Rita Kamlesh Patel acquired the family's first hotel — the EconoLodge in Sioux Falls — in 2015. The family managed it directly for nine years before adding TownePlace Suites by Marriott in 2024.
AHM Hospitality began in 2015 when Rita Kamlesh Patel acquired the family's first hotel — the EconoLodge in Sioux Falls, South Dakota. What started as a single-property operation grew through nine years of disciplined operations into a multi-property platform.
In 2024, the family acquired TownePlace Suites by Marriott in Sioux Falls — the portfolio's entry into upper-midscale, branded hospitality.
Today, AHM operates a five-hotel portfolio across South Dakota and Minnesota, with active brand conversions underway in Worthington and Luverne. The company is built on a long-hold, family-owned operating philosophy: acquire underperforming assets in tertiary markets, execute brand-standard improvements, and operate for generational cash flow rather than short-term exits.
These are the standards every property is held to, whether it's a 67-key Marriott or a value-tier conversion in a rural market.
We manage what we own. No third-party operators, no pass-through management fees, no intermediaries between capital and property.
We operate exclusively under Marriott and Choice flags. Franchise systems de-risk demand generation and give us access to the largest loyalty and distribution networks in the industry.
Labor is our largest controllable cost. We invest early in systems — scheduling, inventory, guest messaging — that let smaller teams run larger properties without service slippage.
We underwrite for ten-year ownership, not flips. That changes every decision — capex, staffing, partner selection, capital structure.
We work with a small group of aligned partners. Request the deck or schedule a call — we respond within two business days.