Core Insights - Widewaters has selected Schulte Hospitality Group (SHG) to manage its hotel collection, marking a strategic expansion phase focused on enhancing guest experience and operational excellence [1][2] - The partnership aims to improve market positioning and guest satisfaction while maintaining long-term asset value [2] Group 1: Management and Operations - SHG will oversee daily operations, sales and marketing strategy, revenue management, and food and beverage programming for the Widewaters hotel portfolio [1] - SHG's operational expertise and performance-driven approach are expected to elevate the Widewaters portfolio and enhance guest experiences [3][4] Group 2: Portfolio Details - Widewaters' portfolio consists of seven hotels, including notable properties such as the Cherry Valley Hotel in Newark, Ohio, and the Woodcliff Hotel & Spa in Fairport, New York [5] - Basin Ventures will continue to manage the asset oversight for the portfolio [2] Group 3: Strategic Goals - The collaboration aims to align revenue strategy, sales activation, and on-property execution to unlock performance gains and deliver a memorable guest experience [4] - SHG manages over 250 hotels globally, operating under major brands like Hilton, Marriott, IHG, and Hyatt [4]
Widewaters appoints SHG to manage seven-hotel portfolio
Yahoo Finance·2026-03-04 11:39