Family-founded · Dallas, Texas · Est. 1980s

Building exceptional hospitality experiences.

Three generations of hospitality leadership — developing, building, and operating hotels that create lasting value for owners and partners, from ground-up new builds to distressed-asset turnarounds.

Fairfield Inn & Suites
TRU BY HILTON FRISCO
RESIDENCE INN BY MARRIOTT
HAMPTON INN
Home2 Suites by Hilton

Laser-focused on creating value, delivering on time, and protecting profitability — building on the core values we set as a family business.

— The ICON Mission & Vision
01 / 05

Fairfield Inn & Suites

Marriott Fort Worth

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Trusted Across the Hospitality Industry

5,500+ Hotel Rooms
$1.2+ Asset Valuation
12 States Covered
98% Investor Retention
Our Legacy

Building a legacy of hospitality excellence

Family-Founded, Nationally Recognized

Roots dating back to the 1980s

Learn More About Us
About ICON Lodging
Laser Focused

The secret to our success isn't a secret at all — it's a conscientious effort to continually build on the core values we developed early on as a family business. As our mission and vision evolved into one of the top hotel companies in the nation, we kept those values intact. With every project completed and every guest room rented, our clients and guests appreciate the way we deliver true hospitality.

Future & Growth

While embracing our core values, we continually focus on calculated yet aggressive growth — carefully planning around macro and microeconomic cycles to keep the trajectory steady. We grow alongside our key franchise partners to enter high-barrier markets regionally and nationally, backed by capital partnerships on both the equity and debt sides to make our projects a win for all parties involved.

01

Brand-certified development

Ground-up projects delivered to full franchise standards, from flag to finish.

02

Proven management

Hands-on operations engineered for top-tier net operating income.

03

Institutional investment structures

Ownership and capital frameworks built for serious partners.

/ History

How we began

ICON Lodging was created by combining many family-owned and operated hotels with roots dating back to the 1980s. Grassroots beginnings — living and working in a mom-and-pop hotel — gave us a foundation of core values that still drives the company today.

/ Mission & Vision

What we stand for

To maintain a highly respected hotel company while enhancing and growing our reputation through superior guest experiences. At ICON Lodging, we turn our vision into reality — one decision at a time.

/ Growth Strategy

Where we're headed

We expand our portfolio at a steady pace through both robust and turbulent economic cycles — making sound acquisitions and developments, capitalizing on favorable conditions, and partnering with great franchisors ready to help make our vision a reality.

End-to-End Solutions

Comprehensive Hospitality Services

ICON Lodging has unparalleled experience in the planning and execution of a wide variety of hospitality project types — from ground-up new builds to distressed asset repositioning.

construction New Construction from the ground
apartment Hotels with Residential & Retail
home_repair_service Extensive Renovation / Conversion
manage_accounts Brand Repositioning

Phase 01

Development

  • Site feasibility & market analysis
  • Brand negotiation — Hilton, Marriott & more
  • Ground-up development roadmap
  • Investment positioning & ownership structuring

Phase 02

Construction

  • Consultation & engineering design
  • Architectural coordination & brand compliance
  • Milestone-driven project roadmap
  • Quality control & punch-list management

Phase 03

Management

  • Sales, marketing & revenue management
  • Centralized accounting & financial reporting
  • Renovation management
  • Pre-opening services & technical coordination

Phase 04

Repositioning

  • Distressed-asset turnaround
  • Brand conversion & rebranding
  • Extensive renovation strategy
  • Value stabilization & exit planning

Specialized Service

Distressed Asset Management

We stabilize and increase asset value across distressed operations — rapid cash-flow analysis, lender coordination, and strategic staffing on a clear timeline and roadmap.

Specialized Service

Hospitality Receivership

Comprehensive receivership support — asset inventory, employee and vendor coordination, franchise compliance, and a clear exit strategy.

Project Types We Take On
01

New Build

Hotels constructed from the ground up — flag to finish.

02

Mixed Use

Developed alongside residential & retail in one footprint.

03

Conversion

Extensive renovation to bring a property to a new brand.

04

Repositioning

Cosmetic renovation & rebranding to reset market position.

Trusted Across the Hospitality Industry

MARRIOTT
Hampton
Tru By Hilton
HOME2
Motel 6
Microtel Inn
MARRIOTT
Hampton
Tru By Hilton
HOME2
Motel 6
Microtel Inn
Selected Works

Our Managed Properties

From ground-up developments to award-winning renovations, our portfolio spans 40+ hotels across multiple brands and markets — each a testament to our commitment to hospitality excellence.

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Residence Inn by Marriott Under Development
Residence Inn by Marriott
Fort Worth, TX
Tru by Hilton Frisco Dallas Current Hotels
Tru by Hilton Frisco Dallas
2310 Parkwood Blvd, Frisco, TX 75034
Springhill Suites Under Development
Springhill Suites
Abilene, TX
Residence INN Under Development
Residence INN
Dallas Drive Roanoke, TX
Residence Inn by Marriott Texarkana Current Hotels
Residence Inn by Marriott Texarkana
3900 St Michael Dr, Texarkana, TX 75503
Hampton Inn Midland South Current Hotels
Hampton Inn Midland South
2201 Camp St, Midland, TX 79701
Home2 Suites by Hilton Irving/DFW Airport Current Hotels
Home2 Suites by Hilton Irving/DFW Airport
4700 Plaza Dr, Irving, TX 75063
Home2 Suites by Hilton Grand Prairie Current Hotels
Home2 Suites by Hilton Grand Prairie
2123 W Interstate 20, Grand Prairie, TX 75052
Microtel Inn & Suites by Wyndham San Angelo Current Hotels
Microtel Inn & Suites by Wyndham San Angelo
4649 West Houston Harte Expr, San Angelo, Texas 76905
Home 2 Suits By Hilton Roanoke Texas Under Development
Home 2 Suits By Hilton Roanoke Texas
Roanoke, TX
Fairfield Inn & Suites by Marriott San Angelo Current Hotels
Fairfield Inn & Suites by Marriott San Angelo
1459 Knickerbocker, San Angelo, TX 76904
Tru by Hilton and Home2Suites by Hilton Current Hotels
Tru by Hilton and Home2Suites by Hilton
6730 NW Loop 820 Fort Worth, TX 76135
Four Points by Sheraton Midland Current Hotels
Four Points by Sheraton Midland
5518 Starboard Drive, Midland, Texas, USA, 79706
Motel 6 Ft Worth North-Saginaw Current Hotels
Motel 6 Ft Worth North-Saginaw
5335 S Blue Mound Rd, Fort Worth, TX 76106
Atrea Inn Amarillo Current Hotels
Atrea Inn Amarillo
2035 Paramount Blvd. Amarillo, TX 79109
Hyatt Place Champaign/Urbana Current Hotels
Hyatt Place Champaign/Urbana
217 N. Neil Street, Champaign, IL 61820, United States of America
Hampton Inn Current Hotels
Hampton Inn
2432 Sierra Drive, Wichita Falls, TX 76306
Albuquerque Home2 Suites by Hilton Current Hotels
Albuquerque Home2 Suites by Hilton
3201 University Blvd. SE Albuquerque, NM 87106
Fairfield Inn & Suites by Marriott Fort Worth Past Projects
Fairfield Inn & Suites by Marriott Fort Worth
TownePlace Suites by Marriott Fort Worth University Area/Medical Center Past Projects
TownePlace Suites by Marriott Fort Worth University Area/Medical Center
Hampton Inn Santa Fe South Past Projects
Hampton Inn Santa Fe South
Hampton Inn & Suites by Hilton Colleyville Past Projects
Hampton Inn & Suites by Hilton Colleyville
Home2/Tru by Hilton Euless DFW West Past Projects
Home2/Tru by Hilton Euless DFW West
TownePlace Suites by Marriott Waco South Past Projects
TownePlace Suites by Marriott Waco South
Hampton Inn & Suites Dallas/Richardson Past Projects
Hampton Inn & Suites Dallas/Richardson
La Quinta Inn & Suites Palestine Past Projects
La Quinta Inn & Suites Palestine
La Quinta Inn & Suites Cedar Hill Past Projects
La Quinta Inn & Suites Cedar Hill
Best Western Bridgeport Inn Past Projects
Best Western Bridgeport Inn
Super 8 Center Past Projects
Super 8 Center
Atria Inn & Suites Three Rivers Past Projects
Atria Inn & Suites Three Rivers
Belmont Inn & Suites Beeville Past Projects
Belmont Inn & Suites Beeville
Belmont Inn & Suites Pleasanton Past Projects
Belmont Inn & Suites Pleasanton
Best Western Luling Past Projects
Best Western Luling
Hawthorn Suites by Wyndham San Angelo Past Projects
Hawthorn Suites by Wyndham San Angelo
Hawthorn Suites by Wyndham Midland Past Projects
Hawthorn Suites by Wyndham Midland
La Quinta Inn & Suites Fort Worth Past Projects
La Quinta Inn & Suites Fort Worth
Days Inn Kinder Past Projects
Days Inn Kinder
Rodeway Inn Gainesville Past Projects
Rodeway Inn Gainesville
Rodeway Inn & Suites Austin Past Projects
Rodeway Inn & Suites Austin
Quality Inn & Suites Groesbeck Past Projects
Quality Inn & Suites Groesbeck
Fairfield Inn & Suites Dallas Park Central Past Projects
Fairfield Inn & Suites Dallas Park Central
9230 LBJ Freeway, Dallas, Texas, USA, 75243
Holiday Inn Express & Suites Searcy Past Projects
Holiday Inn Express & Suites Searcy
3660 Ferrin Trail, Searcy, AR 72143
Cambria Hotel Richardson - Dallas Past Projects
Cambria Hotel Richardson - Dallas
3605 Shire Blvd., Richardson, TX, 75082
Our Core Values

Values are the compass for every decision we make.

...resulting in a highly respected hotel company.

Our values guide every decision we make and shape the way we operate, grow, and serve. They are the foundation of our success, driving strong partnerships, responsible growth, and exceptional guest experiences.

01

Integrity

We do what we say and say what we do — in every relationship and every decision.

02

Growth Mindset

Steady portfolio expansion through calculated, strategic acquisitions.

03

Partnership

Win-win relationships built with franchisors, capital partners, and guests.

04

Hospitality Excellence

Delivering superior guest experiences at every property we operate.

Where Vision Meets Hospitality

Where Vision Meets Hospitality

From concept to completion, ICON Lodging develops and manages hotel properties built to perform — and built to last.

Services arrow_forward
22+ Developments
$150M+ Assets Financed
50+ Team Members
15+ Years of Experience
Executive Team

The People Behind the Excellence

Piyush Patel

Managing Partner

Piyush Patel

Nimesh R. Patel

Managing Partner

Nimesh R. Patel

Eric Mills

Vice President of Operations

Eric Mills

Trushar Bhakta

Vice President of Corporate Affairs

Trushar Bhakta

Ready to start your next hotel project?

Let's discuss how we can bring your vision to life.

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