Hospitality management company TPG Hotels & Resorts has launched a new upscale independent, boutique and soft-branded division, the Intera Collection.
“TPG has been widely recognized and celebrated for its success managing branded properties at all levels on the chain scale; however, what is not as well known is the firm’s expansive footprint and management experience in the independent space,” said Ben Perelmuter, president/COO, TPG Hotels and Resorts. “We have an experienced in-house team of seasoned professionals and a well-established infrastructure dedicated to meeting the unique management demands of the independent space. The Intera Collection is our announcement to the industry that, in addition to our well-known track record of managing branded properties, TPG has the people, processes, resources and technology to third-party manage upscale boutique and independent properties successfully.”
Approximately 35% of TPG’s national operating portfolio consists of independent and boutique properties located in high-barrier-to-entry markets, including Nantucket and Cape Cod, MA; the Florida Keys; New Orleans; Block Island and Newport, RI; California’s wine country; and Savannah, GA.
“The Intera Collection further solidifies TPG’s position as a premier hospitality management firm offering ownership groups a full complement of professional management services whether their investment focus is on branded full-service assets or upscale independent properties in destination markets,” said Tim Muir, chief development officer, TPG Hotels & Resorts. “TPG’s history in the independent space dates back to 1964 when the firm acquired its first boutique property. Since then, the firm has owned, managed or financed hundreds of upscale boutique and independent properties in some of the highest-barrier-to-entry markets throughout the U.S. The name ‘Intera’ is rooted in the phrase ‘from within,’ which speaks to this specialized management acumen being an integral part of our core operational DNA for decades.”
Properties within the Intera Collection benefit from a fully integrated operations platform with a 24-hour staffed reservation call center and an organizational structure comprised of senior hospitality executives with specialized experience within the boutique, independent and destination segments, according to the company.
