Lifestyle hotel brand Life House brand revealed plans to open its first hotel in the Northeast this summer, Life House, Nantucket (Mass.). Boston-based investor and developer Blue Flag Partners acquired the historic Century House in January and has hired Life House to redesign and operate the hotel.
Life House, Nantucket will occupy a former mansion that dates back to the 1830s. When it opens this summer, it will include a 300-square-foot living room and kitchen with a communal minibar for grab-and-go options, as well as a 675-square-foot garden lounge.
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“As seasoned developers in Nantucket, we’re excited for the opportunity to be stewards of beautiful historic assets such as the former Century House on Cliff Road,” Jason Brown, a partner at Blue Flag Partners, said in a statement. “This is our second acquisition in partnership with Life House and we look forward to continued growth together throughout Nantucket and other similar high barrier to entry markets.”
“Our Nantucket partnership represents yet another example of Life House’s unique ability to add value for owners of independent hotels,” Bryan Dunn, head of growth at Life House, told Hotel Management. “We continue to seek opportunities to expand across North America through supporting owners with elevating their existing product while maximizing return on investment through lean, tech-enabled operations.”
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Founded in 2017, Life House is a venture-backed, vertically integrated hotel brand, management and software company. It recently closed on a $30 million Series B fundraising round led by Thayer Ventures with participation from Tiger Global, JLL Spark and Ashton Kutcher and Guy Oseary’s Sound Ventures.