Endeavor Hotel Group, a hotel management company based in Wichita, KS, today announced the acquisition of the Comfort Inn SW Omaha I-80 in Omaha, NE. This is Endeavor’s third hotel acquisition in the past fourteen months. The acquisition was funded through a syndicated offering to an experienced private investor group.
Endeavor owns and manages midscale hotels serving suburban and small city markets located in the Midwestern United States. The company began operations in late 2020 to acquire and manage hotels that are well positioned to benefit from the hospitality industry’s recovery from the COVID-19 pandemic alongside Endeavor’s performance enhancement strategy. Endeavor isled by President & CEO Roy Arnold, a hospitality industry veteran whose prior leadership experience includes overseeing a portfolio of 46 hotels across 23 states and serving as an officer in the United States Marine Corps.
“We are very excited about the Omaha acquisition.” said Arnold. “Our team is highly experienced in the Omaha market, which we believe aligns well with our strategic vision. Furthermore, the acquisition is a milestone achievement for us as it marks the successful completion of our first syndicated offering. We expect to consummate subsequent acquisitions in 2022 through similar structures as we continue to grow our footprint and capitalize on the clear market opportunity that presently exists.”
About Endeavor
Endeavor is a hotel management company based in Wichita, KS that owns and operates midscale hotels serving suburban and small city markets in the Midwestern United States. Endeavor’s founder and CEO Roy Arnold previously oversaw a portfolio of 46 hotels and 22 restaurants across 23 states. Arnold also served as CEO of Arlington Park International Racecourse and retired from the United States Marine Corps in 2006. For more information on Endeavor, refer to our website: endeavorhotelgroup.com
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