New owner to invest millions into Dayton hotel

New website is up and accepting reservations

The new owner of the the former Ramada Inn at Wagner Ford Road said the hotel may not be known as “The Hotel Dayton” for very long.

The owner, Navin Makan, chief executive of M.K. Hospitality Inc., said that the hotel may move to identification with a franchise brand in six or more months.

“The Dayton Hotel is only there in the middle part of it,” Makan said Wednesday.

He estimates he will invest “at least” $3 million to $4 million in renovating the hotel off Interstate 75. Makan bought the property for $1.8 million about a month ago, and a new sign was raised Tuesday.

A website by the hotel's new name is up and accepting reservations, even as renovation work continues.

Makan termed what is happening now just a “soft opening” before the hotel is re-branded. He wasn’t sure which brand that will be, but he thought the transition might take at least six months, perhaps more.

The hotel houses 231 rooms, three banquet rooms, a pool, a bar and space for a restaurant.

Here’s an edited transcript of a phone conversation we had with Makan Wednesday:

Q: When will you move to identification with a franchise?

Makan: "We want to change the condition of the hotel first by taking care of all the renovation it's going to need.

“We’re going to go with a franchise in a short period, to another brand. We’re going to actually have a brand there, a franchise brand. We don’t know yet who we’re going to go with. It could be a Radisson or a Doubletree.

“We want to change the condition of the hotel first by taking care of all the renovations that it’s going to need.”

Q: What did it take to buy the hotel?

Makan: "We took it over from Mike Heitz (a Lexington, Ky.-based investor and a principal with Garrett LLC who has worked with Dayton properties in the past). We operate other hotels in California and places like that. Mike saw our operations; he came down to California …

“We have Country Inn & Suites by Carlson out here (in San Bernadino, Calif.). He saw that operation.”

Q: What renovation work are you doing with The Hotel Dayton now?

Makan: "We're going to do a lot of renovation out there, starting with the roof and other things. And then the parking lot and everything.

“Plus, we’re going to turn this into almost an eco-friendly hotel. We’re going to create energy for power, for the electric itself, so it will be self-sustained.

“So we’re hoping to be off the grid. We should be creating our own power there.

“We don’t want to jump in and not have everything ready. The roof will take a little bit of time because of your weather. So once that is really done … then I will go in and start renovating the rooms.”

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