Overview
- The combined portfolio surpasses the companies’ prior two-year goal of reaching 50 hotels, according to Waterford CEO Len Wolman.
- The geographic reach spans New England to the Midwest with a notable concentration in Chicago, plus coverage across the Eastern U.S. and a growing South Central presence.
- The mix includes full-service hotels, convention centers, boutique inns, and franchised properties under Marriott and Hilton brands.
- Executives say they are actively seeking new acquisitions, management contracts, and redevelopment projects in high-demand markets.
- The firms emphasize operational efficiencies and employee development opportunities as priorities during integration.