Hospitality Repositioning Project

Oklahoma City, Oklahoma

Before & After Slideshow

Complete Image Gallery of Final Project

Hospitality Repositioning Project

Oklahoma City, Oklahoma

Nimes partnered with a hotel management company to acquire the 396-room asset, which is the largest hotel in Oklahoma City. In 2012, Nimes assumed control of the partnership and immediately instituted aggressive asset management changes that have drastically improved the asset’s performance including: replacing the original operating partner with a third-party hotel management company; selling a negative cash-flowing attached retail center to a joint venture with a local developer; using the cash from that sale to implement extensive renovations to the hotel; and instituting major enhancements to food and beverage operations.

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