Today, HHM’s portfolio is comprised of roughly 1/3 lifestyle and independent, 1/3 resort and full-service and 1/3 premium-branded, urban select-service. Through the pandemic, HHM successfully launched and is ramping three independent properties: The Whitney in Beacon Hill/Boston, the THesis Hotel in Coral Gables/Miami and the Plaza Hotel in El Paso, Texas. The company also added unique assets to its portfolio, such as Hotel Nia in Menlo Park, CA, and the Islander Resort in the Florida Keys.
These new additions complement HHM’s existing independent collection hotels and resorts such as Sanctuary Beach Resort in Monterey, CA, The Envoy Hotel and Rooftop in Boston’s Seaport and the Cadillac Hotel & Beach Club on Miami Beach.
HHM’s ability to drive market share and generate sales through differentiated technology set them apart. Their active approach to cash management and transparency with owners help strengthen relationships and drive outcomes.
In addition to management services, HHM has also sourced and made substantial investments in properties in the past year. “We have the capital and teams in place to move quickly and decisively to acquire and/or invest in hotels that we believe speak to our respective marketplaces,” said Naveen Kakarla, president & CEO, HHM. “As the industry begins its inevitable rebound, we are focused on growth as both an operator and potential investor. Many owners have struggled through the past 12 months, and HHM has positioned itself to hit the ground running. Our teams and structures allow us to preserve and grow property values and look forward to working with hoteliers to take full advantage of the recovery process.”
