This roundup features the latest signings of management contracts in the U.S. hotel industry.
Hotel Columbia
Rooms: 21
Location: Telluride, Colorado
Management Company: CoralTree Hospitality
Ownership: Columbia Telluride Co.
Date of Contract: June 14, 2023
Takeaway: The property will be the fourth hotel CoralTree Hospitality manages in Colorado, along with Magnolia Hotel Denver, The Eddy Taproom & Hotel in Golden and The Hotel at the United States Air Force Academy in Colorado Springs.
Wyndham Moline on John Deere Commons
Rooms: 163
Location: Moline, Illinois
Management Company: Hotel Equities
Ownership: Moline Hotel, LLC
Date of Contract: June 12, 2023
Takeaway: The 163-room hotel is directly located on the Mississippi River and adds to Hotel Equities' growing portfolio of properties in the Midwest.
Element Moline
Rooms: 96
Location: Moline, Illinois
Management Company: Hotel Equities
Ownership: Moline Promenade Investors, LLC
Date of Contract: June 7, 2023
Takeaway: The hotel’s location provides easy access to a variety of nearby attractions and entertainment venues such as the John Deere Pavilion and Quad City Botanical Center.
Collection of Six Properties
Rooms: 965
Locations: Santa Cruz, California; Santa Rosa, California; Tampa, Florida; Newport, Rhode Island; Richmond, Rhode Island
Management Company: Pyramid Global Hospitality
Ownership: BHOV Santa Cruz LLC; Dovetail + Co.; Preserve Boulder Hills LLC; Pyramid Global Hospitality; Yang Capital
Date of Contract: June 2, 2023
Takeaway: Pyramid Global Hospitality added six U.S. hotels and resorts to its portfolio, with five of the properties — Flamingo Resort & Spa; The Sandman Hotel; Wayfinder Newport Hotel; Hotel Paradox, Autograph Collection; and The Preserve Sporting Club & Residences — joining the Benchmark Pyramid Luxury & Lifestyle division and one — The Westin Tampa Bay — joining the Pyramid Global Hospitality division.
To be included in an upcoming Hotel News Now U.S. Hotel Management List, email Associate Editor Trevor Simpson here.