New Castle Hotels and Resorts

New Castle Hotels & Resorts is a privately owned hospitality investment, development, and management company with over 40 years of experience in the industry. Established in 1980 by David Buffam, the company manages a diverse portfolio of approximately 3,700 rooms across 23 properties in the United States and Canada.

Their portfolio includes well-known brands such as Marriott, Hilton, IHG, Best Western Premier Collection, Hyatt, and several independent hotels. Notable properties include The Westin Nova Scotian in Halifax, Nova Scotia, and the Algonquin Resort in St. Andrews by the Sea, New Brunswick.

Services Offered

New Castle Hotels & Resorts offers a comprehensive suite of services:

• Hotel management focusing on revenue optimization, expense management, and guest satisfaction
• Development identifying and executing attractive opportunities to unlock property potential
• Investment strategy targeting acquisitions, ground-up developments, and brand repositioning

Their approach leverages proprietary business intelligence tools and a team of industry experts to maximize performance through operational turnarounds.

Achievements and Track Record

The company has a strong track record of operational turnarounds and new constructions, consistently ranking among the top 100 hotel management and development companies in North America. Their commitment to innovation and excellence has earned them recognition as one of the Best Places to Work for 2023.

Recent Acquisitions and Developments

In 2022, New Castle Hotels & Resorts acquired the historic LaSalle Hotel in Bryan, Texas, and partnered with Evermore to acquire two properties in Missoula, Montana.

Locations

• Lexington, KY, USA
• Missoula, MT, USA
• Bryan, TX, USA

The company continues to focus on value-add acquisitions and operational turnarounds, expanding its presence and enhancing the hospitality experience across North America.