Davidson Resorts Selected to Operate Newport Harbor Island Resort
Pebblebrook Hotel Trust has partnered with Davidson Hospitality Group to manage the Newport Harbor Island Resort, formerly Gurney's Newport Resort & Marina. This ten-acre property features 257 guestrooms and extensive event space. Davidson will lead a comprehensive renovation and rebranding aimed at enhancing guest experiences. Pebblebrook emphasizes the importance of selecting an operator with expertise in repositioning resorts to increase cash flow and create value.
- Strategic partnership with Davidson Hospitality for effective management.
- Comprehensive renovation and rebranding aimed at enhancing guest experience.
- Potential for increased cash flow and higher value creation.
- None.
Davidson with Pebblebrook will oversee comprehensive repositioning and rebranding of iconic New England Resort on Goat Island
ATLANTA, Oct. 5, 2022 /PRNewswire/ -- Davidson Hospitality Group has been tapped by Pebblebrook Hotel Trust to manage Newport Harbor Island Resort in Newport, Rhode Island, under its highly specialized operating vertical, Davidson Resorts. Formerly identified as Gurney's Newport Resort & Marina, the ten-acre property is located on Goat Island in historic Newport. The resort features 257 guestrooms, including 18 spacious suites, and 80,000 square feet of flexible indoor and outdoor event space, surrounded by expansive lawns, sweeping water views, a state-of-the-art marina, and a historic lighthouse. Together with Pebblebrook, Davidson will oversee the planned renovation, encompassing a complete repositioning, reimagining, and rebranding of the property that will transform and elevate the guest experience.
"We are proud to join forces with our long-time partners at Pebblebrook Hotel Trust on such a unique property," said Davidson Hospitality Group Chief Executive Officer & President Thom Geshay. "Our Davidson Resorts team is comprised of some of the world's most respected resort veterans that truly understand the nuances of the resort market. We look forward to bringing our expertise to deliver one-of-a-kind experiences for guests on 'The Classic Coast,' an inspiring work environment for our team members, and significant value for our ownership partners."
"As part of our acquisition of this exceptional resort located in the iconic coastal New England community of Newport, we set out to identify the right operator with extensive experience in repositioning and operating complex, high-touch, destination resorts," said Jon E. Bortz, Chairman, President, and Chief Executive Officer of Pebblebrook Hotel Trust. "We entrusted Davidson because of their Newport market knowledge and ability to drive performance and create value. Our partnership goals focus on driving increased cash flow and curating the most sought-after retreat in the region."
A seaside oasis, Newport Harbor Island Resort offers a wide variety of waterfront eateries featuring ingredient-driven menus with healthy bites, locally sourced dishes, and seasonal classics. Additional amenities include a 22-slip marina, Seawater Spa; a seasonal kids club; complimentary bikes; Newport's only outdoor resort pool, a year-round heated indoor pool, and a well-equipped fitness center.
Davidson currently operates Hotel Viking in Newport and iconic resort properties across the country, including Grand Hotel on Mackinac Island, Michigan; The Don CeSar in St. Pete Beach, Florida; Paradise Point Resort & Spa in San Diego, California and more.
About Davidson Hospitality Group
Davidson Hospitality Group is an award-winning, full-service hospitality management company comprised of 80 existing hotels and resorts; more than 195 restaurants, bars and lounges; and more than 1.5 million square feet of meeting space across the United States. A trusted partner and preferred operator for Marriott, Hilton, Hyatt, Kimpton, and Margaritaville, Davidson offers a unique entrepreneurial management style and owners' mentality that provides the individualized personal service of a small company, enhanced by the breadth and depth of skill and experience of a larger company. In keeping with the company's heritage of delivering value, Davidson Hospitality Group is comprised of four highly specialized operating verticals: Davidson Hotels, Pivot, Davidson Resorts and Davidson Restaurant Group. In 2022, Davidson Hospitality Group was ranked #1 in Guest Satisfaction among Third-Party Hotel Management Companies by J.D. Power. For more information, visit www.davidsonhospitality.com. Follow us on Instagram: @davidsonhospitality and Twitter: @DavidsonHospGrp. Like us on Facebook: @DavidsonHospitalityGroup. Connect with us on LinkedIn: @DavidsonHospitalityGroup. #DavidsonHospitality
About Pebblebrook Hotel Trust
Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust ("REIT") and the largest owner of urban and resort lifestyle hotels in the United States. The Company owns 51 hotels, totaling approximately 12,800 guest rooms across 15 urban and resort markets. For more information, visit www.pebblebrookhotels.com and follow us at @PebblebrookPEB.
Media contact:
Carrie Drost
Senior Director, Communications
cdrost@davidsonhospitality.com
470-799-6053
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SOURCE Davidson Hospitality Group
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