News for the Hospitality Executive
Hotels Group Acquires Two Boutique Properties from The Carlyle Group
US Hotels is a privately-owned group of hotels and restaurants designed to address a range of market niches—from family‐orientated beachfront inns to luxurious hotels and spas that have qualified for membership of the world‐renowned Relais & Châteaux collection. The company is also the owner of the Vanderbilt Grace in Newport, Rhode Island, which is managed by US Hotels’ sister company, Grace Hotels.
The new hotels each have excellent local reputations and are highly complementary to US Hotels’ existing portfolio. The Orchards, an AAA Four-Diamond hotel, is a classic rural property perfectly situated in the Berkshire Mountains. The 49-room hotel features 3,100 square feet of event and meeting halls, an award-winning steakhouse and numerous amenities. The Centennial Hotel, with its contemporary design is located in the heart of Concord and offers guests modern accommodation within a Victorian Landmark property. The Centennial likewise features conference and private event space, as well as a highly-lauded dining experience at Granite Restaurant and Bar.
Paul Hanley, CEO of the Group, sees the acquisition as part of the company’s overall strategy to grow and expand not only in New England but throughout North America. Hanley stated: “We are thrilled to be adding these distinctive properties to our portfolio. As a New England-based hospitality company we know and understand the market and see these acquisitions as a natural fit. We are the largest independent owner and operator of luxury inns in New England and shall continue to develop US Hotels through both acquisition and management contracts across the United States.”
About US Hotels:
US Hotels (www.ushotelsgroup.com) is a family-owned hospitality company which, following the agreement with Carlyle, now comprises over 20 New England hotels, restaurants and spas, including the renowned White Barn Inn and Spa in Kennebunk, Maine.
US Hotels’ Signature Properties represent a broad cross section of properties from small beachfront inns ideal for families to fully integrated hotels with spas, fitness centers and restaurants. The company’s Elite Properties, currently represented by The White Barn Inn and the Windham Hill Inn, are exclusive hotels providing world class accommodation, cuisine and service. The guest experience is designed to be sophisticated, transporting, and ultimately, unforgettable. US Hotels is also the owner of the Vanderbilt Grace in Newport, RI, which is managed by its sister company, the international luxury boutique hotels group, Grace Hotels (www.gracehotels.com). US Hotels is a member of the Libra Group (www.libra.com). Privately owned by the Logothetis family, Libra has hospitality interests in Europe, Asia and the Americas.
Hotels Appoints Paul Hanley Chief Executive Officer; Will Oversee its
Portfolio of Seven Hotels and New Development Beyond / August 2009