OurApproach
The Woodbine Way:
Our Development Success
Our capabilities aren’t defined by a project’s size or scope. Woodbine has the resources and knowledge to handle any development project, from destination resorts to mixed-use spaces to boutique hotel properties.
37% IRR
Over 25 Years
$3.6 Billion
in Hotel Investments
6,106 Keys
Renovated
5 Major Brands,
11 Different Flags
3,654 Keys
Asset Managed
19+ years
Average Teammate Tenure
17,000 Acres
Master Planned
11,000
Keys Developed
Full-Service Projects
Our core competency–developing large-scale destination resorts throughout the Southwestern United States–continues to drive our growth, with six destination resort hotels and over 3,000 keys developed since 1992. But we’ve also diversified our focus to include urban infill, mixed-use and full-service assets throughout the country with recent development projects in Dallas, Phoenix and Washington D.C.
Select-Service Projects
In 2008, Woodbine ventured into select-service development through a preferred developer partnership with Hyatt Hotels Corporation and multiple flags within major brands. Since then, our select-service platform has grown faster than any other segment of our business. The growth includes development of twelve select-service hotels totaling over 3,000 keys. Our diversified brand offerings include valuable partnerships with AC Hotels and USAA.
Acquisitions
Throughout Woodbine’s history, new construction projects have been our investors’ primary focus. However, in 2012, we made our first acquisition in over 20 years–a distressed yet historic hotel in the Pacific Northwest. After renovations and repositioning, it was sold three years later and has inspired a new investment strategy for Woodbine. This strategy includes an investment fund to acquire assets in major U.S. markets, including multiple boutique and lifestyle repositioning projects.
Office & Mixed-use
We have strategically developed mixed-use spaces and bustling communities from the ground up for more than 40 years, with more than 4.8 million square feet of mixed-use and office projects to our name. Beyond evaluating development opportunities, Woodbine has extensive experience in marketing properties and building infrastructure. We are committed to creating relationships with our partners and clients so that together, we can build success.
Asset Management & Project Management
Woodbine’s asset management team can help you make the most of your investment through careful ROI analysis, business planning and budget review. Our role as an owner’s representative at every stage of asset acquisition and management gives those we work with the trust and support they expect from a real estate partner.