Verge Management LLC Selects TPG Hotels & Resorts to Manage Portfolio of Marriott Select Service Hotels
TPG Hotels & Resorts, one of the nation's premier hospitality management firms, announced today that it has been selected by Verge Management LLC to manage a portfolio of five Marriott-branded select service hotels located in Oklahoma, Louisiana, and Arkansas. The agreement marks a significant expansion for TPG in the South-Central United States and adds to its growing roster of select-service properties.
We're excited to welcome Verge Management as a new ownership partner and to bring this collection of high-performing Marriott hotels into our operating portfolio. This collaboration reflects our shared commitment to operational excellence and long-term asset performance. Tim Muir, Chief Development Officer at TPG Hotels & Resorts
TPG Hotels & Resorts will oversee all aspects of hotel operations, providing hands-on leadership and leveraging its national platform to enhance performance, efficiency, and guest satisfaction.
Partnering with TPG Hotels & Resorts ensures our properties are managed by a team with deep expertise and a strong reputation in the industry. We're confident this strategic relationship will strengthen our hospitality investments and create long-term value. Malik Kheraj, President, Verge Management LLC
About TPG Hotels & Resorts
TPG Hotels & Resorts is a premier operator of hospitality assets across all chain scales including luxury, full service and select service, as well as the firm's upscale boutique and independent operations division - the INTERA Collection. The firm's historical resume spans over four decades and includes over 600 branded and independent hotels and marinas comprising more than 65,000 guestrooms in 42 states. TPG Hotels & Resorts is a vertically integrated organization actively engaged in hotel and marina operations, development, acquisitions, and asset repositionings across the country. For more information, please visit www.tpghotelsandresorts.com.
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