US: InnVentures, the management division of premium select-service and extended stay hotels under Highgate, has signed two Embassy Suites hotels in Oregon and Washington.
InnVentures will assume management of the Embassy Suites Portland Washington Square, Oregon and Embassy Suites Seattle Bellevue, Washington.
The hotels represent 596 keys and brings the number of Embassy Suites under management by InnVentures to four.
The additions take the total number of properties managed by InnVentures to 85.
“The Pacific Northwest has been our primary market for over 40 years, and we’ve continued to flourish throughout Northern California and the Rockies,” said David Montrose, executive vice president and head of InnVentures.
“Recently, we’ve been making a push to expand into new markets, such as Florida and the Northeast where we see an opportunity to bring InnVentures’ expertise and deliver strong results for our owners. We continue to grow in a disciplined and methodical manner, and in geographies where we can quickly assemble best-in-class talent clusters,” he added.
In 2023, InnVentures signed 25 hotels in nine states including entry into Virginia, South Carolina, North Carolina, Connecticut and Maryland.
InnVentures anticipates a similar pace of expansion throughout 2024, with additional management contracts to be announced later this year, marking entry into new markets as well as existing regions.
