Resolute Road Hospitality Announces Addition of Two Oregon Hotels to Managed Portfolio
Resolute Road Hospitality, a third-party management company founded on the promise to change the way owners think of their management company, announced the addition of two hotels to its third-party managed portfolio. The properties, both located in Oregon, are owned by Evergreen Hospitality Development Group, a hospitality development and investment firm led by Alkesh Patel. Prior to founding Evergreen Hospitality, Alkesh served as the 2012-2013 Chairman of AAHOA, the world's leading association of hotel owners, with over 18,000 members owning more than 20,000 hotels.
The addition of the Hampton Inn & Suites Portland Tigard, located in Tigard, Oregon, and the Hampton Inn & Suites Sherwood Portland, located in Sherwood, Oregon, expands Resolute Road's management footprint in the Pacific Northwest, where they already manage assets in Astoria, Bend, Redmond and Portland.
"We were looking for an operating partner that shares our culture, values, and philosophy and found that with Resolute Road Hospitality," said Alkesh Patel, Chairman, CEO, and Founder, Evergreen Hospitality. "We are confident in Resolute Road's ability to deliver exceptional performance to these assets with the addition of their systems and teams."
The 152-room Hampton Inn & Suites Portland Tigard is strategically located amidst the bustling hubs of Beaverton, Lake Oswego, and Downtown Portland. Guests will enjoy its proximity to Downtown Portland, the Oregon Zoo, and the Washington Square shopping mall. The property features a heated indoor pool, hot tub, 24-hour fitness center, free Wi-Fi, and a complimentary hot breakfast daily.
The 73-room Hampton Inn & Suites Sherwood Portland is nestled amidst the picturesque Oregon wine country and is perfectly positioned to accommodate both business and leisure travelers. Guests will be able to enjoy the Sherwood Market Center, Stella Olsen Memorial Park, and the abundance of wineries, including Ponzi Vineyards, Tualatin River, and the National Wildlife Refuge, all within a few miles of the property.
"We are thrilled to welcome these two properties into our managed portfolio," said Eric Danziger, CEO. "Alkesh and the Evergreen team are highly respected hotel owners. Resolute Road will be able to immediately improve the performance of these properties through our dedicated, strategic sales efforts and our relentless expense management practices."
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