President's Message

Fellow Partners, Friends & Associates,

Navika Group Of Companies is a membership based limited liability company, predominantly in the hospitality business owns and manages, through (Blue Sky Hospitality Solutions) quality upper upscale, upscale, midscale, economy brands and extended stay hotels in institutional, urban gateway and secondary markets from NorthEast to West Coast, including coastal destinations.

Navika commenced its business in 2005, with a vision to invest in Commercial Real Estate and Hospitality Assets in diversified geographical locations throughout America. During the beginning stage, Navika invested its capital into office buildings, shopping centers, multifamily and golf course. The company at present, focuses largely in the hospitality ­­­­sector as it has gained expertise in managing hospitality assets. Navika meticulously monitors the company performance at the property level and continues to pursue opportunities to enhance value, increase efficiencies, focus on guest experience, and brand compliance. Navika’s operation and management arm (Blue Sky Hospitality Solutions) continues to focus on quality and service and is positioned for servicing third party management of hospitality and non-hospitality assets.

The company was founded with a goal to create an organization with integrity, ethics, and defined plans. The company continues to meet financial expectations of partners, team members and management team, operating and managing assets with an emphasis of guest experience and tenants’ expectations, driving revenue and operating profits. We have been striving to build value for our partners and team members while advancing the culture and spirit to attain excellence. We believe there are endless opportunities to improve through innovation and team approach to problem solving. In our culture, we view teamwork and personal productivity as the twin pillars of organizational success, and that helps to make us a company in which ambitious associates can always thrive.

Like any business, we have challenges and concerns. The growth of performing assets and requisite capital are concerning matters. We are working towards better leveraging and capital growth, however, remains challenging due to slow recovery from COVID-19. We have plans to expand our company and continue to grow the asset base and portfolio of the company. We are continuously working to grow the capital and partners base and are seeking quality hotels to expand our hospitality portfolio.