US: Boutique hospitality firm The Kessler Assortment has partnered with funding and administration firm Highgate to launch a lodge administration platform.
As a part of the deal, Highgate will create a Kessler Hospitality division, with Kessler’s property-level workers and management-focussed company leaders transitioning to the brand new entity.
Highgate may even assume administration of a number of Kessler properties, together with:
The Casa Monica Resort & Spa
The JW Marriott Savannah Plant Riverside District
The Grand Bohemian Lodge Greenville
Mark Kessler, president of The Kessler Assortment, mentioned: “Our mission has at all times been to create impressed visitor experiences rooted in artistry, individuality, and function. Once we appeared for a companion to assist us take the Grand Bohemian model into its subsequent chapter, Highgate stood out. Their operational self-discipline, deep income experience, and talent to leverage know-how to enhance oversight and profitability made them the clear selection to enrich our artistic imaginative and prescient and develop our portfolio.”
Richard Russo, principal of Highgate, added: “This alliance brings collectively two business leaders with a shared imaginative and prescient for creativity, excellence, and progress. By combining Kessler’s creativity and design-forward sensibility with Highgate’s funding acumen and operational experience, we’re creating significant long-term worth for these distinctive property and setting a brand new normal for efficiency within the luxurious and way of life house.”
Highlights:
The Kessler Assortment has partnered with Highgate to create a lodge administration platform – the Kessler Hospitality division.
Highgate will handle a number of Kessler properties, together with Casa Monica Resort & Spa, JW Marriott Savannah Plant Riverside District, and Grand Bohemian Lodge Greenville.
The partnership integrates Kessler’s property-level and company administration groups into Highgate’s new construction.
