Several hotels across the country have come under new management in the last week.
Florida
Hospitality management company Davidson Hospitality Group has been tapped by an affiliate of KSL Capital Partners to manage four beachfront hotels in Islamorada, Florida: Amara Cay Resort, La Siesta Resort & Marina, Pelican Cove Resort & Marina and Postcard Inn Beach Resort & Marina. The boutique hotels will be operated by Pivot, Davidson’s lifestyle operating vertical.
As part of the transition, the teams are planning extensive renovations and enhancements.
“We are excited to expand our footprint even further in the booming Sunshine State, bringing our statewide property count to 10, nine of which are iconic resort or waterfront boutique assets,” said Davidson Hospitality Group President Thom Geshay. “KSL has an exceptional heritage acquiring and elevating iconic, destination assets and, in conjunction with Davidson’s in-house design and construction team, will create a new level of quality in these irreplaceable properties, thereby tapping into the unique and eclectic elements that make The Keys one of the most desirable and highest demand markets in the nation.”
The four Florida resorts have a total of 379 rooms, more than 5,200 square feet of meeting and event space and nine food-and-beverage outlets.
Indiana
Davidson has also been selected by Buckingham Companies to manage The Alexander in Indianapolis, also under Pivot. The Leadership in Energy and Environmental Design Silver hotel has 157 guestrooms and 52 extended-stay suites; two food-and-beverage outlets, including the Jorge Pardo-designed Plat 99 Coffee + Cocktails; and 16,500 square feet of flexible meeting and event space. The hotel will undergo a renovation and refresh.
New York
In midtown Manhattan, the Hotel Mela Times Square is set to reopen under hotel management by Rebel Hospitality.
Rebel Hospitality is the hotel management division of Capstone Equities, a New York-based private equity firm with assets and transactions over the past decade valued at more than $1.5 billion. The division was recently formed to evolve and adapt the paradigm for management options for hotel assets owned by or partnered with Capstone Equities.
The addition of the 234-room Hotel Mela adds to Capstone’s 1,100 room inventory in New York City.
“As signs show continued consumer interest in resuming travel, we have an incredible opportunity to reinvent and reintroduce Hotel Mela to the New York market and beyond,” said Brian Sparacino, president and CEO of Rebel Hospitality. “By applying our hotel management platform that emphasizes technology, service and quality, we have a prime opportunity to elevate and expand the appeal of a high-quality New York hotel.”