We are WAYSIDE

INVESTMENT GROUP

Guided by the Past. Inspired by the Future.

Finding success, in the
success of others.

Wayside Investment Group, whose roots date back to 1997, was launched in 2020 and specializes in making opportunistic investments in lodging and hospitality real estate sector. The Houston-based privately held company brings together individulas, capital, and innovation to drive financial growth for their stakeholders and communities by providing long-term value through hospitality.

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Our Team

A leadership culture that inspires passion.
samir patel

Samir Patel

Chairman
miraj patel

Miraj Patel

President
ash patel

Ash Patel

VP, Construction
Saajan Patel

Saajan Patel

VP, Development
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Defined by our values. Striving for success.

Integrity

We follow strong moral principles for each of our associates, investors and guests.

Dedication

We are committed to our duties and all of our guests for an outstanding experience.

Collaboration

We support and work hand in hand with each associate for intellectual and excellent results.

Community

We support the growth and well being of neighborhoods for each of our hotel locations.

Excellence

We strive for a remarkable stay for each guest and are committed to our progress to drive superior returns for our investors.

Services

Putting purpose first as we create an aligned way to invest, together.

Investment

Our strength lies in our roots.

Built on 50+ combined years of hospitality industry roots, our experience allows us to create rewarding opportunities for our investors by strategically bringing together individuals, capital, and innovation. We invest in high-quality assets, focusing where we see outsized growth potential driven by global economic and demographic trends. Driven by performance, our key focus is achieving an optimal return through all types of economic conditions.

Development

Real estate is more than square feet, and we look at every apsect.

We take pride in the appeal and designing for each of our development projects. Every development, construction and renovation project relies upon market analysis, while keeping in mind the overall cost optimization for each project. From design to opening, communication is what ties our projects together. We are committed to overseeing each stage of construction, assuring the project meets our quality standards, brand standards and the budget.

Management

We create the foundations for a great stay.

By overseeing operations and maintaining our assets, we make sure every single touch point meets and exceeds guest expectations. Consistent management lies upon the same framework for an exceptional bottom line. Quality assurance as well as sales and marketing are of our highest priorities. We specialize in assessing, managing and improving all aspects of the hotel.

From independent hotels to flagship hotels a€” Wayside Investment Group provides strategic, operational, and financial insight to our partners so we can consistently deliver success.

Value Add

Our value-add strategy provides for a total return by primarily acquiring class a€?Ba€? and a€?Ca€? assets where we reposition and reconfigure them into an institutional quality product and then sell to a broader marketplace. Value creation is achieved by successfully enhancing the asset through extensive renovations and change of operations.

Long Term

Our longer duration income strategy provides for an enhanced current yield by acquiring and developing income-producing hotels with strong operational performance in solid and growing markets.

Portfolio

Developing remarkable experiences one hotel at a time.

MOST RECENT WORKS

What The Industry Says?

Wayside Investment Group continuously produces top-quality Red Roof-branded hotels. Miraj and his team go above and beyond to exceed the brand standards and guest expectations in their respective markets. We look forward to continuing and further strengthening our relationship with their company.

Matthew Hostetler Chief Development Officer, Red Roof

Miraj and his team are fantastic to work with. He just does things the right way and is wise beyond his years. Their attention to detail and commitment to quality are second to none. We look forward to working on many more projects with Wayside Investment Group in the years to come.

Brandon Moore Managing Director, North American Development, Best Western International, Inc

Case Studies

Our notable case studies for your review.
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RED ROOF PLUS+ GALVESTON BEACHFRONT

Opportunity

Built in 2001, Wayside Investment Group acquired the Travelodge by Wyndham in November 2019. The hotel presented a substantial opportunity as we identified the a€?Ca€? asset in an a€?Aa€? location as under managed and poorly maintained, causing it to under penetrate the market and perform below its competitive set of hotels.

Result

Wayside Investment Group implemented their longer duration income strategy by repositioning the asset through extensive renovations and a brand conversion to a Red Roof PLUS+ a€“ the leader in economy lodging. Within the first quarter, the asset indicated enhanced yields a€“ and sees year over year RevPAR growth and strong financials.

Careers

Join our Team

Many factors combine to create a successful company. At Wayside Investment Group, our focus is on people a€“ those we serve, and those who help us serve. Through our shared values, we meet commitments and fulfill expectations with a team-oriented culture. We are constantly seeking highly motivated individuals who are willing to grow with us. Gain a rich and valuable experience in the hospitality industry with a career at Wayside Investment Group. Get started below.

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Get in Touch with us

Send us an Email


Our Office8866 Gulf Freeway, Suite 250-B Houston, TX 77017