South Waterfront, Portland, Oregon, September 19, 2023 – Braintree Group, a privately held, vertically integrated, national real estate development and investment firm, announced today the grand opening of the River’s Edge Hotel, a Tapestry by Hilton. The newly renovated property is centrally located in the South Waterfront neighborhood overlooking the banks of the Willamette River.
The 112-room hotel was originally acquired by Braintree Group in June 2021 and officially joined the Tapestry Collection by Hilton on June 13, 2023. Resolute Road Hospitality will manage the property.
“Situated along Portland’s South Waterfront, overlooking the banks of the Willamette River, this property has tremendous growth potential,” said Eric A. Danziger, Chief Executive Officer, Braintree Group. “Our strategic decision to join the Tapestry Collection will allow us to tap into Hilton’s distribution systems and loyalty program. The addition of Resolute Road as the asset’s management will allow us to achieve operational efficiencies and increase the return to our investors.”
The extensive renovation focused on enhancing the overall guest experience and modernizing the hotel’s facilities. In addition to a freshly renovated lobby and guestrooms, the hotel now includes a brand-new coffee outlet, Mill Café & Lounge restaurant, lounge, market, meeting rooms, and modern fitness center.
“We are thrilled to be operating this newly renovated hotel under Resolute Road Hospitality’s management,” said Gary Horton, President, Resolute Road Hospitality. “The conversion to a Tapestry Collection by Hilton allows guests to take full advantage of their Hilton Honors Benefits while being able to stay at a hotel that portrays the unique atmosphere that Portland is so well known for. It continues to be our honor and privilege to welcome guests from around the nation, and our commitment to providing an exceptional guest experience is reflected in every corner of this revitalized space.”
Last week, Braintree Group and hotel manager Resolute Road Hospitality jointly hosted a grand opening party at the hotel. The guests included brand partners, investors, local partners, and hospitality industry participants.
