waterton
Waterton Launches Outbound Hotels Brand
Outbound Hotels | September 12, 2023
CHICAGO (September 12, 2023) —Waterton, a Chicago-based national real estate investor and operator, announced the official launch of its new Outbound Hotels brand, a collection of locally-minded hotels offering differentiated lodging options for lifestyle travelers seeking outdoor-inspired experiences in boutique settings. From Yosemite National Park and Jackson Hole, WY to the vistas of Mammoth Lakes, CA and the bucolic Green Mountains of Vermont, every Outbound Hotels-branded property gives visitors a curated connection to the outdoors. “Outbound Hotels expands the traditional hospitality model,” said David Schwartz, CEO and chair...
Waterton and Argosy Real Estate Partners Partnership Acquire 17-Acre Site Including the 13-Key Hounds Tooth Inn Near Yosemite National Park in Oakhurs
Waterton | June 28, 2023
(June 28, 2023 – Oakhurst, CA) – Waterton, a Chicago-based national real estate investor and operator, has partnered with Argosy Real Estate Partners, a manager of institutional real estate funds , to acquire the Hounds Tooth Inn, a 13-key independent bed and breakfast. The hotel is situated on a fully-entitled, 17-acre Qualified Opportunity Zone site in Oakhurst, CA, just south of the main gate to Yosemite National Park. The site will be re-developed into Outbound Yosemite Resort, a 135-key outdoor-inspired, lifestyle select-service hotel consisting of 108 new vacation rental cabins, 14 hotel rooms located above an expansive 12,500 squa...
Waterton Acquires Town & Country Stowe in Vermont
Waterton | March 28, 2023
(March 28, 2023 – Stowe, VT) – Waterton, a Chicago-based national real estate investor and operator, announced today it has acquired Town & Country Stowe, a 54-key independent hotel located at 876 Mountain Rd. in Stowe, Vermont. The firm will transform the property with updates to guest rooms and outdoor common areas and will add a mixture of lofted barn suites and cabins to create a product that does not currently exist in the market. Springboard Hospitality, a hotel management firm with extensive experience in lifestyle hotel repositioning, has been tapped to operate Town & Country Stowe on behalf of Waterton. “The acquisi...
Waterton Hires Matt Mering as EVP, Hospitality
Waterton | April 11, 2019
CHICAGO, April 11, 2019 -- Waterton, a Chicago-based real estate investor and operator, is pleased to announce the hiring of Matt Mering as executive vice president, hospitality. Mr. Mering will be responsible for the formulation and execution of Waterton's hotel investment strategy, oversight of asset management and further developing investor relationships. Mr Mering joins Waterton with over 23 years of hospitality experience. He most recently served as director of development at Graves Hospitality, where he was responsible for identifying new hospitality development and acquisition opportunities and oversight of the company's...
Waterford Hotel Group Merges With Waterton Adding Eight Hotels to Management Portfolio
March 10, 2019
March 11-- Mar. 11--WATERFORD -- Waterford Hotel Group, the hotel-management company with corporate offices here, has merged with Waterton, a Chicago-based real estate investor and operator, adding eight hotels to a portfolio that now includes 41 properties in nine states. "This is the biggest we've been at any one time," Len Wolman, Waterford's chairman and chief executive officer, said Thursday in a phone interview. Waterford manages the Hyatt Place Mohegan Sun and the Microtel Inn & Suites, both on Norwich-New London Turnpike in Uncasville, as well as the Connecticut Convention Center in Hartford. An approved op...
Waterford Hotel Group and Waterton Forge Partnership
Waterford Hotel Group | March 7, 2019
WATERFORD, Conn., March 7, 2019 -- Waterford Hotel Group, a leading hospitality management company, and Waterton, a Chicago-based real estate investor and operator, today announced that they have joined forces to form a new venture to strengthen and grow their hospitality portfolios. With Waterford Hotel Group ("Waterford") driving operational success for hotel assets, Waterton will concentrate efforts on continued real estate investment strategies including growing the hotel portfolio. David Schwartz is CEO, chairman and co-founder of Chicago-based Waterton. Len Wolman is chairman and CEO of Waterford Hotel Group. "Thi...
Waterton Acquires 356-Room Loews Madison in Downtown Washington, D.C.
Waterton | October 5, 2017
WASHINGTON--Waterton, a U.S. real estate investor and operator, today along with an affiliate of private equity partner Walton Street Capital, L.L.C., announced the acquisition of the 356-room hotel formerly known as the Loews Madison in downtown Washington, D.C. Located at the intersection of M and 15th streets – just a half mile north of the White House – the property has been rebranded as The Madison, a Hilton Hotel. It will be managed by Hilton Hotels & Resorts. Built in 1963, the hotel originally opened as the Madison Hotel at a ceremony attended by President John F. Kennedy and has since hosted every U.S. president...
Loews Madison Hotel Joins Hilton Hotels & Resorts’ Portfolio as The Madison Washington DC, a Hilton Hotel
Hilton Hotels & Resorts | September 25, 2017
WASHINGTON – September 25, 2017– Hilton (NYSE: HLT) today announced that the Loews Madison Hotel will join Hilton Hotels & Resorts' portfolio as The Madison Washington DC, a Hilton Hotel. The 356-room hotel, located in the heart of downtown Washington, D.C., has long offered sophisticated accommodations to some of the capital's most esteemed visitors. In partnership with affiliates of Walton Street Capital and Waterton, The Madison Washington DC is poised to set a new standard for hospitality and elevate Hilton's presence in this globally sought-after destination. Hilton planted its hospitality roots in Washington, D.C. ...
