PHILADELPHIA—HHM has been chosen to manage the Larkspur Landing brand, best known for its upscale extended stay hotels. The 11 all-suite hotels are located in major Northern California and Pacific Northwest cities such as San Francisco, Seattle, Portland, Sacramento, and San Jose. Each of these hotels will continue to be owned by affiliates of Starwood Capital Group, the private investment firm which made its initial investment in 2007 and completed a successful refinancing and related purchase of the Larkspur Landing brand.
“We are honored and delighted to be associated with such an innovative, notable brand and the many dedicated associates that produce such strong and authentic connections with both the business and leisure travelers,” said Naveen P. Kakarla, president and CEO of HHM. “We have spent considerable time with the operations and revenue teams across the portfolio, and our intention is to help foster an already great reputation of genuine hospitality while adding value through HHM’s talent and resources.”
Starwood Senior Vice President Cody Bradshaw also expressed his excitement for the future of the Larkspur Landing hotels. “Following the success of our recent refinancing, we are thrilled at the prospect of generating additional value for our investors through the strategic acquisition of the Larkspur Landing brand and engagement of HHM as manager of this prime West Coast hotel platform,” Bradshaw said.
Designed for business and leisure travelers, Larkspur Landing hotels reflect their California and Pacific Northwest locations. All 11 hotels offer amenities such as 24-hour business centers, complimentary laundry rooms, living room-style lobbies, fitness centers with whirlpool spas, and the complimentary Healthy Start Continental Breakfast.
