TPG Motels & Resorts, one of many nation’s premier hospitality administration companies, introduced right this moment that it has been chosen by Verge Administration LLC to handle a portfolio of 5 Marriott-branded choose service resorts positioned in Oklahoma, Louisiana, and Arkansas. The settlement marks a big growth for TPG within the South-Central United States and provides to its rising roster of select-service properties.
We’re excited to welcome Verge Administration as a brand new possession companion and to convey this assortment of high-performing Marriott resorts into our working portfolio. This collaboration displays our shared dedication to operational excellence and long-term asset efficiency. Tim Muir, Chief Growth Officer at TPG Motels & Resorts
TPG Motels & Resorts will oversee all elements of resort operations, offering hands-on management and leveraging its nationwide platform to boost efficiency, effectivity, and visitor satisfaction.
Partnering with TPG Motels & Resorts ensures our properties are managed by a crew with deep experience and a powerful fame within the trade. We’re assured this strategic relationship will strengthen our hospitality investments and create long-term worth. Malik Kheraj, President, Verge Administration LLC
About TPG Motels & Resorts
TPG Motels & Resorts is a premier operator of hospitality property throughout all chain scales together with luxurious, full service and choose service, in addition to the agency’s upscale boutique and unbiased operations division – the INTERA Assortment. The agency’s historic resume spans over 4 many years and consists of over 600 branded and unbiased resorts and marinas comprising greater than 65,000 guestrooms in 42 states. TPG Motels & Resorts is a vertically built-in group actively engaged in resort and marina operations, growth, acquisitions, and asset repositionings throughout the nation. For extra info, please go to www.tpghotelsandresorts.com.