TPG Hotels Resorts and Marinas
Procaccianti Companies Expands Upscale Boutique Hotel Collection With Acquisition of the Chatham Wayside Inn on Cape Cod
Procaccianti Companies | March 31, 2022
Providence, RI– March 31, 2022 – Procaccianti Companies, one of the nation's premier real estate investment and services firms, today announced the acquisition of The Chatham Wayside Inn, located at 512 Main Street, Chatham, Massachusetts, in the heart of historic Cape Cod. The 56-room independent property will be managed by Procaccianti's hospitality management affiliate, TPG Hotels, Resorts & Marinas. CBRE Hotels acted as exclusive advisor to the seller; purchase price and details regarding the transaction will not be disclosed. "The acquisition of this property in world-famous Cape Cod (MA) aligns perfectly with our st...
TPG Hotels, Resorts, and Marinas Acquires Marshall Hotels & Resorts
Marshall Hotels and Resorts, Inc. | January 26, 2022
Providence, RI — January 26, 2022 — TPG Hotels, Resorts and Marinas (TPG), one of the nation's premier hospitality firms, today announced an "acquisition of equal talents and minds" with the addition of Marshall Hotels and Resorts, a leading hotel management and services company with special expertise operating three and four-star branded hotels and resorts. The combined company will be headquartered in Salisbury, MD, and will oversee all day-to-day operations of the entire national portfolio of properties. "This is a win-win for all parties involved," said Mike Marshall, who will serve as president and CEO of the combined com...
