DENVER, Colorado—Peregrine Hospitality broadened its platform by including 26 select-service properties to its administration portfolio.
“Once we created Peregrine Hospitality final 12 months, our purpose was to increase our enterprise past resorts and create a broader hospitality platform that features select-service inns as an asset class,” stated Pete Sams, chief working officer, Peregrine Hospitality Group. “Our crew’s deep experience in managing top-tier resorts and boutique inns builds on our distinctive proprietor/operator method and philosophy that permits us to carry the identical degree of operational excellence to those properties and improve visitor experiences whereas maximizing efficiency.”
Over the previous 12 months, Peregrine has taken on the administration of nearly all of Mission Hill’s portfolio of premium select-service and extended-stay inns, with 5 transferred belongings in February:
- Hilton Backyard Inn, a 133-key lodge in Temple, Texas
- Residence Inn, Waltham and Fairfield Inn & Suites Waltham, a 192-key, single-building, dual-branded lodge in Waltham, Massachusetts
- Inn of Naples, Tapestry Assortment by Hilton, a lately renovated 100-key property in Naples, Florida
- SpringHill Suites Truckee, a 114-key Marriott Bonvoy property with a mixture of king and queen suites close to Lake Tahoe in California
“There continues to be excessive investor and client demand for well-located select-service inns,” stated Brandon Frederick, senior vp, operations, choose service, Peregrine Hospitality Group. “We’re delighted for the chance to increase our administration capabilities and increase the portfolio. Peregrine has constructed an impressive and skilled crew to proceed to raise the model and capitalize on our strengths, assets, relationships, expertise, experience and data of hospitality administration.”
Peregrine’s portfolio of select-service inns is situated throughout 17 states, significantly in markets pushed by year-round schooling, medical, company, and leisure demand. The places reveal Peregrine’s potential to work throughout mixed-demand markets and ship constant service.
The portfolio consists of 21 further select-service properties managed by Peregrine: Component Atlanta Buckhead; SpringHill Suites Atlanta Downtown; Tru by Hilton Atlanta Galleria Ballpark; Home2 Suites by Hilton Blacksburg; Residence Inn Breckenridge; Homewood Suites by Hilton Cathedral Metropolis; AC Lodge Clearwater Seashore; Courtyard Clearwater Seashore; AC Lodge Durham; Courtyard Edison Woodbridge; Home2Suites by Hilton Jacksonville Airport; Hampton Inn & Suites Myrtle Seashore/Oceanfront; SpringHill Suites Navarre Seashore; Hyatt Home Portland Beaverton; Home2 Suites by Hilton Savannah Airport; Aloft Savannah Downtown Historic District; Fairfield Inn & Suites Savannah Downtown Historic District; Vacation Inn Steamboat Springs; La Quinta Inn by Wyndham Steamboat Springs; and The Oread Lawrence, Tapestry Assortment by Hilton; Residence Inn Tuscaloosa.
