HOTEL INVESTMENT AND ASSET MANAGEMENT FIRM

Places designed for reset and the start of what's next.

The Turn Hotels is a vertically-integrated hotel investment and asset management firm focused on evolving overlooked assets into lifestyle destinations. The Turn is the midpoint of a round of golf, when momentum shifts. We believe a hotel stay should do the same. Our properties are designed for reset and growth: spaces where guests reconnect with themselves, spark something new, and step into what’s next.

AC Hotel by Marriott Vancouver — ground-level view
Team

Close enough to see the cracks. Far enough to see the skyline.

We are ambitious, disciplined investors and operators with decades of hands-on experience acquiring and repositioning small businesses. We're also a father-daughter team — a genuine alignment of interests, and a lot of dinner conversations about cap rates.

Selina Vellani Farrand

Selina Vellani Farrand

FOUNDING PARTNER & CEO

Seattle, WA

Selina's experience spans venture-backed startups, private equity, and investment banking. She most recently served as CFO at Boundless Immigration (Seattle), leading the company's financial and M&A strategy, as the company scaled from 40 to 600 employees and completed three strategic acquisitions. Prior to Boundless, she held strategy and finance leadership roles at Daily Harvest (New York) through its Series A to C journey. Earlier in her career, she was an investor at Abry Partners (Boston), a private equity firm investing $20-$200 million in software and services businesses. She began her career in leveraged finance investment banking at UBS (New York).

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Hanif Vellani

Hanif Vellani

FOUNDING PARTNER

Vancouver, BC

Hanif is the CEO of Hallmark Hotels, a Canadian hotel investment, development, and asset management firm with 37 years of operating history across 12 acquired, repositioned, and operated properties. He has built and maintained franchise relationships with Marriott, Choice, Wyndham, and Best Western, and has overseen the design, construction, and renovation of 15 hotel and residential projects.

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Portfolio

Hallmark Hotels portfolio.

4 decades of outperformance on RevPAR Index, EBITDA margins, and investor returns. Valuable learnings that guide our underwriting and operating strategies at The Turn Hotels.

AC Hotel by Marriott Vancouver — Vancouver, BCIn Development

AC Hotel by Marriott Vancouver

Vancouver, BC

Acquired
2017
Four Points by Sheraton Edmonton International Airport — Edmonton, ABActive

Four Points by Sheraton Edmonton International Airport

Edmonton, AB

Acquired
2015
Best Western Premier Freeport Inn Calgary Airport — Calgary, ABExited

Best Western Premier Freeport Inn Calgary Airport

Calgary, AB

Acquired
2011
Best Western Plus Toronto Airport Hotel — Toronto, ONActive

Best Western Plus Toronto Airport Hotel

Toronto, ON

Acquired
2006
Quality Inn Downtown Inner Harbour — Victoria, BCExited

Quality Inn Downtown Inner Harbour

Victoria, BC

Acquired
2005
Ramada Victoria — Victoria, BCExited

Ramada Victoria

Victoria, BC

Acquired
2005
Quality Inn Downtown Vancouver — Vancouver, BCActive

Quality Inn Downtown Vancouver

Vancouver, BC

Acquired
1997
Ramada by Wyndham Kamloops — Kamloops, BCExited

Ramada by Wyndham Kamloops

Kamloops, BC

Acquired
1996
Best Western Austrian Chalet — Campbell River, BCExited

Best Western Austrian Chalet

Campbell River, BC

Acquired
1995
Travelodge Nanaimo — Nanaimo, BCExited

Travelodge Nanaimo

Nanaimo, BC

Acquired
1995
Travelodge Courtenay — Courtenay, BCExited

Travelodge Courtenay

Courtenay, BC

Acquired
1992
Travelodge Maple Ridge — Maple Ridge, BCExited

Travelodge Maple Ridge

Maple Ridge, BC

Acquired
1989
Investment Criteria

We're looking for great assets with a product differentiation opportunity.

Asset Profile

  • 2/3-star properties, 50–175 keys
  • Attached food & beverage operations
  • Strong re-positioning potential

Target Markets

  • U.S.: California, Washington, Oregon, Idaho, Utah, Arizona, Wyoming, Colorado, Michigan
  • Canada: British Columbia, Alberta

Market Characteristics

  • Emerging lifestyle destinations
  • Markets with enduring demand anchors
Contact

Get in touch.

We are actively sourcing our first property. If you are a broker or owner of hotels that fit our criteria, we'd love to connect.

Email Address
selina@theturnhotels.com