DALLAS, Texas—TPG Inns & Resorts introduced the launch of its new upscale unbiased, boutique, and soft-branded division, the Intera Assortment.
“TPG has been widely known and celebrated for its success managing branded properties in any respect ranges on the chain scale. Nonetheless, what is just not as well-known is the agency’s expansive footprint and administration expertise within the unbiased house,” states Ben Perelmuter, president and chief operations officer, TPG Inns and Resorts. “We now have an skilled in-house group of seasoned professionals and a well-established infrastructure devoted to assembly the distinctive administration calls for of the unbiased house. The Intera Assortment is our announcement to the trade that, along with our well-known monitor report of managing branded properties, TPG has the individuals, processes, sources, and expertise to third-party handle upscale boutique and unbiased properties efficiently.”
Roughly 35 % of TPG’s nationwide working portfolio consists of unbiased and boutique properties situated in high-barrier-to-entry markets, together with Nantucket; Cape Cod; the Florida Keys; Block Island; New Orleans; Newport, Rhode Island; California’s wine nation; Savannah, Georgia; and different vacation spot markets.
“The announcement of the Intera Assortment additional solidifies TPG’s place as a premier hospitality administration agency providing possession teams a full complement {of professional} administration companies whether or not their funding focus is on branded full-service belongings or upscale unbiased properties in vacation spot markets,” states Tim Muir, chief improvement officer, TPG Inns & Resorts. “TPG’s historical past within the unbiased house dates again to 1964 when the agency acquired its first boutique property. Since then, the agency has owned, managed, or financed a whole bunch of upscale boutique and unbiased properties in a few of the highest obstacles to entry markets all through america. The identify ‘Intera’ is rooted within the phrase ‘from inside,’ which speaks to this specialised administration acumen being an integral a part of our core operational DNA for many years.”
Properties throughout the Intera Assortment profit from an built-in operations platform with a 24-hour staffed reservation name heart and an organizational construction comprised of senior hospitality executives with expertise and administration acumen throughout the boutique, unbiased, and vacation spot segments. Moreover, properties within the Intera Assortment will profit from the agency’s expertise delivering meals and beverage experiences coupled with an method that highlights every property.
