Peregrine Hospitality, based in Denver and launched in 2024 as a rebrand of KSL Resorts, has added 26 nationwide properties to its management portfolio over the past year, as of early March. Five of the recent asset transfers were conducted in February.
“When we created Peregrine Hospitality last year, our goal was to expand our business beyond resorts and create a broader hospitality platform that includes self-service hotels as an asset class,” says Pete Sams, chief operating officer at Peregrine Hospitality, in a prepared statement. “Our team’s deep expertise in managing top-tier resorts and boutique hotels builds on our unique owner/operator approach and philosophy that allows us to bring the same level of operational excellence to these properties and enhance guest experiences while maximizing performance.”
The five properties transferred in February to the Peregrine portfolio include the following:
- Hilton Garden Inn Temple Medical Center in Temple, Texas
- Dual-branded Residence Inn Boston Waltham and Fairfield Inn & Suites Boston Waltham in Massachusetts
- Inn of Naples, Tapestry Collection by Hilton, in Florida
- SpringHill Suites Truckee in California
The Hilton Garden Inn Temple Medical Center in Texas features 133 guest rooms and 6,727 square feet of event space, the dual-branded Massachusetts property includes two event spaces totaling 898 square feet, and the Inn of Naples in Florida provides 100 guest rooms and is near the Naples Conference Center, which has 4,350 square feet of event space. The SpringHill Suites Truckee has 114 guest rooms plus 675 square feet of function space, and is just under a half-hour drive from the shores of Lake Tahoe.
“There continues to be a high investor and consumer demand for well-located select-service hotels,” says Brandon Frederick, senior vice president of operations for select-service brands at Peregrine Hospitality. “We’re delighted for the opportunity to extend our management capabilities and expand the portfolio. Peregrine has built an outstanding and experienced team to continue to elevate the brand and capitalize on our strengths, resources, relationships, talent, expertise, and knowledge of hospitality management.”
Additional meeting-friendly properties in the Peregrine portfolio include the following, among others:
- Element Atlanta Buckhead, SpringHill Suites Atlanta Downtown, and Tru by Hilton Atlanta Galleria Ballpark in Georgia
- Hyatt House Portland/Beaverton in Beaverton, Oregon
- The Oread Lawrence, Tapestry Collection by Hilton, in Lawrence, Kansas
