Phoenix American Hospitality (PAH) is an opportunistic hotel fund manager that believes that the current economic and real estate environment has created acquisition opportunities in select markets. We purchase hotels in areas where anticipated new construction is difficult due to high construction costs, availability of top-tier franchises have already been identified and future hotel zoning sites do not present competition. The ability to profit in an opportunistic cycle is based upon our value enhancement strategy.

A sound acquisition policy followed closely by Phoenix American's ability and experience to execute that policy.