Peregrine Hospitality, a Denver-based full-service hospitality company that manages a portfolio that includes high-profile leisure and resort destinations, has broadened its platform with the addition of 26 select-service properties to its management portfolio.
“When we created Peregrine Hospitality last year, our goal was to expand our business beyond resorts and create a broader hospitality platform that includes select-service hotels as an asset class,” said Pete Sams, chief operating officer, of Peregrine Hospitality Group. “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.”
Over the past year, Peregrine has taken on the management of the majority of Mission Hill’s portfolio of premium select-service and extended-stay hotels, with five transferred assets in February: Hilton Garden Inn, a 133-key hotel in Temple, Texas; Residence Inn, Waltham and Fairfield Inn & Suites Waltham, a 192-key, single-building, dual-branded hotel in Waltham, Massachusetts; Inn of Naples, Tapestry Collection by Hilton, a recently renovated 100-key property in Naples, Florida; SpringHill Suites Truckee, a 114-key Marriott Bonvoy property with a mix of king and queen suites near Lake Tahoe in California.
“There continues to be high investor and consumer demand for well-located select-service hotels,” said Brandon Frederick, senior vice president of operations, select service for Peregrine Hospitality Group. “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.”
Peregrine’s portfolio of high-quality select-service hotels are located across 17 states, particularly in markets driven by year-round education, medical, corporate and leisure demand. The diverse locations demonstrate Peregrine’s ability to work across mixed-demand markets and deliver consistent and exceptional service.
The portfolio includes 21 additional select-service properties managed by Peregrine, including two properties in Colorado: Holiday Inn Steamboat Springs; La Quinta Inn by Wyndham Steamboat Springs; Element Atlanta Buckhead; SpringHill Suites Atlanta Downtown; Tru by Hilton Atlanta Galleria Ballpark; Home2 Suites by Hilton Blacksburg; Residence Inn Breckenridge; Homewood Suites by Hilton Cathedral City; AC Hotel Clearwater Beach; Courtyard Clearwater Beach; AC Hotel Durham; Courtyard Edison Woodbridge; Home2Suites by Hilton Jacksonville Airport; Hampton Inn & Suites Myrtle Beach/Oceanfront; SpringHill Suites Navarre Beach; Hyatt House Portland Beaverton; Home2 Suites by Hilton Savannah Airport; Aloft Savannah Downtown Historic District; Fairfield Inn & Suites Savannah Downtown Historic District; The Oread Lawrence, Tapestry Collection by Hilton; Residence Inn Tuscaloosa.
Peregrine Hospitality was launched in 2024 as a rebrand of KSL Resorts. From asset management to advisory support, Peregrine offers a complete range of services including hotel/resort management, development/project management and global sales support. Today, it has 92 properties under direct management, asset management, or participating in the organization’s global sales program in markets across the U.S., Fiji, the Maldives, Mauritius and Thailand.