management portfolio expansion
Benchmark Pyramid Assumes Management of Riverhouse on the Deschutes in Bend, Oregon
Benchmark Pyramid | April 11, 2022
Bend, Oregon hotel an iconic addition to Benchmark Pyramid’s growing global portfolio BOSTON and THE WOODLANDS, Texas – April 11, 2022 – Global hospitality company Benchmark Pyramid, has assumed management of Riverhouse on the Deschutes, a distinctive riverfront hotel on the Deschutes River in Bend, Oregon. “We are delighted to expand our portfolio of experiential resorts and hotels to the state of Oregon and Bend’s spectacular setting,” said Benchmark Pyramid President Alex Cabañas. “Riverhouse on the Deschutes offers the quintessential Central Oregon experience, with topnotch LEED Silver-certified conference faciliti...
Terrapin Hospitality Adds Seventeen Hotels to Managed Portfolio in Q1 2022
Terrapin Hospitality | March 23, 2022
Houston, TX — March 23, 2022 — Terrapin Hospitality, one of the nation's fastest-growing hotel management companies, announced today the addition of 17 properties with over 2400 keys to its managed portfolio in the first quarter of 2022. Terrapin experienced robust growth, building off the momentum from the company's recording-breaking 2021. The new properties include: 105-room Quality Inn & Suites, Castle Rock, CO 202-room Clarion Inn Sheffield Muscle Shoals, Sheffield Alabama 94-room Montana Trailhead Inn, Billings, Montana 100-room La Quinta Inn & Suites Jonesboro, Jonesboro, Arkansas – opening May 2022 1...
Davidson Hospitality Group Selected to Operate Lorien Hotel & Spa in Old Town Alexandria, Virginia
Davidson Hospitality Group | February 8, 2022
ATLANTA, GA – February 8, 2022 – Davidson Hospitality Group announces the addition of Lorien Hotel & Spa to its management portfolio, the third Washington D.C.-area hotel to be managed under the company’s Pivot lifestyle operating vertical. Located in the heart of Virginia’s historic Old Town Alexandria, the 107-room boutique hotel is just minutes from the metropolitan bustle of the nation’s capital and within easy access of the neighboring Virginia countryside. Lorien Hotel & Spa is an oasis for rejuvenation that embodies a West Coast vibe of casual elegance and laid-back luxury, nestled among the charming Old Town bric...
Valor Hospitality Partners Announces Inaugural Middle Eastern Property
VALOR HOSPITALITY PARTNERS | October 19, 2021
ATLANTA, GA – October 19, 2021 – Valor Hospitality Partners, a global, full-service hotel acquisition, development, management and asset management company, announced today the addition of the Middle Eastern property, IntercityHotel Dubai Jaddaf Waterfront to their portfolio. The introduction of this hotel to Valor Hospitality’s global portfolio marks the brand’s first hotel in Dubai, United Arab Emirates. The IntercityHotel Dubai Jaddaf Waterfront, located on Dubai Canal in Al Jaddaf, is set to open in late 2021 in a partnership between Valor Hospitality, City Investments LLC and IntercityHotel’s overarching hos...
Sandpiper Hospitality Adds Two Savannah Suites Extended Stay Hotels to Management Portfolio
Sandpiper Hospitality | August 17, 2021
Richmond, Va. – August 17, 2021 – Sandpiper Hospitality – a Virginia-based hotel management company with vast expertise in the extended-stay segment – has entered the Colorado market and is expanding its presence in Texas with the addition of two new Savannah Suites Extended Stay Hotels, one in Arvada, Colorado and one in Pleasanton, Texas. The 116-room metro Denver property has already been repositioned as a Suburban Extended Stay hotel, part of the Choice Hotel Group. Sandpiper Hospitality will soon launch a major renovation of the Arvada property, including extensive upgrades to all guest rooms, public spaces, and the exterior o...