Schulte Hospitality Group

 
 
 
 

Amzak Capital Management
& Mast Captital

 
 

Schulte Hospitality Group

  • 4th largest hotel management company in the U.S.
  • 3rd largest boutique hotel operator in the U.S.
  • 1999 company founded
  • 265+ assets
  • $3B+ hotel revenue under management
  • 41 states
  • 5 countries
  • 81 renovations completed
  • 18 ground-up hotel developments completed
  • 35,000+ room keys
  • 12,500+ associates
  • 300+ corporate associates
  • 200+ acquisitions since 2012
  • $8B+ total acquisitions since 2012
  • $300M+ F&B revenue
 
 

success stories

 
 

The Islander Resort

Florioda Keys

 
 
  • • Schulte Hospitality Group assumed management in March 2025 following completion of a $30 million renovation, implementing a comprehensive commercial and operational repositioning strategy.
  • • Since takeover, T12 RevPAR increased +20.0%, RevIndex (RGI) increased +28.4%, and GOPPAR increased +37.2% versus pre-SHG management.
  • • Rebuilt the commercial platform through enhanced revenue management, digital marketing, direct booking initiatives, and repositioned wedding and catering strategies.
  • • Strengthened leadership by rebuilding 75%+ of the executive team and enhancing guest experience, food & beverage, and resort operations.
  • • Positioned the resort for continued growth through expanded group, wedding, buyout, and ancillary revenue opportunities.
 

The Inn at Stonecliffe

Mackinac Island

 
 
  • • Schulte Hospitality Group supported the property's repositioning following an extensive restoration and expansion, preserving its historic character while creating a premier luxury resort experience.
  • • Led all aspects of pre-opening, including design consultation, leadership recruitment, commercial strategy, and operational readiness.
  • • Positioned the resort to capture affluent leisure demand through enhanced sales, marketing, revenue management, and luxury guest programming.
  • • Achieved a T12 (5/26) RevPAR of $484, supported by premium ADR positioning and a differentiated luxury experience.
  • • Named one of TIME Magazine's World's Greatest Places in 2024, reinforcing the resort's position as one of Mackinac Island's premier luxury destinations.
 

Marine & Lawn Rusacks Hotel

St. Andrews

 
 
  • • Schulte European Group took over management of the Marine & Lawn Portfolio in January 2020, with Rusacks St Andrews reopening to the public in Sept 2021 following renovations and 46 key extension.
  • • In spite of COVID impact, RevPAR increased +41% and RevIndex increased +20% in 2022A vs 2019A, in the first year under SEG management.
  • • New Golf Tour Operator (GTO) relationships have been a key source of business driving elevated rates.
  • • Targeting business in connection with local demand drivers, e.g. University of St Andrews, Prestwick Airport, agencies and corporate business.
  • • One of The Best New Hotels in the World: 2022 It List – Travel + Leisure, One of The Best Hotels in Scotland 2022 – Conde Nast Traveller, Part of the luxury Amex Fine Hotels & Resorts programme, Nominated for Cateys Award.
 

Hotel Washington

Washington DC

 
 
  • • Acquired the W Washington D.C. in 7/2021 and immediately upon acquisition removed the W flag and converted to the unbranded Hotel Washington D.C.
  • • Ran selection process of Brand, completed negotiations with different brands, and completed analyses for decision to go independent.
  • • Worked with branding agencies and relaunched the hotel as an independent brand with updated vision and concept.
  • • Re-conceptualized F&B and spa spaces based on market demand.
  • • Rebranded the rooftop bar and launched as the city’s iconic destination for drinks and events.
  • • Identified growth opportunities for F&B outlets through programming.
 

The Hoxton

Chicago

 
 
  • • Schulte has increased RevPAR by 47% (+$83) and GOP margin by 32.9% post-takeover.
  • • Our team implemented Schulte’s optimized operating procedures, evaluated and renegotiated all contracts, and introduced our technology stack to improve operational efficiency.
  • • Dedicated best-in-class Director of Revenue Management to support Hoxton Chicago with oversight from our corporate revenue team.
 

 
 

Schulte Hospitality develops and manages a diverse portfolio that includes boutique and lifestyle hotels designed to deliver distinctive, guest-driven experiences. These independent and design-forward properties emphasize personalized service and unique accommodations that reflect their destination and story. In addition to our core management services, Schulte provides tailored marketing and revenue support to build awareness, drive engagement, and generate demand for each property. Our purpose is simple: to set the stage for memorable stays and become part of the stories guests share long after their trip ends.

 
 

 
 

34th Floor Hospitality is part of the larger Schulte Hospitality platform — delivering full-service food & beverage consulting, brand development and operational management with precision, creativity, and rooted expertise. From initial concept creation to daily operations, our team brings an owner’s mindset, refined execution, and elevated guest experiences to hotels, restaurants, and venues worldwide.