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Wright Investments

About Wright Investments

A Different Approach for Better Results

Helping owners & investors improve asset value, increase NOI and provide significant returns.

Our Vision

To be successful in the hospitality business you must be committed…

  1. 01

    To providing financial results for all stakeholders.

  2. 02

    To creating experiences with a unique sense of place that exceeds guest expectations.

  3. 03

    To providing employees with an opportunity to grow and excel within the organization.

40+ years

For over forty years, Wright Investments has consistently provided better outcomes for capital partners, team members and communities. We provide an environment for professional growth and are vigilant about improving the guest experience through new, and creative, ideas for service and design and have earned several national awards for providing superior guest satisfaction and developing exceptional hotels.

Our Story

Wright’s approach is team-driven and investment-focused.

Our superior outcomes derive from our core values of Integrity, Diligence, Evolution, and Inspiration. Below are some milestone dates throughout the company's history.

  1. 1982
    • Founded by Larry Wright, Sr.
  2. 1995
    • Launched one of the first Courtyard by Marriott conversions in Winston Salem, NC.
  3. 1999
    • Successfully launched one of the first Springhill Suites by Marriott in Orlando.

    • Newcomer of the Year Award

      Won the Newcomer of the Year Award for the Hilton in Jackson, MS.

    • First downtown DC acquisition with the 212-room Holiday Inn Thomas Circle which was the first acquisition sourced by Larry Wright, Jr.
  4. 2003

    • National Best Opening Award

      Acquisition and launch of one of the earlier examples of urban adaptive reuse historical Residence Inn with the 1929 William Len building which won The National Best Opening Award

  5. 2006
    • Strategic cycle exit of 4 assets: Holiday Inn Memphis Downtown, Springhill Suites Orlando Altamonte Springs, Holiday Inn Orlando Altamonte Springs and the Courtyard by Marriott Nashville Vanderbilt.
  6. 2007
    • Acquisition of two hotels including the 152-room Capitol Hill Suites in Washington D.C. and the 337-room Doubletree Hotel Downtown Nashville.
  7. 2011
    • Hospitality Opportunity Fund l (HOF I) launch that acquired approximately $180M of assets consisting of 8 hotels.
  8. 2012

    • Global WOW Award

      Winner of Global WOW Award for the Hampton Inn Jackson Hole which was acquired in 2011.

    • Acquired hotels in downtown New Orleans, Memphis, DC Metro and Hilton Head Island among other destinations.
  9. 2016
    • Opened the flagship Moxy NOLA and hosted the Global Launch party - the Freakshow.
  10. 2017
    • Hospitality Opportunity Fund II (HOF II) launched with buying capability of over $400M.
    • Acquisition of premium hotels including two lifestyle hotels anticipated to be Autograph and Tribute by Marriott in the downtown locations of Memphis and Lake Placid, NY. We noted the renovations would likely be “market-straddling” and to create value independent of external economic conditions.
  11. 2019
    • Acquired zero hotels. Explored, but declined, acquiring hotel assets to intentionally avoid cyclical peak acquisitions.
  12. 2021
    • Acquisition of an independent hotel in the amazing leisure market of Sedona, AZ as first transaction after the global Covid travel lockdowns.
    • Acquired the Ansonborough Inn, an independent hotel originally built as a three-story stationer’s warehouse circa 1901 in historic Charleston, SC

Leadership

The people behind the track record.

  • Edward Herrick

    Executive Vice President of Operations

  • Tyler Brady

    Vice President of Acquisitions & Asset Management

Meet the Full Team

Let's talk about your asset.

Whether you're evaluating an investment or looking for a partner to manage your hotel, our team is ready to help.

Contact Us