1. Fanatic Discipline
2. Productive Paranoia
3. Empirical Creativity
– Little Changes, Smaller Steps
4. Innovation & Execution
– Quick, Nimble vs. Deliberative

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(Southaven, Mississippi) Earlier this week, Principal Broker for newGen Commercial Realty, Dinesh “Dan” Rama, recently announced the sale of the 121-unit Holiday Inn in Southaven, Mississippi. Recognized as a Top 2% Holiday Inn nationwide, The Holiday Inn Southaven began, and has continued its ascent in the marketplace since its opening in 2008. Being the only full-service property in its competitive set, it is conveniently located near the Memphis International Airport and just around the corner from downtown Memphis. This outstanding property consists of an indoor swimming pool, fitness center, restaurant & bar, business center and 2,800 square feet of conference space.

Being one of the most viewed properties in The Hotel Inventory’s history, the popularity behind this opportunity has been self-evident. Through Mr. Rama’s 30 years of experience in the hospitality industry, he’s able to leverage his network and seamlessly find qualified and competent buyers.

Mr. Rama and newGen Commercial are excited to add this extraordinary project to this year’s accomplishments. With sales over $60 million worth of property sold so far this year, newGen Commercial 1st Quarter 2013 outlook is optomistic. Mr. Rama and newGen Commercial are excited and thankful for this opportunity, and look forward to what 2013 has in store.

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About newGen Commercial: A national hospitality firm specializing in investment, brokerage, and consulting- newGen Commercial was created by a group of well seasoned real estate professionals who are also owner/operators. NewGen’s many years of experience covering the entire county, in all aspects of the hospitality industry has allowed for a better understanding of property owners and purchasers as well as a wider range of access to these parties and their properties. NewGen Commercial views every investor, contractor, and third-party vendor as clients of our firm and believe that creating long lasting relationships with our clients leads to long term successes for every party involved. Please feel free to look more in to our company at www.newGenCommercial.com, or reach out to Dan directly at Dan@newGenCommercial.com

From Dan and the newGen family,

Happy Holidays!

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Please help the Asian American Hotel Owners Association get to the goal of 2012 likes, on our there Facebook Page. The link ishttp://www.facebook.com/aahoaoffice2?fref=ts There is a reward for this, AAHOA will randomly pick from the first 2012 people who hit the Like to win free mini ipads, there will be 3 available. So good luck and thanks for the help.

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Demand is up 4% over same time last year.
Group is up 3.2%
Transient Business is up 6% with 5.3% ADR increase
Transient Leisure is up 8%
Demand is outpacing supply by 25%
Group commitments for the first 8 months of 2013 are up over same time last year.

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