MXR Hospitality

MXR Hospitality is a joint venture between RREAF Holdings and McNeill Economy Hospitality, created to redefine excellence in the Extended Stay sector. By combining RREAF's real estate expertise with McNeill's deep hospitality experience, MXR Hospitality is poised for success in the high-growth extended stay hotel space.

The Extended Stay sector has seen rapid growth, yet many properties remain underutilized. MXR Hospitality addresses this with institutional discipline and operational excellence. RREAF and McNeill have established themselves as leaders in the industry. RREAF oversees a portfolio of nearly $5 billion in AUM with 12+ operational hotels. McNeill's historical portfolios have encompassed hundreds of properties affiliated with the most recognized hotel brands in the United States with a specific focus on select service and extended stay brands by Hilton, Hyatt, and Marriott.

Leaders in Hospitality

RREAF Holdings, a privately held, vertically integrated real estate investment and development firm, has formed MXR Hospitality, a strategic partnership with long-time hospitality investor Philip McNeill Sr. The collaboration aims to develop extended-stay hotels nationwide and create a hospitality management company dedicated exclusively to the extended-stay segment.

Among his many career accomplishments, McNeill was one of the first franchise owners of a Hampton Inn—opening the second location in its history in Little Rock, AR, in 1984—and was, at one time, the largest franchise owner of Hampton properties. McNeill also served as chairman/CEO for the publicly traded Equity Inns Inc. real estate investment trust from the company’s founding in 1993 to January 2005. He has also held the position of non-executive chairman of Equity Inns Inc. at the time of its sale in 2007 to a real estate fund of Goldman Sachs for $2.2 billion, with a portfolio of 138 hotels.

Our Mission

MXR Hospitality exists to elevate the extended stay experience through innovative real estate strategy and genuine hospitality, setting a new standard for comfort, consistency, and long-term value in a rapidly growing market.