Specializing in Hospitality Assets in the United States

Our Story

A Powerful Partnership

Spark GHC brings to life the vision and strategy of GHC’s hospitality vertical through a powerful 50/50 joint venture between Spark Hotels and Green Harvest Capital.

This collaboration was born from the recognition that combining the strengths of two industry leaders would create a formidable force in the hospitality sector. Spark GHC leverages the deep industry knowledge, financial resources, and operational expertise of both partners to execute a focused strategy of acquiring, developing, and managing exceptional hotel properties.

Together, Spark Hotels and Green Harvest Capital have formed a dynamic platform that is set to redefine the hospitality landscape, with Spark GHC leading the charge in delivering value and innovation in the marketplace.

Our Vision

Spark GHC is Redefining the Hospitality Landscape

At Spark GHC, we see a unique opportunity to revitalize the hospitality industry through strategic investment and innovative management. By leveraging our deep industry expertise, strong financial foundation, and a passion for exceptional guest experiences, we are driving growth and creating value in the markets we serve.

Our vision is to be the preferred partner for hotel owners and operators, delivering exceptional returns while making a positive impact on our communities. We are committed to:

Capitalizing on Market Opportunities: Identifying and seizing strategic investments in high-growth markets.

Exceptional Guest Experiences: Delivering innovative and personalized experiences that exceed guest expectations.

Building Strong Partnerships: Fostering long-term relationships with owners, operators, and brands.

Driving Operational Excellence: Implementing best-in-class management practices to optimize performance.

Contributing to Community Growth: Supporting local economies and creating positive social impact.

We envision a future where Spark GHC is an industry leader, distinguished by our unwavering commitment to exceptional guest experiences, empowered employees, sound financial stewardship, and sustainable practices.

Why Now?

Navigating the Evolving Hospitality Landscape

The hospitality industry is at a pivotal moment. A perfect storm of factors has created unprecedented opportunities for strategic investors. The COVID-19 pandemic accelerated industry shifts, leading to an aging ownership base and a surge in customer demand.

Spark GHC is uniquely positioned to capitalize on this dynamic landscape. Our experienced leadership team, combined with a strong financial foundation, enables us to identify and acquire high-potential assets. By leveraging our deep industry knowledge, we can optimize operations, enhance guest experiences, and deliver exceptional returns.

Our Target

Hospitality We Target

Underperforming Properties

Hotels with untapped potential that can be revitalized through strategic repositioning and operational enhancements.

Development Opportunities

Land or existing structures suitable for new hotel construction or adaptive reuse.

Core Plus Assets

Stabilized properties offering attractive risk-adjusted returns and opportunities for value-add initiatives.

Our Ideal Partner

Upper-Midscale and Extended Stay Brands

Brand Affiliation

80-120 

Keys

< 15 Years

Building Age

Minimal PIP Requirements

Condition

10-15

Year Renewal Options

United States + Ohio

Location

Our Passion


Ohio Hospitality

Concentrated Talent Pool

This region boasts a large and skilled workforce with experience in various manufacturing sectors, from steel and automotive in Pittsburgh to medical devices in Cleveland and chip production in Columbus.

Strong Infrastructure

The area is crisscrossed by highways, railroads, and waterways, creating a robust transportation network to efficiently move raw materials and finished goods. Major airports in each city further enhance national and international logistics.

Research & Development Hubs

Cleveland's world-class medical institutions and Pittsburgh's Carnegie Mellon University fuel innovation, while Columbus fosters research collaborations. This proximity to R&D gives businesses a competitive edge.

Abundant Resources

The region has access to natural resources like natural gas and freshwater, crucial for many manufacturing processes. Steel and natural gas production in the area also provide a readily available source of key materials.

Competitive Costs

Land and labor costs tend to be lower compared to coastal areas, making it an attractive option for businesses seeking to optimize expenses.

A golden triangle, superimposed on a map to represent the area between Cleveland, Pittsburgh, and Columbus
Our Approach

Creating Exceptional Hospitality Assets

Strategic Acquisition

Through rigorous research and analysis, we identify undervalued hospitality assets with significant growth potential. Our team meticulously evaluates property condition, market dynamics, and operational performance to inform strategic acquisition decisions.

Property Enhancement

We invest strategically in property improvements to optimize guest experience and asset value. Our focus on exterior maintenance, interior upgrades, and sustainable initiatives creates welcoming and environmentally responsible spaces.

Technological Innovation

We deploy cutting-edge technology to streamline operations, increase guest satisfaction, and drive financial performance. Our investments in hardware and software solutions improve efficiency, data analytics, and the overall guest journey.

Guest and Community Focus

At the heart of our approach is a deep commitment to guest satisfaction and community engagement. We cultivate a culture of exceptional service while actively contributing to the well-being of the communities we serve.

Leadership Team

Principals

Our leadership team brings a unique blend of hospitality expertise and financial acumen. With a combined decades of experience in the industry, our principals possess a deep understanding of hotel operations, development, and investment. Their proven track record of success, coupled with a passion for delivering exceptional guest experiences, positions Spark GHC as a leader in the hospitality sector.

*Proudly a Minority Business Enterprise.
*Amit Patel and Bhavesh Lad are GHC joint venture partners at Spark Hotels.

Bio
Amit Patel*
Chief Executive Officer
Bio
Bhavesh Lad*
COO & Head of Asset Management
A headshot of Bhavin Patel, a partner of GHC Industries
Bio
Bhavin "B" Patel
Chief Strategy Officer & Head of External Affairs
A headshot of Saagar Parikh, a partner of GHC Industries.
Bio
Saagar Parikh
President & CIO
A headshot of Mike Smith, a partner of GHC Industries.
Bio
Mike Smith
Property Improvement
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Invest with GHC for a better future.

At GHC, our investment strategy focuses on achieving the full potential of promising assets. We offer robust opportunities for our investors by nurturing businesses to reach their peak performance, emphasizing long-term growth over short-term gains. This approach secures stable growth and strong returns, creating lasting value for our investors and the communities we serve.