Latest news with #HotelEquities
Hospitality Net
3 days ago
- Business
- Hospitality Net
Hilton Plans to Expand Caribbean Footprint with the Signing of Elephant Tree Resort and Villas Tobago, Tapestry Collection by Hilton
Today, global hospitality leader Hilton (NYSE: HLT) announced the signing of Elephant Tree Resort and Villas Tobago, Tapestry Collection by Hilton. Expected to open in 2028, this exciting development marks the arrival of the Tapestry Collection by Hilton brand in Tobago. As part of Tapestry Collection by Hilton, the resort will join a distinguished global lineup of nearly 160 independent Tapestry Collection hotels, each celebrated for its unique, vibrant personality and incorporation of local elements and experiences. Operated by Hotel Equities, Elephant Tree Resort and Villas Tobago is located in Roxborough, a charming town on the southern shore of the island of Tobago, with more than 1,000 feet of oceanfront. The resort will exude the charm of a boutique experience, offering villas that provide tranquil and private accommodations, nestled within over 21 acres of lush, natural beauty. Guests can choose from 40 tastefully appointed guest rooms and 126 fully furnished residences, including 88 spacious three-bedroom units and 38 stylish two-bedroom units. The branded residences will offer buyers the opportunity to join an optional rental program that will allow them to add their units to the hotel's inventory. Each residence will offer up to 1,560 square feet of living space, featuring elevated decor and high-end materials such as quartz countertops, and private terraces that invite guests to relax and soak in the stunning surroundings. Guests and residents will enjoy a comprehensive array of amenities designed to enhance their stay and lifestyle. The resort will boast a modern spa, offering a range of rejuvenating treatments, and a state-of-the-art fitness center equipped with the latest exercise technology. Three swimming pools, including a multi-level, three-story waterfall and a splash pool for kids, will provide the ultimate setting for fun and relaxation. Additionally, the resort will feature 400 square feet of meeting space, perfect for hosting weddings, intimate functions and gatherings. Culinary options at Elephant Tree Resort and Villas Tobago will cater to a variety of tastes and preferences. Guests will enjoy the vibrant atmosphere of the beach club, featuring a lively bar and grill nestled along the picturesque shoreline where they can savor delicious grilled specialties and refreshing cocktails while taking in stunning ocean views. The resort's lobby bar will offer a setting for guests to unwind with expertly crafted beverages and light bites, perfect for socializing or relaxing after a day of exploration. The signature all-day dining restaurant will delight diners in both indoor and outdoor spaces offering a serene ambiance and beautiful surroundings. With the newly opened terminal at ANR Robinson International Airport, Tobago is the ideal destination for those seeking untouched natural beauty and cultural experiences. Elephant Tree Resort and Villas Tobago's prime location will offer guests easy access to nearby attractions such as Argyle Falls, the island's largest and most popular waterfall, reaching a height of approximately 175 feet. Additionally, guests can explore Speyside, a picturesque village on the northeastern coast of Tobago. Known as the dive mecca of the Caribbean, Speyside boasts some of the best coral reefs on the island, making it a popular destination for diving enthusiasts. Elephant Tree Resort and Villas Tobago is set to join Hilton Trinidad and Conference Centre in Trinidad, strengthening Hilton's presence across both islands of Trinidad and Tobago. With three additional projects under development, including Hilton Garden Inn Trinidad Airport, Hampton by Hilton Trinidad Airport and Hilton Garden Inn San Fernando South Park, Hilton will continue to expand its footprint in the country and broaden its rapidly growing portfolio in the Caribbean, which currently includes nearly 40 additional properties in development. In 2024, Hilton expanded at record-levels in the Caribbean and Latin America. Hilton continues to drive growth in the region in 2025 with a portfolio of more than 285 hotels and resorts open, and a robust pipeline of more than 140 additional hotels in different stages of development. Tapestry Collection by Hilton features a lineup of nearly 160 independent hotels globally, and a pipeline with 123 additional projects. The brand continues its rapid expansion, with a record of more than 30 hotels set to debut worldwide in 2025 - the most in a single year for the brand. Guests at Elephant Tree Resort and Villas Tobago will have access to the benefits of Hilton Honors, the award-winning guest loyalty program for Hilton's distinct hotel brands. For more information on development news, please visit Hotel website
Travel Daily News
3 days ago
- Business
- Travel Daily News
Juan Corvinos named President of Hotel Equities Cala Region
Hotel Equities appoints Juan Corvinos as President of CALA division, strengthening regional leadership and expanding third-party hospitality management services. MIAMI & MEXICO CITY – Hotel Equities (HE), a best-in-class hospitality operator, announces the appointment of hospitality industry veteran Juan Corvinos as President of the Caribbean & Latin America (CALA) division, as the company commits to providing owner-first service backed by regional expertise and local talent to its portfolio in the region. Corvinos will lead teams of top hospitality experts based in Mexico, the Dominican Republic, and Miami, all of whom have strong local relationships and deep operational experience. Corvinos joins Hotel Equities following more than 15 years with Hilton, where he most recently served as Senior Vice President of Development, Architecture, Design & Construction for Latin America and the Caribbean. He was instrumental in tripling Hilton's footprint in the region and launching major brand platforms such as All-Inclusive by Hilton, Waldorf Astoria, Conrad, LXR, Curio, Canopy and Tapestry. HE enters the market with a clear mission: to fill the long-standing gap in third-party hospitality management for owners in the Caribbean and Latin American regions. With new, deep investment in local leadership, purpose-built infrastructure, and a performance-driven, owner-aligned approach, HE CALA launches with two dedicated verticals: an All-Inclusive Resorts and Urban and Lifestyle Hotels 'This is a transformational moment for Hotel Equities,' said Ben Rafter, CEO of Hotel Equities. 'With HE CALA, we're investing in a team designed specifically for the future of hospitality in this region. Juan's leadership and firsthand experience in the region, combined with HE's commitment to local talent and operations, makes us uniquely positioned to serve hotel owners.' HE CALA is structured to operate within the Hotel Equities organization, while fully leveraging the firm's commercial engine, technology, and 30-year operating track record. Unlike traditional firms operating from U.S.-based hubs, HE CALA puts leadership on the ground, delivering high-touch, in-market support for owners, asset managers, and brand partners alike. As the only dedicated U.S. third-party operator in the region, HE CALA aims to redefine hospitality management across the Caribbean and Latin America, combining global best practices with regional knowledge to deliver smarter growth, stronger performance, and more aligned partnerships. 'We're building a management infrastructure specifically for the region, as an owner-centric company with the talent, tools, and infrastructure to deliver long-term value,' said Juan Corvinos, president of HE CALA. 'With local contracts, local experts, and local solutions, HE CALA is the only dedicated, U.S.-born CALA third-party operator serving the region with a fully embedded model. A key priority is developing our presence in the all-inclusive space by aligning with partners and properties that share our vision.' The news of Corvinos' new role follows the recent appointment of Marilia Pergola as Vice President of Operations for HE CALA. Pergola brings her in-market expertise and now leads operational strategy and execution across HE's expanding CALA portfolio, with deep expertise in revenue management, brand compliance, financial performance, and pre-opening excellence. HE's CALA portfolio is currently comprised of nine properties and nearly 1,000 hotel rooms under development in the region, including locations in Curacao, Dominica, Grenada, Mexico, St. Thomas, and Trinidad & Tobago. As HE's CALA footprint continues to grow, the company is actively investing in infrastructure and corporate resources to ensure best-in-class support for its properties.
Travel Daily News
19-05-2025
- Business
- Travel Daily News
Hotel Equities opens Hampton Inn & Suites by Hilton Irving Hwy 183
Hotel Equities opens Hampton Inn & Suites Irving Hwy 183, a flagship Hilton property offering upscale design and amenities near Dallas-Fort Worth attractions. IRVING, TEXAS – Hotel Equities, a best-in-class hospitality operator and developer, announced the opening of the Hampton Inn & Suites by Hilton Irving Hwy 183, a flagship Hilton-branded hotel designed to elevate the guest experience in the heart of the Dallas-Fort Worth metroplex. The hotel is owned by RMS Hospitality LLC and managed by Hotel Equities. The Hampton Inn & Suites Irving Hwy 183 is distinguished by its modern architectural design and upscale finishes that go beyond standard brand expectations. Each guest suite has been thoughtfully designed for maximum comfort and functionality, complemented by a full suite of state-of-the-art amenities. 'We are thrilled to introduce a hotel that redefines quality in this market,' said RMS Hospitality LLC Managing Director, Rafiq Islam. 'We were committed to building something truly special, an unmatched experience for our guests and a meaningful investment in the Irving community and our vision is to deliver the best Hampton Inn experience available anywhere.' Located at 701 West Airport Freeway, just off Highway 183, the 110-room hotel offers convenient access to Dallas Fort Worth International Airport, downtown Dallas and local attractions such as the Toyota Music Factory and is near the internationally recognized, master-planned community, Las Colinas. Business and leisure guests alike will appreciate the hotel's convenient proximity to entertainment, restaurants and major corporate headquarters. Hotel Equities, renowned for its operational excellence and delivering value for owners, currently manages 12 hotels in Texas. 'This opening is especially exciting for our team,' said Clint DeLee, Vice President of Operations for Hotel Equities. 'Not only are we welcoming guests to a remarkable property, but we're also celebrating a partnership with an ownership group that shares our values of quality, service and community engagement. It's been a privilege to support ownership's vision of excellence.' Hotel Equities (HE) is a best-in-class hospitality operator and developer with a portfolio of approximately 250+ open and operating hotels, resorts, and outdoor hospitality destinations throughout the United States, Canada, the Caribbean, and Latin America. With a diverse portfolio of premium-branded and independent properties, Hotel Equities delivers proven results and drives long-term value for its stakeholders through a comprehensive suite of services, a people-first and performance-driven culture, and a commitment to excellence rooted in servant leadership.
Yahoo
08-05-2025
- Business
- Yahoo
Hotel Equities, Springboard Hospitality merge
This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter. Hotel Equities and Springboard Hospitality entered a strategic merger effective May 1, the hospitality management firms announced Tuesday. The firms did not disclose terms of the deal. Springboard CEO Ben Rafter will take over as CEO of the combined company. Brad Rahinsky, former president and CEO of Hotel Equities, will serve as chairman. For now, both parts of the combined company continue to operate under their own names, a spokesperson told Hotel Dive. The move combines Atlanta-based Hotel Equities' branded, select- and full-service hotel portfolio with Springboard's roster of independent, lifestyle and resort properties. The resulting portfolio spans 300-plus urban, resort and outdoor destinations across the the U.S., Canada, the Caribbean and Latin America. The merger combines Hotel Equities' 'operational excellence, scaled purchasing power and expansive North American footprint' with Springboard's 'entrepreneurial roots and strengths in commercial strategy, technology leadership, and deep expertise in West Coast and Hawaii markets,' per the announcement. Al Smith, previously Hotel Equities' president of hotel operations, will be chief operating officer of the new company. Rob Robinson, formerly executive vice president of Springboard, will be Springboard's president. In a statement, Rahinsky said the combined company "establishes scale with expanded regional insight and entrepreneurial agility to support owners across every asset class.' Rafter added that the firms' combined expertise will allow the new company to 'move faster, think more creatively, and deliver long-term value in ways that legacy operators simply can't.' The merger follows a long line of partnerships furthering Hotel Equities' growth strategy. In March, the firm announced a strategic partnership with Arkansas-based Pinnacle Hotel Group, effective May 1. And since 2021, Hotel Equities has partnered with Colorado-based Greenwood Hospitality, North Dakota-based National Hospitality Services, Tennessee-based Maximum Hospitality, Maryland-based Coakley & Williams Hotel Management, Washington-based The Hotel Group and Florida's Trust Hospitality. Hotel Equities' portfolio has approximately 300 hotels in the U.S., Canada, Caribbean and Latin America, while Springboard brings 48 hotels and resorts across 14 states to the deal. Hotel Equities named Greg O'Stean chief development officer last month.
Yahoo
07-05-2025
- Business
- Yahoo
Hotel Equities and Springboard Hospitality enter merger
Hotel Equities and Springboard Hospitality have merged, forming a 'differentiated' hotel management company. This move is said to unite two 'complementary' entities with distinct capabilities in the hospitality sector. Hotel Equities is known for its experience in managing branded, select and full-service assets, while Springboard Hospitality oversees independent, lifestyle and resort properties. The joint entity will manage a portfolio of properties in the US, Canada, the Caribbean and Latin America. These properties span various destinations including urban centres, resorts and outdoor locales. Springboard Hospitality CEO Ben Rafter will lead the merged company as CEO. Brad Rahinsky, previously the president and CEO of Hotel Equities, will take on the role of chairman. Brad Rahinsky said: 'This next chapter for the combined company establishes scale with expanded regional insight and entrepreneurial agility to support owners across every asset class.' Al Smith, president of hotel operations at Hotel Equities, will be appointed as the chief operating officer, and Springboard Hospitality executive vice-president Rob Robinson will become the president of Springboard Hospitality. Hotel Equities said that the merger integrates its 'scaled purchasing power' and North American presence with Springboard's experience in commercial strategy, technology and expertise in West Coast and Hawaii markets. The company will offer a range of services encompassing capital planning, development, food and beverage strategy, marketing, operations and revenue management. Rafter said: 'We start with what both companies do best: revenue generation and technology innovation. We have earned our reputation by unlocking new revenue opportunities, embracing technology to stay ahead of the curve and tailoring creative solutions for each asset. 'From there our combined expertise allows us to move faster, think more creatively and deliver long-term value in ways that legacy operators simply can't.' As the company progresses towards its next growth phase, it plans to announce key hires and expanded services in the upcoming months. "Hotel Equities and Springboard Hospitality enter merger" was originally created and published by Hotel Management Network, a GlobalData owned brand.
