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TPG Hotels & Resorts Launches the Intera Collection, the Firm’s Independent, Boutique, and Soft Branded Management Division Dedicated to Operating Unique, Non-branded Assets
January 25, 2024 (Dallas, Texas) – TPG Hotels & Resorts, one of the nation's premier hospitality management firms, announced today the launch of its new upscale independent, boutique, and soft branded division, the Intera Collection. The Intera Collection will emphasize TPG’s decades of experience as an owner, operator, and management partner in the independent space.
“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,” states Ben Perelmuter, president and chief operations officer, 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 extremely high barrier-to-entry markets, including Nantucket, Cape Cod, the Florida Keys, Block Island, New Orleans, Newport, RI, California’s wine country, Savannah, GA, and other destination markets.
“The announcement of 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,” states 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 barriers to entry markets throughout the United States. 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 and management acumen within the boutique, independent, and destination segments. Additionally, properties in the Intera Collection will benefit from the firm’s extensive experience delivering creative food and beverage experiences coupled with an amenities-rich approach that highlights each property's unique characteristics and identity.
About TPG Hotels & Resorts
TPG Hotels & Resorts is an operator of hospitality assets across all chain scales. The firm's historical resume is approaching 600 branded, independent, boutique hotels and marinas, comprising more than 65,000 guestrooms in 42 states. TPG Hotels & Resorts is a vertically integrated organization actively engaged in hotel management, marina operations, development, acquisitions, and asset repositionings across the country.