MAXIM Hotel Brokerage
MISSION
We know that succeeding in this business involves more than just getting a buyer and seller to sign a contract. The success that our company has achieved has resulted from our ability to adapt and customize services to meet each client’s individual needs and earn their trust. We plan on building on our past success in the challenging times ahead by continuing to provide a full range of hospitality brokerage services, combining a high degree of personal service with the latest technological tools available to meet our client’s goals. Above all, we know that long term success depends on our fulfilling our pledge of honesty and integrity in every client relationship and in all of our dealings.
BACKGROUND
Principals of Maxim Hotel Brokerage have over 50 years of collective experience in hotel brokerage, working with all types of buyers and sellers. They have completed over 200 transactions of every type of hospitality property, ranging from highway motels to hotel sites to full service hotels to large Las Vegas Casinos. Since its founding in 2002, Maxim has specialized in the western United States with an emphasis on Southern California and in Las Vegas and gaming. In light of recent economic developments, it is expanding its work to include challenged and distressed properties nationwide. The company has built a solid foundation of clients of both buyers and sellers, ranging from local entrepreneurs to some of the most active institutions in the U.S.
CONTACT INFORMATION
Maxim Hotel Brokerage, Inc.
1303 Avocado Ave, Suite 225
Newport Beach, CA 92660
Telephone: 949.759.1155
Fax: 949.640.4691
Harry Pflueger
Direct Line 949.759.8739
Email: harry@maxim-hb.com
Jack Carr
Direct Line 949.759.8741
Email: jack@maxim-hb.com
Joe Pinson
Direct Line 949.487.0839
Email: joe@maxim-hb.com
Jack Carr Harry Pflueger Joe Pinson
Welcome 2010!
We begin 2010 wondering what the year holds in store. Go to a conference, open an industry magazine, listen to webinars, talk to buyers, owners, management companies, lenders, consultants and others in the hospitality business and everyone has an opinion. Whether its business or leisure travel, meetings, gas prices, airport arrivals, consumer confidence, the stock market, unemployment, etc, there are many opinions on what caused the recession, what will drive the rebound, and when it will occur. We believe that it comes down to market performance which over the past year and a half has been depressing, and continually worsening. Owners know that to sell in today’s environment means they have to be very motivated and dramatically lower their expectations. So, they are not going to market unless they absolutely have to. Lenders are trying to avoid REOs by selling notes at a discount or deferring the problem through aggressive workouts. There are plenty of buyers out there with money who, to use an overused phrase, are “sitting on the sidelines”. Until we get an upward trend of REVPAR and other positive news there will be a continuation of the current mood of uncertainty and caution. The only thing that we know for certain is that at some point, this will turn around and the current mood will be replaced by a sense of optimism and confidence. When that happens, buyers will stop being cautious observers and will get back into the game. We have seen this before and are optimistic about the long term prospects for the hospitality business and look forward to the exciting times ahead. They can’t come soon enough.
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