Elise Capital Quarterly Journal: Q4 2024
Celebrating 5 Years of Success!
This year marks a significant milestone for Elise Capital as we celebrate five years in business. Since our founding in 2019, we have achieved remarkable growth:
Portfolio Expansion: Elise Capital now manages three hotels across two major brands, totaling 227 keys and $30 million in Assets Under Management.
Empowering Investors: We welcomed new investment partners, continuing our mission to make hotel investments more accessible to diverse communities.
Enhanced Asset Management: With increased site visits, collaborative “lunch and learns” with on-site teams, and innovative strategies with our management partners, we’ve refined our approach to drive success.
Goldman Sachs Partnership: Elise Capital participated in the Goldman Sachs One Million Black In Business program, gaining critical guidance to propel our vision forward through 2025.
Making A Community Impact
We remain committed to empowering the next generation of leaders in hospitality:
Guest Lectures: Our team shared expertise at prestigious institutions, including Morgan State University, Harvard University, Temple University, the University of the Bahamas, and the University of Maryland Eastern Shore.
Advisory Programs: We launched a new cohort to mentor aspiring hoteliers, offering guidance on development and acquisition projects.
Leading In The Industry
Elise Capital continues to shape the hospitality industry through active engagement:
Conference Participation: We attended key industry events, including ALIS, Hunter, and NYU. Our CEO, Kendra Plummer, was honored to speak as a panelist at Hunter and NYU.
Strategic Insights: At the IHG Owners and Operators Conference, we explored innovative strategies to enhance hotel operations and safeguard investments.
Advocacy and Representation: Kendra Plummer also served as a panelist at the National Association of Black Hotel Owners Summit and the inaugural Hospitality Hued Summit.
Leadership Recognition: Our CEO was elected to the IHG Owner’s Association Committee for the Holiday Inn Express brand.
Looking Ahead
As we reflect on our achievements, we’re setting ambitious goals for the future:
Expanding Horizons: Tackling larger assets to grow our portfolio and enhance our impact.
Building Our Team: Attracting top talent to join Elise Capital and support our mission.
Strengthening Relationships: Fostering deeper connections with our communities and stakeholders.
Elise Capital – Empowering Growth, Inspiring Change.
Thank You
Elise Capital is a firm powered by our community. Thank you for your continued support in our journey. We look forward to continuing our quarterly updates with you. More to come!
Hospitably,
Kendra Plummer