark Ricketts, COO was quoted for the latest article in Lodging Magazine, "After the Boom: Smart Investment Strategies for Today's Reality". Click the link below to read the article.
Cultivate the "Wider Resources" of Hospitality Sales & MarketingJune 3, 2018
By Mark Ricketts, President & COO, McNeill Hotel Company
Keeping the rooms of a hotel property fully occupied with guests that we serve well and from which we generate a reasonable profit is no easy task. It requires a sound operating model; a skilled and motivated staff at all levels of the organization; and lots of elbow grease, i.e. hard work. It also takes getting our name, as an individual property and as an organization or affiliated group of properties, out there loud and clear. To read the full article click the link below.
Hear from Chris Ropko in Hotels' Investment OutlookMay 29, 2018
Chris Ropko, CFO McNeill Hotel Company, is quoted in Hotels' Investment Outlook for June 2018. Follow the link to read the full article entitled "Shining a Spotlight on US Development".
Checking In with Mark Ricketts - Lodging MagazineMay 18, 2018
Find out Mark Ricketts' thoughts on delivering excellent guest service, the competitive hotel market, and the current trends in the hotel industry. Follow the link to read the article in Lodging Magazine.
AFTER THE BOOM - Lodging MagazineMay 16, 2018 - Lodging Magazine
Check out the latest article in Lodging Magazine that features our TownePlace Suites Auburn and a quote from Mark Ricketts, our President & COO. Click the link below to read the article.
Towneplace Suites Auburn Wins Multiple Marriott AwardsAUBURN, AL, May 1, 2018 – The TownePlace Suites hotel in Auburn, Alabama has been officially recognized by Marriott, earning multiple prestigious awards for the McNeill Hotel Company property.
General Manager Emily White has earned Marriott’s Diamond GM of the Year Award for 2017 and staff member Mary Munday has earned Marriott’s Service Team Member of the Year Award for 2017.
Beth Burns Named Marriott's Diamond GM of the Year for 2017HATTIESBURG, MS, May 1, 2018 – The TownePlace Suites hotel in Hattiesburg, Mississippi has been officially recognized by Marriott, earning two prestigious awards for the McNeill Hotel Company property.
General Manager Beth Burns has earned Marriott’s Diamond GM of the Year Award for 2017. The hotel also won Marriott’s Golden Circle Award. Previously, the TownePlace Suites Hattiesburg had earned Marriott’s “Opening Hotel of the Year” award, as well as the “Sales Ramp Up” award, selected by the Select Service & Extended Stay Hotels Group – The Americas.
Fairfield Inn & Suites Destin Wins Marriott's Bruce Reed Rally to Serve AwardDESTIN, FL, May 1, 2018 – The Fairfield Inn & Suites in Destin, Florida has been officially recognized by Marriott, earning the Bruce Reed Rally to Serve Award for the McNeill Hotel Company property.
Marriott’s Bruce Reed Rally to Serve Award is a singular honor, given to only one Fairfield Inn & Suites property each year in recognition of its community contributions.
The latest from Mark Ricketts - Making the New Hire Our Smart HireMaking the New Hire Our Smart Hire
By Mark Ricketts President & Chief Operating Officer, McNeill Hotel Company | April 15, 2018
It’s been reported that millennials decide within their first 48 hours with an organization whether they will stay on for an extended period of time. Talk about first impressions being the most lasting!
This article will discuss some best practices and ideas in making any new hire feel welcome to a hospitality organization while “coming up to speed.” It will also consider strategies and techniques that will help keep unproductive misconceptions or misunderstandings from arising between employer and employee. Click the link below to read the full article at www.hotelexecutive.com.
Chris Ropko Joins McNeill Hotel Company as CFOGermantown, TN, March 19, 2018 – McNeill Hotel Company, a growing nationally-recognized hotel owner, developer, and manager, announced today that it has hired respected industry executive Chris Ropko to serve as the company’s Chief Financial Officer. Phillip McNeill, CEO of McNeill Hotel Company, made the announcement.
Prior to joining McNeill, Ropko served as Managing Director at RobertDouglas, a national hospitality investment banking platform, where he focused on structuring and raising debt and equity capital for lodging and specialty leisure properties, portfolios and companies throughout the Americas in excess of $2.5 billion.
Hampton Inn & Suites Memphis Germantown - Wall of FameFebruary 8, 2018
The new Hampton Inn and Suites Germantown has been honored with the Wall of Fame Award for the Third Quarter of 2017! Based on overall TQS, this award honors only the top 15% of hotels in the Hampton brand. "Our guests are enjoying the new hotel and they know that we love having them here." Rebecca Thompson GM.
Everyday Brand Management - Mark RickettsDecember 03, 2017
Mark Ricketts, President & Chief Operating Officer of McNeill Hotel Company has written an article that was published in Hotel Business Review. "In its purest sense, a brand is a promise to consumers; an expectation of performance and an overall experience."
Hampton Inn Southaven-Newly RenovatedMCNEILL HOTEL COMPANY ANNOUNCES COMPLETION OF RENOVATIONS
AT HAMPTON INN IN SOUTHAVEN, MS
Southaven, MS, November 6, 2017 – Renovations at the Hampton Inn in Southaven, Mississippi have been completed and McNeill Hotel Company recently hosted a “Renovation Celebration” event to mark the occasion.
The extensive hotel renovation included a complete refresh of the exterior façade. Each of the hotel’s 86 guest rooms was updated to include all new soft seating, case goods, LG 43” televisions, and mattress sets and the bathrooms were renovated to incorporate the new Forever Young Initiative elements.
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Hotel News Now - Quote from Kim Knop, VP Sales and MarketingNovember 2, 2017
Hotel News Now: For 2018, the local market position in the current pricing cycle varies based on city location and demand, said Kim Knop, VP of sales and marketing at McNeill Hotel Company. The national averages project rate increases of 3% to 5%, she said, but some cities will see higher rate changes, such as 8% to 15%, based upon location and seasonal demand.
Revenue Management Today: Balancing People and ProcessesOctober 9, 2017,
Mark Ricketts recently had an article published in Hotel Executive magazine. Here is an excerpt "The analytical side of the hospitality business is also extremely complex. At the heart of the income side of operations is deciding at what price to offer a room (of which we have a fixed number) and the allocation of them, which rooms and for how long.
It's no easy chore. There are so many factors over which operators have no real control. These include everything from weather events, flight cancellations, or changes in plans by prospective guests to expansions and contractions of supply in certain markets or the pricing strategies of competitors." To read the full article click the link below.
McNeill Hotel Company Made the ListSeptember, 27 2017
We are thrilled to announce that McNeill Hotel Company was recently ranked #64 in Hotel Business magazine's "2017 Owners & Developers Annual Ranking" listing. The list ranks the top 102 Owners and Developers for the year based on total number of hotels and hotel rooms in their portfolio.
“This year's annual ranking is the result of our numbers as of May 31, 2017; thus, it does not take into consideration the recent addition of our three incredible hotels in the Mountain states! It's safe to say we will be climbing the ranks in next year's edition!” – Mark Ricketts, COO
Hampton Inn & Suites Destin "Fishing for Sales"September 2017 - Destin, FL
Destinie Collins, GM of the Hampton Inn & Suites Destin, was recently featured in Hello Hampton. She discusses unique sales techniques used by her team. The article can be found on page 4.
Hampton Inn & Suites Destin Does It AgainSept 12, 2017 - Destin, FL
Hampton Inn Destin has been recognized again with the Wall of Fame award for the First Quarter of 2017. The award is presented to the top 15% of the hotels under the Hampton brand.
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MHC Acquires 3 Hotels in the Mountain StatesGERMANTOWN, Tenn. – July 19, 2017 – McNeill Hotel Company announced today that it has acquired three hotels in the Mountain states, adding to the company’s growing portfolio and significantly expanding its geographic footprint.
The three hotels are:
110-room Homewood Suites in Boise, Idaho
107-room Hilton Garden Inn in Twin Falls, Idaho
106-room Hampton Inn and Suites in Salt Lake City - West Jordan, Utah
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Hampton Inn Destin Honored with Wall of Fame AwardMay 22, 2017- Destin FL,
Hampton Inn & Suites Destin has received the Wall of Fame Award for Fourth Quarter 2016. This award recognizes the top 15% of hotels in the Hampton brand.
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MHC Earns Coveted Guest Satisfaction Excellence Award From MarriottMcNeill Hotel Company, a nationally-recognized hotel owner, developer, and manager, received the 2017 “Guest Satisfaction Excellence Award – TownePlace Suites Brand” at the recent Marriott Connect 2017 Select Brands Owners Conference.
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Hampton Inn & Suites - Now OpenHampton Inn & Suites Germantown is Now Open - Reserve your room today. The much anticipated opening of the newest Hampton Inn in the Mid-South is now complete. Guests will love the well appointed lobby and guest rooms with local flair and added detail that exceed expectation.
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Towneplace Suites Hattiesburg - AwardsHATTIESBURG, MS, April 19, 2017 – The TownePlace Suites hotel in Hattiesburg, Mississippi has been officially recognized by Marriott with two prestigious awards for the TownePlace flag that acknowledge its status as one of the company’s top hotels in the United States.
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McNeill Hotel Company Retains RobertDouglas to Raise Joint Venture CapitalMemphis, TN, March 20, 2017 - McNeill Hotel Company, a nationally-recognized hotel owner, developer, and manager, announced today that it has retained the investment banking firm, RobertDouglas, to raise an initial commitment of $50 million of joint venture capital to accelerate the roll-out of the firm’s growing portfolio of strategically-located, premium select-service hotels.
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The Timing is Right
GERMANTOWN, TN—With two years under its belt and 14 properties in the portfolio – and two more on the way – McNeill Hotel Company is aiming to take on third-party management contracts.