Management Companies Secure Deals

NATIONAL REPORT—Hospitality management companies are securing new deals. Here’s a look at what’s new:

Cachet Boutique Hotel NYC joins Intrigue Hotels by Interstate Portfolio

Cachet Boutique Hotel NYC has joined the Intrigue Hotels by Interstate portfolio of properties with a new hotel management agreement. Intrigue is the dedicated lifestyle division of Interstate Hotels & Resorts.

Cachet Boutique Hotel NYC opened its doors in July 2017, bringing the international brand to the United States with a design-centric aesthetic and East meets West hospitality. The hotel has 105 rooms and villas, the Playboy Club NYC, Treadwell restaurant and three outdoor gardens. Additional amenities include on-demand spa services, personalized meditation sessions and in-room alternative wellness treatments.

The hotel was developed in partnership with Merchants Hospitality Group and designed by Cachet Hotels & Resort’s design team, in collaboration with New York City fashion designer Jay Godfrey.

CoralTree Hospitality to Manage Vivo Resorts in Puerto Escondio Mexico

CoralTree Hospitality Group has been selected to manage Vivo Resorts in Puerto Escondio Mexico. The beachfront luxury lifestyle resort currently offers 130 condominium suites and 12 private residential villas with additional units in development as part of the resort’s master plan. Vivo is the fifth new property CoralTree has added in 2019 and its first in Mexico.

Vivo offers several luxury amenities on-property for owners and guests. There are two infinity swimming pools and a family pool featuring a water slide and waterfall. The resort includes an ocean view fitness center, tennis and pickle ball courts, the Vivo Kid’s Club, a business center, learning library and general store. The resort also features the Senses Spa by Elaina, providing spa treatments, a meditation zone, juice bar and traditional Oaxacan sweat lodge. There are three food and beverage offerings including the award-winning Ernesto’s Farm-to-Table Restaurant, Mezcalina’s Sports Lounge and the swim-up pool bar.

The New Nordic Group Announces a Further Strategic Development

The New Nordic Group has tapped Far East Hospitality to manage 542-rooms on Pratumnak Hill, Thailand. These nine buildings represent a cluster of properties within the New Nordic campus on Pratumnak Hill.

The opportunity with Far East Hospitality is for them to develop the existing assets to a higher level. This asset reorganization is the second on Pratumnak hill, and the New Nordic Group will continue the development over a period of time.

Kurt Svendheim, chairman of the New Nordic Group, said, “This was a tremendous step forward in the continuing growth and development of the company.”

 

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