Vesta in the News

Hotel operations are a complex endeavor, especially since they are amplified by the subtleties of managing people and caring for guests.

Outwardly, the stresses and strains were evident, as during the worst days of the pandemic, we scrambled to keep our properties afloat. We learned to mask up and social distance. There were new sanitation and housekeeping standards. In many cases, food and beverage services were curtailed. Cross-training was the order of the day as we learned to work with reduced staffing, even as many properties would quickly scale up and down business-wise.

The abrupt and unforeseen nature of the COVID-19 pandemic should really be viewed as a disruptive and unprecedented event, much different from the typical slow windup and eventual slowdown of an economic cycle. The attempts to mitigate the virus spread via restricted travel and stay-at-home orders in various parts of the country over the past 19 months proved to be a longer-term consideration for nearly all commercial real estate asset classes.

Hospitality is a broad concept, rooted in our most basic human experiences and impulses, and, also, an expansive industry with a wonderful history and traditions. From limited service and extended stay to full service and luxury properties, the modern hotel encompasses a broad range of services and amenities, in addition a room.

At its most fundamental, the hospitality industry has always been about anticipating and responding to the needs of its guests. Treat guests as you would like to be treated and you will be rewarded with their patronage, genuine appreciation and loyalty. Operating revenues and profitability will follow.

Rick Takach, CEO of hotel builder Vesta Hospitality, was on hand to turn over the ceremonial first shovelful of dirt, joined by Washington state Sen. Annette Cleveland and Port of Vancouver CEO Julianna Marler.

Whether it’s part of a rewards program or a long-term benefit, housing perks are something employees buy into.Everyone loves prizes — particularly when those prizes include free housing for a year.

A Developer Vesta Hospitality is putting the finishing touches on its plans for The AC Hotel by Marriott, which is slated to occupy one of the main lots at Terminal 1, the riverside redevelopment site owned by the Port of Vancouver.

Many factors go into the financial wheeling and dealing of the hospitality sector. One of the most important is finding the right partner.

Posted September 15th, 2017 A handful of chief executives from top owner/operators convened during the recent BITAC® Symposium 2017 to discuss current industry conditions and provide a glimpse into what they see in the near-term future.

Vesta Hospitality is pleased to become a new corporate partner for Columbia Springs, a nonprofit environmental education center based in Vancouver, WA.

Not only is Vesta Hospitality celebrating 20 years of being in business, it’s also boasting the upcoming lease of a public-private partnership project in its hometown, new acquisitions in a neighboring state, and reminding leaders in the hospitality space to always give back to organizations in surrounding communities.

Vesta Hospitality owns or manages hotels throughout the West, but it has only one in its own backyard of Vancouver.