MHG Hotels

What MHG Hotels does

MHG Hotels, LLC is a privately-held, family-owned U.S. hospitality owner, developer, and operator founded in 1991 by Sanjay Patel in Indianapolis. The company acquires, ground-up develops, converts, and operates franchised hotel assets across the Midwest, Southeast, and Southwest, managing a portfolio of more than 40 properties with cumulative development value exceeding $700 million. Its operating footprint spans Marriott (Courtyard, Residence Inn, Fairfield Inn, SpringHill Suites, Aloft), Hilton (Hampton Inn, Homewood Suites, Home2 Suites, Spark by Hilton), and Choice Hotels (Quality Inn, Comfort Inn/Suites) brands, concentrating on select-service and extended-stay assets in Indianapolis, Boca Raton/Fort Lauderdale/West Palm Beach, Kansas City, Sugar Land, and Bloomington markets.

The operating engine combines three vertically integrated functions. Acquisition handles site identification and asset sourcing; Development executes projects from due diligence and market analysis through brand-to-marketplace matching, in many cases via the wholly owned Letap Construction subsidiary; and Property Management delivers operations, finance and accounting, revenue management, sales and marketing, risk management, and technology support to every owned asset. Supplementary adjacent businesses include MHG Apartments (multifamily) and MHG Storage (self-storage), both operating under the Patel family. Revenue is generated through in-room bookings, food and beverage, meeting and event space, and ancillary guest services across owned branded properties, augmented by development-related construction and management fee streams. Pricing is dynamic, market-driven, and not publicly disclosed, with separate rates for extended-stay and group bookings; each property markets primarily through its franchisor's global reservation and loyalty platform (Marriott Bonvoy, Hilton Honors).

MHG is led by founder Sanjay Patel (President/CEO) with COO Andrew Quinto, family members Hiren Patel (VP, MHG Apartments), Neal Patel (VP, financing), and Brijal Patel (Controller), and an operations bench drawn from Marriott International, White Lodging, and Hyatt (Hunter Carmichael, Lance Taylor, Camille Kauffeld). Its principal differentiator versus independent operators is multi-decade tenure and depth of franchisor relationships, evidenced by repeated Marriott Platinum/Gold/Silver and "Magic Hotel of the Year" awards plus Hilton's Q2 2025 Make It Right Award placing two MHG Hamptons in the top 1% of U.S. and Canada.

Name

MHG Hotels

Legal name

MHG Hotels LLC

Website

http://mhghotelsllc.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

251–500 employees

Short description

MHG Hotels is a family-owned U.S. hospitality company that acquires, develops, and operates 40-plus franchised select-service and extended-stay hotels under Marriott, Hilton, and Choice brands, serving business, leisure, and extended-stay travelers across Indiana, Florida, Texas, and Missouri.

Ownership category

akta.pro rank

Product category

Hotel Management and Development

NAICS

Hotels (except Casino Hotels) and Motels (72111), Traveler Accommodation (7211)

SIC

Hotels & Motels (7011), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Budget Hotel Chains & Franchises (THAGABAM)

akta.pro secondary industries

Hospitality (Hotel) Property Management (BPAJAGAG), Business & Corporate Full-Service Hotels (THAGAAAE), Franchised/Chain Motels (THAGAFAM)

Keywords

• Hotel development services
• Hotel property management
• Hospitality acquisitions
• Franchise hotel operations
• Hotel construction services

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Hotel Operations Revenue: Revenue generated from room bookings, food and beverage services, meeting and event space rentals, and other guest services across owned hotel properties.
2. Development and Construction Services: New hotel development from concept to opening day, including due diligence, market analysis, brand-to-marketplace matching, and project management through Letap Construction subsidiary.
3. Property Management Services: Full-service property management including operations, finance and accounting, revenue management, sales and marketing, and risk management for owned and potentially third-party properties.
4. Franchise Affiliation Revenue: Revenue through franchise affiliations with Marriott International, Hilton Worldwide, and Choice Hotels International brands, operating branded properties under licensing agreements.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

MHG Hotels acquires, develops, and manages hotel properties across the United States under franchise affiliations with Marriott International, Hilton Worldwide, and Choice Hotels International. The company operates a portfolio of 40+ select-service, mid-scale, and full-service hotels across Florida, Indiana, Texas, and Missouri, with full-service property management covering operations, revenue management, sales and marketing, and risk management.

Product overview

MHG Hotels operates as a diversified hospitality management company offering hotel acquisition, development, and property management services across a portfolio of 40+ properties throughout the United States. The company's services span acquisition (site identification and ground-up development), development (due diligence, market analysis, brand matching, franchise partnerships, project execution), and property management (operations, finance & accounting, revenue management, sales & marketing, risk management, and technology). MHG Hotels manages properties under franchise affiliations with Marriott International, Hilton Worldwide, Choice Hotels International, Hyatt Hotels Corporation, and InterContinental Hotels Group, including current properties such as Aloft Fort Lauderdale, Residence Inn Noblesville, Homewood Suites Indianapolis Downtown, Hampton Inn Boca Raton, and upcoming developments in Pompano Beach, Avon, Noblesville, Hollywood, Speedway, Bloomington, and West Lafayette.

Differentiator

Problem solved

Functional benefit

Products and services

• Acquisition Services Hotel acquisition services including site identification, ground-up development, and purchase of existing properties in diverse locations targeting multiple market segments across the United States.
• Development Services Hotel development from concept to opening including due diligence, market analysis, brand-to-market matching, franchise partnerships, and project execution through the in-house Letap Construction subsidiary.
• Property Management Full-service hotel management including operations, finance and accounting, revenue management, sales and marketing, risk management, and technology support across the MHG portfolio of owned and operated branded properties.

Quantifiable outcome

• Top 1% of Hampton hotels in U.S. and Canada for Q2 2025
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered minor and core.

• Green Park ManagementminorStrategic or Co-development Partner · 4 March 2026Boynton Beach-based Green Park Management developed and completed the Aloft Fort Lauderdale Airport hotel in 2024, then sold it to MHG Hotels in 2026. Green Park acquired the site for $3.3 million in 2020 and secured construction financing from Bank of America.
• Marriott InternationalcoreChannel Partner/ Reseller/ DistributorFranchise affiliation with Marriott International covering brands including Courtyard, Residence Inn, Fairfield Inn, SpringHill Suites, and Aloft. MHG operates properties under Marriott brands with access to Marriott Bonvoy loyalty program and global distribution systems.
• Hilton WorldwidecoreChannel Partner/ Reseller/ DistributorFranchise affiliation with Hilton Worldwide covering brands including Hampton Inn, Homewood Suites, Home2 Suites, and Spark by Hilton. MHG operates properties under Hilton brands with access to Hilton Honors loyalty program.
• Choice Hotels InternationalcoreChannel Partner/ Reseller/ DistributorFranchise affiliation with Choice Hotels International covering brands including Quality Inn and Comfort Suites for select-service market segment.
• Letap ConstructioncoreStrategic or Co-development PartnerLetap Construction is MHG Hotels' in-house construction subsidiary handling hotel development and renovation projects including new construction and property conversions such as Spark by Hilton Fishers conversion.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Aimbridge Hospitality: Largest third-party hotel management company in North America operating franchised full-service, select-service, and resort properties across all major chains. Significantly larger scale and broader geographic footprint than MHG but competes for the same franchise-flagged assets and management contracts.
• Highgate Hotels: Major hotel owner, operator, and developer with a portfolio spanning luxury, lifestyle, select-service, and resort properties under Hilton, Marriott, IHG, and Hyatt flags. Competes with MHG for franchise affiliations and acquisition targets nationwide.
• LQ Management (La Quinta Holdings predecessor / Wyndham): Parent franchise platforms (Wyndham, Choice Hotels) of which MHG operates branded properties (Quality Inn, Comfort Suites). Relevant as franchisors setting PIP standards, royalty structures, and distribution channels that directly govern MHG's economics.

Others

• Apple Hospitality REIT: Public REIT owning upscale, upper-upscale, and extended-stay hotels under Marriott, Hilton, and Hyatt brands. Competes with MHG for acquisition targets and franchise affiliations, and could be a buyer/seller counterparty in MHG's Sun Belt expansion transactions.
• Pebblebrook Hotel Trust: Hospitality-focused REIT acquiring and operating upper-upscale hotels in major U.S. markets. Functions as a capital-rich buyer/competitor in the franchise-hotel M&A space where MHG is actively acquiring.

Direct peers

• White Lodging: Indianapolis-based hotel ownership, development, and management company operating Marriott, Hilton, Hyatt, and IHG franchised properties. Operates in the same Midwest and select Sun Belt markets as MHG with a comparable franchise-led, vertically integrated model.
• Sage Hospitality Group: Denver-based hotel management, development, and investment firm operating Marriott, Hilton, and independent lifestyle hotels. Comparable three-pillar model (acquisition, development, management) and franchised-property focus to MHG.
• Prism Hotels & Resorts: Dallas-based third-party hotel management company focused on franchised full-service and select-service properties across the U.S. Overlaps with MHG in franchise-brand operating model and select-service extended-stay focus.
• Schahet Hotels: Indianapolis-based family-owned hotel development and management company affiliated with Hilton, Marriott, and IHG brands. Closely comparable in size, geography, family ownership structure, and franchise mix to MHG Hotels.
• Marcus Hotels & Resorts: Family-affiliated hotel ownership and management division of The Marcus Corporation operating franchised and independent properties across the Midwest and select U.S. markets. Comparable in structure, geography, and brand-affiliated model to MHG.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mhg-hotels-llc-a8368648
• Facebookfacebook.com/mhghotelsllc

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about MHG Hotels