KPartners Announces New Ownership

K Partners Announces New Ownership

Longtime employee and CEO, Debbie Goeken, purchases family owned business

San Antonio, TX (February __, 2017) – K Partners, a leader in exceptional hotel management, is embarking on an exciting new chapter announcing that CEO and 15-year employee, Debbie Goeken, is their new owner.

Originally established by Walter K. Myers as a hotel owner/operator entity in 1996, K Partners transitioned into an operations management firm after Myers’ death in 2011. Goeken led the two-year transition, finalizing the sale of 20 properties ($231 million in assets) while rebuilding the business in a new direction.

“K Partners has become a leader in managing employees, managing the business, and managing the money for both independent and brand-affiliated properties. That’s what we do and we do it well,” said Goeken. “When property owners ask us to manage their accounting, that is a true testament of their trust in our team.”

Goeken purchased the company from Myers’ widow Sondra, who retained ownership following her husband’s death. As a longtime K Partner executive who helped navigate the company’s transition to a hotel management company, Goeken is committed to continuing Myers’ legacy.

“Part of being a family owned company, meant that we became one big family with a vast amount of industry knowledge. We are all very dedicated to the legacy of Mr. Myers and to the success of our hotel and property partners.”

Goeken’s goal is to transition K Partners into an employee-owned company. “Most of the K Partners team has been on board for years. Their knowledge base and dedication is what has gotten us to where we are today. Together, we will continue to grow this company.” In the past three years, the company has added 16 properties to its management portfolio. It has also expanded outside of the hotel business, now managing two golf courses and several retail centers. “We are looking at growth sectors from coast to coast, and are embarking upon the diverse opportunities that property management provides,” added Goeken. “We have a well-balanced background with retail, golf courses, country clubs and hotels. We already had a phenomenal reputation; now, we now have a destiny.”

About K Partners

San Antonio-based K Partners Hotel Management is a dynamic hotel management company committed to excellence in the operation of full and select service hotels throughout the United States, including all U.S. Territories. Formed in 1996 by Walter K. Myers, the award-winning company has built, operated, and managed a wide portfolio of multi-branded hotels in multiple markets with an outstanding record of success.  K Partners Hotel Management offers a full range of professional hotel management services to both independent and brand-affiliated properties.For more information, visit http://www.KPartnersusa.net.

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