press
TPG Hotels & Resorts, one of the nation's premier hospitality management firms, announced today that it has been selected to manage more than a dozen new construction hotels across multiple markets, representing a mix of select-service, extended-stay, lifestyle, and full-service assets.
The pipeline includes Marriott and Hilton-branded projects across the southern United States, in both primary and secondary markets. The properties, which are currently under construction, have phased openings scheduled through the end of 2028.
TPG's involvement begins during the development phase, with operational oversight provided throughout construction, pre-opening planning, staffing, budgeting, and commercial strategy. This early-stage engagement allows ownership groups to align construction progress with brand requirements, market positioning, and ramp-up commercial strategy prior to opening.
"Bringing operational leadership into the development process early is critical to long-term success," said Patrick Short, President, TPG Hotels & Resorts. "By integrating operations, sales, and revenue strategy during development, we help owners maintain underwriting discipline and position assets for a stronger opening and shorten the path to stabilization while maximizing returns for owners."
The active pipeline underscores continued owner investment in new supply across targeted markets and highlights TPG's role in supporting owners from development through stabilization with a strong focus on performance and return on investment.