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Shaner Hotels

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uuid000avrj

Namestring
Shaner Hotels
Legal namestring
Shaner
Websiteurl
shanercorp.com
Company typeenum
Private
Founded yearint
1979
Descriptiontext

Shaner Hotels is a private, founder-controlled hospitality management company headquartered in State College, Pennsylvania, founded in 1979 by Lance T. Shaner. It operates as an approved management company for all four major U.S. hotel franchisors — Marriott International, Hilton, InterContinental Hotels Group, and Choice Hotels — managing a portfolio of more than 75 hotels and resorts across 13 states and 4 countries (United States, Italy, Bahamas, and India), totaling over 8,000 rooms and approximately 4,000 associates. The portfolio spans full-service, select-service, extended-stay, and luxury resort property types, including the Prestige Luxury Collection in international and Florida Keys markets.

Shaner generates revenue through a mix of hotel management fees from third-party property owners, ownership stakes in hotel and residential developments held through Shaner Capital L.P., and ancillary services including accounting via Shaner Solutions and international operations via Shaner Global. The company has invested more than $250 million in its portfolio since 1996 across 30+ product conversions and improvement projects, with $300 million in recent portfolio financing facilitated by its in-house legal team. Vertical integration is unusually deep for an operator of its size: Shaner maintains in-house functions across revenue management, e-commerce and digital marketing, sales & marketing, acquisition & development, design & construction (with procurement relationships), finance & accounting (approximately 60 staff), human resources, legal (75+ years of internal experience), IT, risk management, and food & beverage operations.

The go-to-market blends enterprise field sales targeting hotel owners and developers for new management contracts, channel partnerships with the major franchisors under approved-operator arrangements, and direct-to-consumer booking through brand websites and OTAs. In 2025, the portfolio earned the Marriott Partnership Circle Award and 18 Hospitality Excellence Awards across 12 properties, reinforcing franchisor relationships critical to growth. An active fraud lawsuit (R-Hotel LLC, concerning the Fairfield Inn & Suites Harrisburg) introduces unresolved governance and owner-relations risk.

Short descriptiontext

Shaner Hotels is a private, founder-controlled hospitality management company operating 75-plus hotels across 13 U.S. states and four countries under Marriott, Hilton, IHG, and Choice franchise agreements, serving hotel property owners with end-to-end management, development, and investment services.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersState College, United States
HQ citystring
State College
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
hotel management services, hospitality management, hotel acquisition development, franchise hotel operations, hospitality investment
NAICS code3 codes
  • Hotels (except Casino Hotels) and Motels72111
  • Traveler Accommodation7211
  • Accommodation721
SIC code2 codes
  • Hotels & Motels7011
  • Hotels, Rooming Houses, Camps & Other Lodging Places7000
Product category
Hotel Management Services
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model4 records
1Hotel Management Fees
TypeManaged Services
Description

Revenue from managing hotels for property owners, including full-service hotels, select-service hotels, extended-stay properties, and luxury resorts under franchise agreements with major hospitality brands.

shanercorp.com
2Property Ownership & Investment Returns
TypeManaged Services
Description

Ownership stakes in hotel properties and developments including 50% ownership in Courtyard St. Petersburg/Madeira Beach and Playa Largo Resort, 33% in ONE DAYTONA, and various other joint ventures. Returns generated through hotel operations and property appreciation.

shanercorp.com
3Acquisition & Development Services
TypeProfessional Services
Description

Due diligence, franchise-agreement negotiation, PIP management, revenue strategy implementation, pre-opening procurement and marketing, repositioning and rebranding services for hotel acquisitions.

shanercorp.com
4Accounting & Operational Support Services
TypeProfessional Services
Description

Shaner Solutions provides accounting services to hospitality industry clients as well as commercial and residential real estate management, retail operations, and food and beverage industry clients.

shanercorp.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Shaner Hotels is a hospitality management company that develops, owns, and operates a portfolio of more than 75 hotels and resorts spanning 13 states and four countries, with over 8,000 rooms. The firm provides full-service hotel management for properties franchised under Marriott, Hilton, IHG, and Choice Hotels brands, along with acquisition and development, revenue management, e-commerce and digital marketing, design and construction, and back-office finance and accounting services for hotel property owners and investors.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 12 hotels earned 18 Marriott Hospitality Excellence Awards in 2025
+3 more records
Product overview1 text field

Shaner Hotels is a hospitality management company operating a diverse portfolio of more than 75 hotels and numerous restaurants across 13 states and four countries. The company offers a comprehensive suite of hotel management services covering operations, revenue management, e-commerce, sales & marketing, acquisition & development, design & construction, finance & accounting, human resources, legal, IT, risk management, and food & beverage operations. The portfolio includes properties managed under major brands (Marriott, Hilton, IHG, Choice Hotels) as well as independent hotels. Key sub-brands include Shaner Solutions (accounting services), Shaner Capital (investment fund), Shaner Global (international operations), Prestige Luxury Collection (luxury properties), and Restaurant Portfolio (dining venues). The company supports over 4,000 associates and has invested over $250 million into its portfolio since 1996.

Product and service8 records
1Hotel Management Services
CategoryHotel Management
Description

Full-service hotel property management covering operations, revenue management, sales and marketing, e-commerce, design and construction, finance and accounting, human resources, legal, IT, and risk management for full-service, select-service, extended-stay, and resort properties under Marriott, Hilton, IHG, and Choice Hotels franchises.

2Hotel Acquisition and Development Services
CategoryReal Estate Development Services
Description

End-to-end advisory and execution services for hotel property owners and investors pursuing acquisitions, brand conversions, repositioning, or new development, leveraging Shaner's relationships with major hospitality brands and decades of transaction experience.

3Shaner Solutions
CategoryAccounting and Back-Office Services
Description

Outsourced accounting and operational support services for hospitality industry clients as well as commercial and residential real estate management, retail operations, and food and beverage businesses.

4Shaner Capital
CategoryInvestment Fund
Description

$100 million investment fund providing preferred equity, senior or subordinated debt, credit enhancement, and balance sheet restructuring to mature companies across hospitality, water treatment, heavy construction, finance, property development, hotels, and condominiums.

5Shaner Global
CategoryInternational Hotel Operations
Description

International hotel management and operations division covering properties in Italy, Bahamas, and India with expertise in development, hotel operations, food and beverage, revenue management, and branding for global hospitality ventures.

6Prestige Luxury Collection
CategoryLuxury Hotel Portfolio
Description

Luxury portfolio of resort and full-service boutique hotels featuring properties in Italy, Bahamas, Florida Keys, and the US Northeast positioned for upscale leisure and experiential stays.

7Restaurant Portfolio
CategoryFood and Beverage Operations
Description

Collection of hotel restaurants and bars operated across Shaner properties under concepts including Vaso, Panorama on Seven, The Field Burger & Tap, Grace Restaurant, and La Marea, providing dining venues for hotel guests and local patrons.

8TownePlace Suites Lebanon, Pennsylvania
CategoryExtended-Stay Hotel Property
Description

Newly opened all-suites extended-stay hotel under the Marriott TownePlace Suites brand located in Lebanon, Pennsylvania, featuring in-room kitchens, an outdoor pool, patio with Weber grills, and an on-site self-serve beer wall showcasing local breweries.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierMajorTypeStrategic or Co-development Partner
Description

Strategic alliance leveraging Shaner's extensive expertise in hotel management and development with TFG's innovative vision and investment prowess. This collaboration identifies and capitalizes on unique opportunities within the hospitality sector, driving exceptional guest experiences and delivering strong returns for stakeholders.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Approved management company status for Marriott-branded hotels including AC Hotels, Courtyard, Fairfield Inn & Suites, Residence Inn, SpringHill Suites, TownePlace Suites, Renaissance, and Autograph Collection properties.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Approved management company status for Hilton-branded hotels including Hampton Inn & Suites, Homewood Suites, DoubleTree, Hilton, and Curio Collection properties.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Approved management company status for IHG-branded hotels including Holiday Inn and related brands.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Approved management company status for Choice-branded hotels including Sleep Inn and related brands.

Recent move13 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Largest independent hotel management company in North America, managing over 1,500 hotels across virtually every major brand. Direct competitor to Shaner in the third-party management space with similar multi-brand franchise relationships and full-service operational offerings.

TypeDirect peer
Description

Hotel management company operating full-service, lifestyle, luxury, and resort properties across the US, Caribbean, and Europe. Direct peer to Shaner's diversified brand portfolio and international footprint via Shaner Global.

TypeDirect peer
Description

Hotel management company operating full-service, select-service, and resort properties under major franchise brands. Similar multi-brand, multi-segment portfolio strategy to Shaner's 75+ hotel operation.

TypeBroad incumbent
Description

World's largest hotel company and Shaner's largest franchisor, operating across luxury, premium, select-service, and longer-stay tiers. While not a direct competitor (Shaner is an approved operator of Marriott brands), Marriott's franchise standards and PIPs directly shape Shaner's operating model and growth ceiling.

TypeBroad incumbent
Description

Global hotel franchisor across luxury, full-service, focused-service, and all-suites categories. Hilton sets the franchise relationship dynamics that govern Shaner's Hilton-branded portfolio (Hampton, Homewood, DoubleTree, Curio) and competes for management contract opportunities through its owned-and-managed brands.

TypeDirect peer
Description

Hotel management, development, and investment firm operating full-service, lifestyle, and food & beverage-led properties across the US. Comparable to Shaner in combining operational management with development and F&B expertise.

TypeDirect peer
Description

Owner and operator of premium and luxury full-service and select-service hotels under major brand families (Marriott, Hilton, IHG). Comparable to Shaner in combining ownership and third-party management across multiple franchisor systems.

TypeDirect peer
Description

Hotel and resort management company with a portfolio of upscale, lifestyle, and luxury properties across North America. Operates under similar Marriott, Hilton, and IHG franchise systems, comparable to Shaner's multi-brand strategy.

TypeDirect peer
Description

Former REIT and owner-operator of boutique and lifestyle hotels under Marriott, Hilton, and Hyatt brands. Comparable to Shaner as a multi-brand operator/owner, though more concentrated in urban upscale/lifestyle segments.

TypeDirect peer
Description

Major hotel management, investment, and development firm operating luxury, full-service, select-service, and extended-stay properties across the US. Highly comparable to Shaner given similar scale, multi-brand approach, and owner-management business model.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries8 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment3 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Shaner Hotels

Hotel Management Servicesshanercorp.com

Shaner Hotels is a private, founder-controlled hospitality management company operating 75-plus hotels across 13 U.S. states and four countries under Marriott, Hilton, IHG, and Choice franchise agreements, serving hotel property owners with end-to-end management, development, and investment services.

What Shaner Hotels does

Shaner Hotels is a private, founder-controlled hospitality management company headquartered in State College, Pennsylvania, founded in 1979 by Lance T. Shaner. It operates as an approved management company for all four major U.S. hotel franchisors — Marriott International, Hilton, InterContinental Hotels Group, and Choice Hotels — managing a portfolio of more than 75 hotels and resorts across 13 states and 4 countries (United States, Italy, Bahamas, and India), totaling over 8,000 rooms and approximately 4,000 associates. The portfolio spans full-service, select-service, extended-stay, and luxury resort property types, including the Prestige Luxury Collection in international and Florida Keys markets.

Shaner generates revenue through a mix of hotel management fees from third-party property owners, ownership stakes in hotel and residential developments held through Shaner Capital L.P., and ancillary services including accounting via Shaner Solutions and international operations via Shaner Global. The company has invested more than $250 million in its portfolio since 1996 across 30+ product conversions and improvement projects, with $300 million in recent portfolio financing facilitated by its in-house legal team. Vertical integration is unusually deep for an operator of its size: Shaner maintains in-house functions across revenue management, e-commerce and digital marketing, sales & marketing, acquisition & development, design & construction (with procurement relationships), finance & accounting (approximately 60 staff), human resources, legal (75+ years of internal experience), IT, risk management, and food & beverage operations.

The go-to-market blends enterprise field sales targeting hotel owners and developers for new management contracts, channel partnerships with the major franchisors under approved-operator arrangements, and direct-to-consumer booking through brand websites and OTAs. In 2025, the portfolio earned the Marriott Partnership Circle Award and 18 Hospitality Excellence Awards across 12 properties, reinforcing franchisor relationships critical to growth. An active fraud lawsuit (R-Hotel LLC, concerning the Fairfield Inn & Suites Harrisburg) introduces unresolved governance and owner-relations risk.

Shaner Hotels firmographics

Firmographics
Name
Shaner Hotels
Legal name
Shaner
Website
https://shanercorp.com
Company type
Private
Founded year
1979
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Shaner Hotels is a private, founder-controlled hospitality management company operating 75-plus hotels across 13 U.S. states and four countries under Marriott, Hilton, IHG, and Choice franchise agreements, serving hotel property owners with end-to-end management, development, and investment services.
Ownership category
akta.pro rank

Where Shaner Hotels is headquartered

Location

Headquarters

HQ city
State College
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Shaner Hotels business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

  1. Hotel Management Fees: Revenue from managing hotels for property owners, including full-service hotels, select-service hotels, extended-stay properties, and luxury resorts under franchise agreements with major hospitality brands.
  2. Property Ownership & Investment Returns: Ownership stakes in hotel properties and developments including 50% ownership in Courtyard St. Petersburg/Madeira Beach and Playa Largo Resort, 33% in ONE DAYTONA, and various other joint ventures. Returns generated through hotel operations and property appreciation.
  3. Acquisition & Development Services: Due diligence, franchise-agreement negotiation, PIP management, revenue strategy implementation, pre-opening procurement and marketing, repositioning and rebranding services for hotel acquisitions.
  4. Accounting & Operational Support Services: Shaner Solutions provides accounting services to hospitality industry clients as well as commercial and residential real estate management, retail operations, and food and beverage industry clients.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Shaner Hotels product offering

Product offering

Core offering

Shaner Hotels is a hospitality management company that develops, owns, and operates a portfolio of more than 75 hotels and resorts spanning 13 states and four countries, with over 8,000 rooms. The firm provides full-service hotel management for properties franchised under Marriott, Hilton, IHG, and Choice Hotels brands, along with acquisition and development, revenue management, e-commerce and digital marketing, design and construction, and back-office finance and accounting services for hotel property owners and investors.

Product overview

Shaner Hotels is a hospitality management company operating a diverse portfolio of more than 75 hotels and numerous restaurants across 13 states and four countries. The company offers a comprehensive suite of hotel management services covering operations, revenue management, e-commerce, sales & marketing, acquisition & development, design & construction, finance & accounting, human resources, legal, IT, risk management, and food & beverage operations. The portfolio includes properties managed under major brands (Marriott, Hilton, IHG, Choice Hotels) as well as independent hotels. Key sub-brands include Shaner Solutions (accounting services), Shaner Capital (investment fund), Shaner Global (international operations), Prestige Luxury Collection (luxury properties), and Restaurant Portfolio (dining venues). The company supports over 4,000 associates and has invested over $250 million into its portfolio since 1996.

Differentiator

Problem solved

Functional benefit

Products and services

  • Hotel Management Services Full-service hotel property management covering operations, revenue management, sales and marketing, e-commerce, design and construction, finance and accounting, human resources, legal, IT, and risk management for full-service, select-service, extended-stay, and resort properties under Marriott, Hilton, IHG, and Choice Hotels franchises.
  • Hotel Acquisition and Development Services End-to-end advisory and execution services for hotel property owners and investors pursuing acquisitions, brand conversions, repositioning, or new development, leveraging Shaner's relationships with major hospitality brands and decades of transaction experience.
  • Shaner Solutions Outsourced accounting and operational support services for hospitality industry clients as well as commercial and residential real estate management, retail operations, and food and beverage businesses.
  • Shaner Capital $100 million investment fund providing preferred equity, senior or subordinated debt, credit enhancement, and balance sheet restructuring to mature companies across hospitality, water treatment, heavy construction, finance, property development, hotels, and condominiums.
  • Shaner Global International hotel management and operations division covering properties in Italy, Bahamas, and India with expertise in development, hotel operations, food and beverage, revenue management, and branding for global hospitality ventures.
  • Prestige Luxury Collection Luxury portfolio of resort and full-service boutique hotels featuring properties in Italy, Bahamas, Florida Keys, and the US Northeast positioned for upscale leisure and experiential stays.
  • Restaurant Portfolio Collection of hotel restaurants and bars operated across Shaner properties under concepts including Vaso, Panorama on Seven, The Field Burger & Tap, Grace Restaurant, and La Marea, providing dining venues for hotel guests and local patrons.
  • TownePlace Suites Lebanon, Pennsylvania Newly opened all-suites extended-stay hotel under the Marriott TownePlace Suites brand located in Lebanon, Pennsylvania, featuring in-room kitchens, an outdoor pool, patio with Weber grills, and an on-site self-serve beer wall showcasing local breweries.

Quantifiable outcome

  • 12 hotels earned 18 Marriott Hospitality Excellence Awards in 2025
  • +3 more outcomes

Companies that use Shaner Hotels

Customer profile

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Shaner Hotels technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Shaner Hotels partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered major and core.

  • The First Group (TFG)majorStrategic or Co-development PartnerStrategic alliance leveraging Shaner's extensive expertise in hotel management and development with TFG's innovative vision and investment prowess. This collaboration identifies and capitalizes on unique opportunities within the hospitality sector, driving exceptional guest experiences and delivering strong returns for stakeholders.
  • Marriott InternationalcoreChannel Partner/ Reseller/ DistributorApproved management company status for Marriott-branded hotels including AC Hotels, Courtyard, Fairfield Inn & Suites, Residence Inn, SpringHill Suites, TownePlace Suites, Renaissance, and Autograph Collection properties.
  • Hilton Hotels CorporationcoreChannel Partner/ Reseller/ DistributorApproved management company status for Hilton-branded hotels including Hampton Inn & Suites, Homewood Suites, DoubleTree, Hilton, and Curio Collection properties.
  • InterContinental Hotels Group (IHG)coreChannel Partner/ Reseller/ DistributorApproved management company status for IHG-branded hotels including Holiday Inn and related brands.
  • Choice HotelscoreChannel Partner/ Reseller/ DistributorApproved management company status for Choice-branded hotels including Sleep Inn and related brands.

Scale indicators7 records

Recent moves13 records

Expansion highlights5 records

Shaner Hotels competitors and assessment

Company assessment

Direct peers

  • Aimbridge Hospitality: Largest independent hotel management company in North America, managing over 1,500 hotels across virtually every major brand. Direct competitor to Shaner in the third-party management space with similar multi-brand franchise relationships and full-service operational offerings.
  • Pyramid Global Hospitality: Hotel management company operating full-service, lifestyle, luxury, and resort properties across the US, Caribbean, and Europe. Direct peer to Shaner's diversified brand portfolio and international footprint via Shaner Global.
  • Driftwood Hospitality Management: Hotel management company operating full-service, select-service, and resort properties under major franchise brands. Similar multi-brand, multi-segment portfolio strategy to Shaner's 75+ hotel operation.
  • Sage Hospitality Group: Hotel management, development, and investment firm operating full-service, lifestyle, and food & beverage-led properties across the US. Comparable to Shaner in combining operational management with development and F&B expertise.
  • HEI Hotels & Resorts: Owner and operator of premium and luxury full-service and select-service hotels under major brand families (Marriott, Hilton, IHG). Comparable to Shaner in combining ownership and third-party management across multiple franchisor systems.
  • Crescent Hotels & Resorts: Hotel and resort management company with a portfolio of upscale, lifestyle, and luxury properties across North America. Operates under similar Marriott, Hilton, and IHG franchise systems, comparable to Shaner's multi-brand strategy.
  • Hersha Hospitality Trust: Former REIT and owner-operator of boutique and lifestyle hotels under Marriott, Hilton, and Hyatt brands. Comparable to Shaner as a multi-brand operator/owner, though more concentrated in urban upscale/lifestyle segments.
  • Highgate Hotels: Major hotel management, investment, and development firm operating luxury, full-service, select-service, and extended-stay properties across the US. Highly comparable to Shaner given similar scale, multi-brand approach, and owner-management business model.

Broad incumbents

  • Marriott International: World's largest hotel company and Shaner's largest franchisor, operating across luxury, premium, select-service, and longer-stay tiers. While not a direct competitor (Shaner is an approved operator of Marriott brands), Marriott's franchise standards and PIPs directly shape Shaner's operating model and growth ceiling.
  • Hilton Worldwide: Global hotel franchisor across luxury, full-service, focused-service, and all-suites categories. Hilton sets the franchise relationship dynamics that govern Shaner's Hilton-branded portfolio (Hampton, Homewood, DoubleTree, Curio) and competes for management contract opportunities through its owned-and-managed brands.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

Shaner Hotels social profiles

Digital presence

Shaner Hotels compliance and trust

Trust signal

Compliance1 record

Shaner Hotels financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Shaner Hotels leadership team

Management profile

Number of profiles

Profiles2 records

Shaner Hotels subsidiaries and ownership

Company hierarchy

Subsidiaries8 records

Shaner Hotels funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Shaner Hotels M&A and investment

M&A and investment

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shaner Hotels

What does Shaner Hotels do?

Shaner Hotels is a hospitality management company that develops, owns, and operates a portfolio of more than 75 hotels and resorts spanning 13 states and four countries, with over 8,000 rooms. The firm provides full-service hotel management for properties franchised under Marriott, Hilton, IHG, and Choice Hotels brands, along with acquisition and development, revenue management, e-commerce and digital marketing, design and construction, and back-office finance and accounting services for hotel property owners and investors.

Is Shaner Hotels a public or private company?

Shaner Hotels is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Shaner Hotels founded?

Shaner Hotels was founded in 1979. It employs 1,001 to 5,000 people.

Where is Shaner Hotels based?

Shaner Hotels is headquartered in State College, United States, in the North America region.

How does Shaner Hotels make money?

Four revenue lines are on record. Hotel Management Fees are the primary driver. The others are property Ownership & Investment Returns, acquisition & Development Services and accounting & Operational Support Services.

Who are Shaner Hotels's main competitors?

Direct peers on record are Aimbridge Hospitality, Pyramid Global Hospitality, Driftwood Hospitality Management, Sage Hospitality Group, HEI Hotels & Resorts, Crescent Hotels & Resorts, Hersha Hospitality Trust and Highgate Hotels. Broad incumbents are Marriott International and Hilton Worldwide.

Does Shaner Hotels have an API?

No public API is recorded for Shaner Hotels.

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Live signals
American City Business JournalsHollywood Casino hotel near Kansas Speedway breaks groundKansas Entertainment will break ground on a 140-room hotel connected to Hollywood Casino at Kansas Speedway, with construction starting soon and an expected opening in 2028. The project will support about 250 full-time positions, and Prime Group US will finance and develop it, with Shaner Hotels operating.GurufocusKansas Entertainment Announces Groundbreaking Ceremony for New HKansas Entertainment will hold a groundbreaking ceremony on September 25, 2026, for a new boutique hotel adjacent to Hollywood Casino at Kansas Speedway. The hotel, affiliated with Tribute Portfolio, will have about 140 rooms and open in 2028. It is financed and developed by Prime Group US and Shaner Hotels, with Kansas Entertainment providing vacant land.Stock TitanSKYX Expected to Supply Smart Units for Marriott RenovationSKYX Platforms Corp. announced it will deploy its advanced smart plug & play technologies during a renovation of the Marriott Durham City Center hotel in North Carolina, a property owned by the Shaner Hotel Group. The deployment includes thousands of units of smart products such as ceiling lighting, fans, recessed lights, and EXIT signs across guest rooms, suites, lobby, ballroom, and other hotel areas. The company expects the hotel segment expansion to generate additional recurring revenues through interchangeable upgrades, AI services, monitoring, and subscription offerings.FinancialContent Business PageSKYX Will Supply its Plug & Play Technologies During a Renovation of a Marriott City Center Hotel in Durham, NCSKYX Platforms Corp. announced it will deploy its advanced smart plug & play technologies during an ongoing renovation of the Marriott Durham City Center hotel in North Carolina, owned by the Shaner Hotel Group which operates over 80 hotels. The company expects to supply thousands of units including ceiling lighting, ceiling fans, recessed lights, EXIT signs, emergency lights, and indoor/outdoor wall lights. SKYX highlighted that this deployment creates opportunities for future recurring revenues through interchangeability, upgrades, AI services, monitoring, and subscriptions.Business Wire BlogShaner Hotels Announces Grand Opening of 89-Suite TownePlace Suites by Marriott Lebanon PAShaner Hotels opened the 89-suite TownePlace Suites by Marriott Lebanon PA, its first extended-stay hotel in the area. The pet-friendly property offers fully equipped kitchens, a fitness center, and a self-serve beer wall. Tourism contributed $268.6 million to Lebanon County in 2024.CentredailyLawsuit accuses State College-area hospitality company of fraud, which CEO deniesInvestors filed a lawsuit against Shaner Hotel Group on Tuesday alleging outright fraud, claiming they were misled into investing $1.75 million toward the construction of a Fairfield Inn & Suites near Harrisburg, Pennsylvania. The plaintiffs—R-Hotel LLC—accuse the hospitality company of failing to make any distributions since the hotel opened in November 2020 and of repeatedly refinancing the construction loan without consent, thereby increasing interest rates and monthly payments in violation of the operating agreement. Shaner CEO Lance T. Shaner denies the claims, calling the lawsuit frivolous and stating the investors owe him millions in unpaid capital calls, while the suit seeks more than $3 million in damages.GlobeNewswireSKYX Secures $11 Million Strategic Investment at $2.00 Per Share, Preferred Stock Convertible, Led by Global Marriott Hotel-Chain Developer, Lance Shaner, Owner of over 60 Hotels, Primarily MarriottsSKYX Platforms Corp. completed an $11 million strategic investment in its preferred stock, led by Lance Shaner of Shaner Hotel Group at a conversion price of $2.00 per share with an 8% annual dividend. The company stated that this capital injection provides sufficient cash to achieve its goals, including recent collaborations and becoming cash flow positive in 2025. SKYX highlighted its portfolio of over 97 patents and lighting websites as part of its value proposition for the hospitality and residential sectors.PR NewswireONE DAYTONA Welcomes First P.F. Chang's to Daytona BeachONE DAYTONA, a mixed-use development across from Daytona International Speedway, announced the addition of P.F. Chang's as its first restaurant tenant, alongside new hotel partners Shaner Hotels and Prime Hospitality Group for The DAYTONA® and Fairfield Inn & Suites. The announcement also confirmed other initial tenants including Hy's Toggery, Kilwins Confections, Bass Pro Shops, and Cobb Theatres for the $120–$150 million project scheduled to open in 2017. These developments represent the first phase of the entertainment district, office, and residential space aimed at enhancing the area surrounding the speedway.