tqp capital partners
Choice Hotels Signs With Hospitality Funding and TQP Capital Partners to Redevelop Historic YMCA in Downtown Burlington as Cambria Hotel
Cambria Hotels | May 22, 2019
ROCKVILLE, Md., May 22, 2019 -- Cambria Hotels will be expanding to Vermont, following Choice Hotels International, Inc.'s (NYSE: CHH) agreement with Hospitality Funding Inc. and TQP Capital Partners to develop a 142-room hotel, slated to open in 2021. Located at 266 College St., the new Cambria hotel in Burlington will preserve the historic façade of the existing structure, which was built in 1934 and formerly housed the Greater Burlington YMCA. Located on one of Burlington's busiest thoroughfares, the hotel is a few blocks from the University of Vermont (UVM) and the UVM Medical Center—the state's largest univ...
Thomas Prins Joins Hostmark Hospitality as Minority Partner
Hostmark Hospitality Group | March 18, 2019
SCHAUMBURG, Ill., March 18, 2019—Thomas Prins, principal of TQP Capital Partners, a hotel real estate private equity firm focused on value-add and opportunistic investments, today announced that he has joined Schaumburg, Ill.-based Hostmark Hospitality Group, a leading third-party hotel management company, as a minority partner. In his new role, Prins will be responsible for new business development on behalf of Hostmark and TQP Capital Partners. The affiliation of the two businesses will begin immediately. The financial terms of the transaction were not disclosed. "We were looking to align TQP Capital Partners with a proven opera...
INTRIGUE Hotels & Resorts by Interstate Forms Strategic Alliance with TQP Investments in Support of Growing Lifestyle Management Division
INTRIGUE | January 19, 2018
ARLINGTON, Va. – January 19, 2018 – INTRIGUE™ Hotels & Resorts – Interstate's platform for the management of independent and soft branded boutique and lifestyle hotels and resorts – announces that it has formed a strategic alliance with TQP Investments, founded by Thomas Prins, a principal of TQP Capital Partners, LLC. The union will accelerate the growth of this dedicated division. "Our alliance with TQP and Tom taps into a multitude of benefits, enhancing the depth of resources available to Interstate Hotels & Resorts," said Leslie Ng, Interstate's Chief Investment Officer. "Tom brings his superb ...
