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Good News

For the latest Good Hospitality Services news.
  • Bloomington Indiana Homewood Suites by Hilton receives award

    Bloomington Indiana Homewood Suites by Hilton received an “Outstanding” rating in August 2019 on their most recent Brand Quality Audit.

    https://www.hilton.com/en/hotels/bmghwhw-homewood-suites-bloomington/

  • Northwest Indianapolis Homewood Suites by Hilton receives award

    Northwest Indianapolis Homewood Suites by Hilton received an “Outstanding” rating in August 2019 on their most recent Brand Quality Audit.

     

    https://www.hilton.com/en/hotels/indnwhw-homewood-suites-indianapolis-northwest/

  • GHS has started construction on a new property in Fort Myers, Florida

    This property is owned by HRC and developed & managed by GHS.

    This location will have an anticipated 118 rooms and will be opening late 3rd quarter of 2020.

    4333 Ford Street Fort Myers, Florida 33916

  • GHS has started construction on a new property in Naples, Florida

    This property is owned by HRC and developed & managed by GHS.

    This location will have an anticipated 99 rooms and will be opening early 2nd quarter of 2020.

    685 Kramer Drive Naples Fl 34109

     

     

  • Hampton Inn & Suites Marshalltown, Iowa team participates in another Adopt-A-Highway program day

    Hampton Inn & Suites Marshalltown, Iowa team takes great pride in participating in the Adopt-A-Highway program.

    Several times per year they go out and clean the ditches on their segment of Highway 330. The weather finally allowed them to get out there and clean up towards the end of June.

    We are very proud of our Iowa team! 

  • GHS chosen as hotel development consultant for Fairfield Inn and Suites Fair Oaks Farms

    Good Hospitality Services has been named the Hotel Development Consultant for the Fairfield Inn and Suites by Marriott at Fair Oaks Farms, the nation’s largest agritourism destination.  The hotel contains 31 suites, 8 of which are Silo Suites with 505 square feet for families and bridal parties.  The hotel will connect to conference space and the Farmhouse Restaurant.  The 99-room upscale barn-shaped hotel is scheduled to open in January 2019. 

     

  • Interview with President Jeff Good, Company culture a priority at GHS

    Jeff Good, president of Good Hospitality Services, talks about the importance of having and promoting a positive company culture, which is a key to success behind his company that has built over 60 hotels in the last 20 years.  Jeff was asked to speak at the Hotel Data Conference in Nashville, TN in August 2018. In his interview with Hotel News Now, Jeff discusses some exciting new projects that Good Hospitality Services is working on and the change in the hospitality industry over the last 25 years.  Watch  Jeff’s full interview below with Hotel News Now:

     

    https://youtu.be/9Otl35oHIf4

  • Home2 Suites by Hilton Coming to Naples, Florida in 2020

    Good Hospitality Services is developing a new Home2 Suites by Hilton in Naples, Florida. The exciting new property is set to open in 2020. More details to come soon!

  • SpringHill Suites Hotel coming to Munster

    There is a brand new Springhill Suites hotel coming to Munster, IN. To get a GOOD read, click the link below.

    http://www.nwitimes.com/business/springhill-suites-hotel-coming-to-munster/article_b2ac71a9-0fbe-58a5-8e46-00251c157046.html

  • The Man Behind the Success

    Get to know the owner of Good Hospitality Services, Jeff Good.
    NWI Times | Deborah Laverty

    "It's hard for Jeffrey J. Good to remember a time in his life when he wasn't working.

    Good, the 55-year-old president of Good Hospitality Services Inc., was in sixth grade when he began shoveling sand at his family's Morgan Township business, Good and Sons Construction."

    READ MORE >

  • Centennial Village Construction Kicks Off in Munster

    Good Hospitality President, Jeff Good, discusses the SpringHill Suites by Marriott hotel development at the groundbreaking.

    Good Hospitality has begun the process of adding a new hotel to the portfolio. The new Springhill Suites broke ground at its site in Centennial Village in Munster, IN. "Located at the corner of Calumet Avenue and Superior Street, the new 62,000-square-foot hotel will feature 99 hotel rooms, a pool, patio and sun deck, exercise room and cafe" said Core Construction manager Scott Olthoff. The Springhill Suites is set to open in Summer 2017.

    READ MORE >
    NWI Times

  • President of Good Hospitality Weighs in on Future Hotel Market

    Buy or Build?

    When it comes to running any business, especially a hotel business, this is one of the key questions any Owner has to make. There are caveats that come along with both sides. Jeff Good, President of Good Hospitality Services, recently was part of an owner's roundtable that dove into this very question.

    When it comes to buying or building, the two main factors to consider are Market & Location. Do you build in a city, like Chicago, with the hundreds of already established hotels? Or do you build in suburan area where you might have to spend extra money to develop the land around it?

    In 2014, STR Analytics based a study on what the average cost of building verses buying came out to.

    To Buy a hotel in 2014, it would cost, on average, $219,000 a key.

    To Build a hotel in 2014, it would cost $186,000 a key.

    So the easy bet would be to build a new hotel. However, this is where Jeff and other owners have done their homework and found the answer isn't so straight forward. Impact Fees have changed the nature of just building a new hotel. These fees, usually government or city related, have inflated the rate at which you can build a new hotel. As you go through the process, they just seem to add on, add on, add on. So when you're sitting here looking at your development budgets, it's, You didn't have that figured out. You didn't have that figured out. It becomes a bit more cumbersome. He also added, I think that's the way of the future. I think you're going to see more and more of that.

    One other big factor on whether to build or buy, is do you want to pay a premium to buy? Most people don't ever want to pay more then what something is worth, but there is a factor most people forget. If you pony up a little bit extra right now and buy the hotel for a premium, you start making money back on it tomorrow, compared to waiting 2 or 3 years while constructing a new hotel.

    Needless to say, the answer is not a definitive one, but with owners like Jeff Good and others constantly out on the forefront, the question may one day be answered.