Think Hospitality
Think Hospitality Overview
Industry
About Think Hospitality
Think Hospitality is a dynamic hospitality management company founded in 2012 by Shawn Vardi and headquartered in Miami Beach, Florida. Focused on delivering innovative operational models and financial results using cutting-edge technology, Think Hospitality stands out as a leader in the independent hotel sector.
By leveraging a vertically integrated business model, Think Hospitality manages a diverse portfolio including over 300 hotel rooms and two restaurants, mainly in Miami Beach and Hollywood Beach, FL. Their approach provides scalable financial solutions traditionally reserved for larger chains, making them a disruptive force in hospitality management in Miami.
Company Overview and History
Founded: 2012
Founder: Shawn Vardi
Headquarters: Miami Beach, Florida, USA
Industry: Hospitality Management
Number of Employees: Not specified
Annual Revenue: Not specified
Think Hospitality Mission Statement
"To deliver financial results using innovative operational models, cutting-edge technology, and an analytical approach."
What Makes Think Hospitality Different
Think Hospitality differentiates itself by offering independent hotels robust, scalable financial and operational solutions that traditionally have been available only to large hotel chains, through economies of scale and a verticalized operation model.
Verticalized Management Structure
By integrating sourcing, financing, developing, managing, and operating hotel and restaurant assets under one roof, Think Hospitality ensures cost savings in each department that are passed onto the managed properties.
Focus on Independent Hotel Competitiveness
Think Hospitality aims to level the playing field for independent hotels by providing financial and operational efficiencies, enabling them to compete head-to-head with larger hotel chains in Miami and beyond.
Think Hospitality Services and Managed Properties
The company offers a wide range of specialized services designed to enhance hospitality operations and guest experiences.
Core Services Offered
- Reservations
- Revenue Management
- Sales & Marketing
- Finance & Accounting
- Branding & Design
- Food & Beverage Management
Key Managed Properties in Miami
- The Plymouth Hotel — 336 21st St, Miami Beach, FL 33139
- Esme Hotel — 1438 Washington Avenue, Miami Beach, FL 33139
- The Boulan Hotel — 2000 Collins Avenue, Miami Beach, FL 33139
- Costa Hotel — 777 N Ocean Dr, Hollywood Beach, FL 33019
Think Hospitality Business Model and Operations
Think Hospitality operates as a vertically integrated company that controls a wide range of hotel and restaurant functions from financing and development to operations, which allows for close oversight, cost efficiency, and maximized revenue generation.
Currently, the group owns and operates over 300 hotel rooms primarily in Miami Beach alongside two restaurant establishments, emphasizing their strong presence in Florida’s hospitality market.
Employment and Career Opportunities at Think Hospitality
As of the latest available information, Think Hospitality does not list any current job openings. However, their continued growth in Miami's competitive hospitality scene suggests potential future career opportunities in hospitality management, operations, and specialized service areas.
Financial Performance and Market Position
While specific financial figures are not publicly disclosed, Think Hospitality positions itself as an innovative and disruptive leader in the independent hotel sector in Miami. Their approach enables independent properties to compete efficiently by accessing cost-effective, scalable solutions.
Corporate Social Responsibility
Details about Think Hospitality's corporate social responsibility initiatives are not publicly available at this time. Like many hospitality leaders, future efforts may focus on sustainable practices and community engagement in Miami Beach and surrounding areas.
Think Hospitality Locations and Contact Information
Think Hospitality primarily manages properties in Miami Beach and Hollywood Beach, Florida, strengthening its local presence in these key hospitality markets.
Contact Information
Phone Numbers: (305) 602-5000, (786) 535-1300, (305) 397-2274, (786) 275-6109
Mailing Address: PO Box 398007, Miami Beach, FL 33239
Website: thinkhospitality.com
Competitive Analysis
Think Hospitality stands out among hospitality management companies by providing independent hotels with access to comprehensive financial solutions and operational efficiencies that were once the domain of larger chains. This strategic positioning enhances their managed properties' ability to compete effectively in Miami’s vibrant hospitality market.
Future Outlook for Think Hospitality
The company is actively expanding its portfolio and services, aiming to further disrupt the independent hotel market through innovative and cost-effective management solutions. Their growth plans indicate a commitment to strengthening their leadership in Miami and potentially other key markets.
Investment in Technology
Think Hospitality prioritizes the integration of cutting-edge technology and an analytical approach, using data-driven solutions to optimize financial results and operational efficiencies across its managed properties in Miami Beach and Hollywood Beach.