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Proper Hospitality

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uuid0002cqc

Namestring
Proper Hospitality
Legal namestring
Proper Hospitality, LLC
Websiteurl
properhotel.com
Company typeenum
Private
Founded yearint
2014
Descriptiontext

Proper Hospitality designs, brands, and operates a portfolio of luxury lifestyle boutique hotels anchored by a Kelly Wearstler interior design signature, a wellness-integrated operating philosophy, and chef-driven food and beverage programs. Founded in 2014 and headquartered in Santa Monica, California as Proper Hospitality, LLC (Delaware-incorporated), the company currently operates four core Proper Hotels — Austin Proper (238 rooms), Downtown L.A. Proper (147 rooms), San Francisco Proper (131 rooms), and Santa Monica Proper (262 rooms) — plus The Shelborne by Proper in Miami Beach, with a development pipeline that includes Lake Tahoe Proper Resort & Casino (opening 2027, $298 million financed), Dallas Proper Hotel & Residences (opening 2029, 34-story tower), and Midtown Park Residences by Proper in Miami (2028 completion as part of a $2 billion mixed-use master plan). The company also operates The Collective, a curation of independent design-driven boutique properties (Avalon Hotels, Hotel June, The Culver Hotel, Ingleside Estate, Montauk Yacht Club) and runs a By Proper sub-brand extending the platform to new markets and creative collaborators.

The underlying operating model combines hotel accommodations with multiple revenue verticals per property: seed oil-free culinary programs across all kitchens (a claimed global first in luxury hospitality), Ayurvedic and recovery-focused wellness (Surya Spa at Santa Monica, Verbena Spa at Austin, Recovery Suites with cold plunges and red light therapy, Eight Sleep-equipped wellness rooms), Proper Club memberships, branded whole-ownership residences, and Proper Presents cultural programming. Distribution runs primarily through direct booking on properhotel.com with a Proper Insider loyalty program, complemented by the Marriott Bonvoy/Design Hotels partnership (access to 100M+ loyalty members) and OpenTable for F&B. The brand has earned consecutive Michelin Key Awards (2024-2025) across multiple properties, Forbes Travel Guide 4-Star recognition at Austin Proper (2022-2024, 2026), LEED Gold (Austin) and LEED Silver (Santa Monica) certifications, and inclusion on Travel + Leisure's World's Best Awards.

The revenue model is diversified across hotel room revenues, food and beverage operations (transactional), branded residential sales (one-time license), private club memberships and wellness services (subscription/recurring), and management fees and licensing through The Collective and By Proper. Customer segments include affluent luxury leisure travelers, corporate meeting and event planners, wedding and social event hosts, ultra-high-net-worth residential buyers, and wellness-focused consumers. The company is privately held and has scaled primarily through organic operations and project-level development financing rather than significant external equity capital, with its only disclosed exempt securities offering valued at $500,000 (of which $333,378 had been sold as of August 2024).

Short descriptiontext

Proper Hospitality designs, brands, and operates luxury lifestyle boutique hotels featuring Kelly Wearstler interiors, chef-driven dining, and integrated wellness programming, serving affluent leisure travelers, corporate event clients, and UHNW residential buyers across U.S. markets.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersSanta Monica, United States
HQ citystring
Santa Monica
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices8 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
luxury boutique hotels, wellness hospitality, branded residences, hotel management, lifestyle hospitality
Industry4 codes
1Design-Led Boutique Hotels
CodeTHAGADAAPrimaryYes
2Urban Luxury Hotels (City Luxury)
CodeTHAGACAEPrimaryNo
3Urban & Downtown Full-Service Hotels
CodeTHAGAAAAPrimaryNo
4Resort-Area Full-Service Hotels (Non–All-Inclusive)
CodeTHAGAAADPrimaryNo
NAICS code2 codes
  • Hotels (except Casino Hotels) and Motels72111
  • Traveler Accommodation7211
SIC code1 code
  • Hotels & Motels7011
Product category
Boutique Hotels & Residences
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model6 records
1Hotel Room Revenues
TypeSubscription Recurring
Description

Primary revenue from room bookings across four operating Proper Hotels (Austin, Downtown L.A., San Francisco, Santa Monica) plus The Shelborne by Proper. Rooms range from 131 to 262+ units per property. Average daily rates positioned at luxury price points, with seasonal pricing, special offers, and suite premium pricing. Marriott Bonvoy integration enables loyalty-driven bookings.

properhotel.com
2Food & Beverage Operations
TypeTransaction Fee
Description

Each Proper property features multiple chef-driven restaurants and bars open to both hotel guests and local communities. Austin has The Peacock, La Piscina, Goldie's, The Quill Room, Kappo Kappo, and Afternoon Tea. Downtown L.A. has Cabrillo, Cara Cara, and Dahlia. San Francisco has Charmaine's Rooftop and Villon. Santa Monica has Calabra Rooftop and Palma. Dining is a significant revenue stream and a key local-community engagement channel.

properhotel.com
3Branded Residential Sales
TypeOne Time License
Description

Proper Residences are whole-ownership homes integrated into hotel properties. Austin Proper Residences (99 units across top 20 floors), Dallas Proper Residences (~82 units, pre-sales beginning 2026), and Midtown Park Residences in Miami (part of $2 billion Midtown development). Residences generate upfront sales revenue plus ongoing service/membership fees and provide owners with access to hotel amenities and programming.

properhotel.com
4Private Club Memberships
TypeSubscription Recurring
Description

Proper Club memberships at Santa Monica and Austin provide members with access to fitness, wellness, social lounges, pools, and dining, with full hotel benefits and cultural programming. Dallas Proper will feature a 6,000-square-foot Proper Club as part of the mixed-use development. Membership fees generate recurring revenue and deepen local community engagement.

properhotel.com
5Wellness Services & Programming
TypeSubscription Recurring
Description

Revenue from spa treatments (Surya Spa at Santa Monica, Verbena Spa at Austin), recovery suites, fitness classes, wellness retreats, and Performance Stay packages. Wellness is a distinct revenue center and a key brand differentiator, particularly at Santa Monica where the wellness programming is most extensive.

properhotel.com
6Management Fees & Licensing
TypeLicensing Royalties
Description

Proper Hospitality designs, brands, and operates hotel and residential experiences. The company manages The Collective—a curation of independent design-driven boutique hotels (Avalon Hotels, Hotel June, The Culver Hotel, Ingleside Estate, Montauk Yacht Club)—generating management fee income. By Proper extends the Proper philosophy to new formats and locations through licensing and brand partnerships.

sec.gov
Marketing channels10 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Marketing or Sales, Supply Chain, Infrastructure, Technology or R&D
Pricing details11 tiers
1Summer Savings by Design - up to 15% off standard rates
ModelSubscriptionBilling cadencePay-as-you-go
Notes

Up to 15% off at Santa Monica Proper for stays through September 21, 2026. Available across room types with direct booking incentive.

properhotel.com
2Suite Escape Package - up to 15% off + $250 dining credit
ModelSubscriptionBilling cadencePay-as-you-go
Notes

Save up to 15% in Proper Suites at Santa Monica plus receive $250 dining credit per stay. Suite-specific premium offering.

properhotel.com
3Fourth Night Free - 4th night complimentary on 3+ night stays
ModelSubscriptionBilling cadencePay-as-you-go
Notes

Complimentary 4th night for stays of 3+ nights at Santa Monica Proper. Loyalty-style promotion for extended visits.

properhotel.com
4RESET Movement + Recovery - $200 dining credit per stay
ModelSubscriptionBilling cadencePay-as-you-go
Notes

2-night wellness stay with $200 dining credit per stay at Santa Monica Proper, focused on recovery and movement programming.

properhotel.com
5Proper Performance Stay - private training + VO2 Max testing + $100 dining credit
ModelSubscriptionBilling cadencePay-as-you-go
Notes

Personalized performance and recovery package at Santa Monica Proper including private training session, VO2 Max testing, and $100 dining credit.

properhotel.com
6Summer Savings By Design - 15% off + $60 daily breakfast credit
ModelSubscriptionBilling cadencePay-as-you-go
Notes

2+ night stays at Austin Proper: 15% discount plus $60 daily breakfast credit. Direct booking offer.

properhotel.com
7A Proper Night on Us - complimentary 3rd or 4th night
ModelSubscriptionBilling cadencePay-as-you-go
Notes

Stay 2 nights get 3rd night free; stay 3 nights get 4th night free at Austin Proper. Loyalty repeat-stay incentive.

properhotel.com
8Suite Life Package - up to 15% off + $200 hotel credit per stay
ModelSubscriptionBilling cadencePay-as-you-go
Notes

2+ night suite stays at Austin Proper: save up to 15% plus $200 hotel credit per stay. Premium suite upsell mechanic.

properhotel.com
9Midtown Park Residences Miami - pricing starting in mid-$600,000s
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Midtown Park Residences in Miami: pricing starts in the mid-$600,000s for luxury residences. Part of $2 billion Midtown master plan. Construction expected completion 2028.

citybiz.co
10Dallas Proper Residences - interest list forming, pre-sales Q1 2026
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Dallas Proper Residences: 82 whole-ownership residences from 1- to 3-bedroom homes to penthouses, priced at luxury market rates. Pre-sales begin by invitation early 2026. Ownership includes Proper Club and Wellness Center access.

properhotel.com
11Austin Proper Residences - resale market pricing
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Austin Proper Residences: 99 residences (1-, 2-, 3-bedroom condos and 4-5 bedroom penthouses) on top 20 floors of the hotel tower. LEED Gold certified building. Resales available on the market.

properhotel.com
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 of 2 records shown
1By Proper
Description

Sub-brand extending the Proper ethos to new markets with fresh creative collaborators, including The Shelborne by Proper and Midtown Park Residences by Proper.

properhotel.com
+1 more record
Core offering1 text field

Proper Hospitality designs, brands, and operates design-forward luxury lifestyle boutique hotels across U.S. creative hubs (Austin, Downtown L.A., San Francisco, Santa Monica, plus Miami Beach). Each property features Kelly Wearstler interiors, chef-driven restaurants and bars, integrated wellness programming (spas, recovery suites, fitness), and cultural events under the Proper Presents banner. The company also sells whole-ownership branded residences, operates Proper Club memberships, and manages The Collective of independent boutique hotels under Proper Hospitality.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • First luxury hotel group globally to eliminate seed oils from all kitchens
+4 more records
Product overview1 text field

Proper Hospitality operates a luxury lifestyle hotel and residence portfolio featuring multiple brands across distinct market segments. The core offering includes four operating Proper Hotels in Austin, Downtown L.A., San Francisco, and Santa Monica, all designed by Kelly Wearstler. The By Proper sub-brand extends the concept through new creative voices, including The Shelborne by Proper and Midtown Park Residences in Miami. The Collective curation includes independent design-driven properties (Avalon Hotels, Hotel June, Ingleside Estate, The Culver Hotel, Montauk Yacht Club). Upcoming developments include Lake Tahoe Proper Resort & Casino (2027), Dallas Proper Hotel & Residences (2029), and Palm Springs Proper Hotel. The portfolio emphasizes wellness-forward hospitality with spas, recovery suites, fitness centers, and Proper Club memberships, complemented by chef-driven restaurant and bar concepts, cultural programming through Proper Presents, and direct-booking loyalty through Proper Insider. Residences are offered at Austin and Dallas properties, with Midtown Park Residences in Miami as a pure residential launch.

Product and service16 records
1Austin Proper Hotel & Residences
CategoryLuxury Boutique Hotel
Description

Luxury boutique hotel and residences in Austin's Second Street District with 238 design-forward rooms and suites by Kelly Wearstler, featuring Verbena Spa, Recovery Room, six F&B venues, rooftop pool, and 9,500 sq ft of meeting space.

2Downtown L.A. Proper Hotel
CategoryLuxury Boutique Hotel
Description

147-room luxury boutique hotel in Los Angeles' historic Broadway Corridor, transformed from a landmark building with Kelly Wearstler interiors, two destination restaurants, rooftop pool, and city-view lounge.

3San Francisco Proper Hotel
CategoryLuxury Boutique Hotel
Description

Flagship 131-room boutique hotel in San Francisco's Mid-Market district housed in a historic flatiron landmark, with Kelly Wearstler interiors, panoramic rooftop, and four dining destinations including Charmaine's rooftop and Villon.

4Santa Monica Proper Hotel
CategoryLuxury Wellness Hotel
Description

262-room luxury wellness hotel in Santa Monica featuring Kelly Wearstler interiors, rooftop pool deck, Surya Spa with Ayurvedic therapies, Recovery Suite with cold plunges, red light therapy, and the Ammortal Chamber, plus Calabra and Palma dining.

5Lake Tahoe Proper Resort & Casino
CategoryResort & Casino
Description

Redevelopment of the historic Cal Neva Hotel (1926) into a 198-room year-round resort straddling the California-Nevada border, featuring lakefront pools, multiple restaurants, casino, 50,000 sq ft wellness center with spa and Padel courts, members-only Proper Club, and restored Frank Sinatra Theater. Opening 2027.

6Dallas Proper Hotel & Residences
CategoryLuxury Hotel & Residences
Description

34-story luxury hotel and residences development in Uptown Dallas, designed by Skidmore Owings & Merrill with Kelly Wearstler interiors. Features approximately 200 guestrooms, 82 residences, 15,000 sq ft Proper Wellness Center, 6,000 sq ft Proper Club, three destination restaurants, and 22,000 sq ft of event space. Opening 2029.

7Midtown Park Residences by Proper
CategoryBranded Residences
Description

28-story luxury residential tower in Miami's Midtown/Design District, developed with Rosso Development and designed by Arquitectonica, Meyer Davis Studio, and Naturalficial. Part of a $2 billion mixed-use destination with tropical pool deck, fitness center, yoga garden, spa, and rooftop pickleball court. Construction completion 2028.

8The Shelborne by Proper
CategoryLuxury Boutique Hotel
Description

Oceanfront Miami Beach property reimagined as part of the By Proper brand, featuring layered design moments and Miami rhythm with beach access, pool deck, and connections to local culture at 18th Street Collins Avenue.

9The Collective by Proper Hospitality
CategoryManaged Boutique Hotels
Description

Curation of independent design-driven boutique hotels designed, branded, and operated by Proper Hospitality, including Avalon Hotels (Beverly Hills and Palm Springs), Hotel June (Malibu and West L.A.), The Culver Hotel, Ingleside Estate, and Montauk Yacht Club.

10Proper Insider Loyalty Program
CategoryDirect Booking Loyalty Program
Description

Direct booking loyalty program offering perks including flexible stays (early arrival, late departure), no pet fees, select wellness and dining perks, and Marriott Bonvoy points on eligible stays. Rewards guests who book directly through properhotel.com.

11Proper Club Membership
CategoryWellness and Social Club Membership
Description

Members-only wellness and social club at Santa Monica and Austin offering access to fitness, wellness, social lounges, pools, dining, exclusive hotel benefits, and community programming. Dallas will add a 6,000 sq ft Proper Club. Membership fees generate recurring revenue.

12Restaurant and Bar Portfolio
CategoryFood and Beverage Operations
Description

Collection of chef-driven restaurants and bars across Proper properties including Cabrillo, Cara Cara, and Dahlia (Downtown L.A.); Calabra and Palma (Santa Monica); Kappo Kappo, The Peacock, La Piscina, Goldie's, and The Quill Room (Austin); Charmaine's and Villon (San Francisco). Features seed oil-free cooking, seasonal sourcing, and design-driven settings.

13Wellness Programming
CategoryWellness and Spa Services
Description

Wellness offerings integrated across properties including Surya Spa with Ayurvedic therapies at Santa Monica, Verbena Spa at Austin, Recovery Suites with cold plunges, red light therapy, and Ammortal Chamber, state-of-the-art fitness centers, rooftop yoga, and Proper Club memberships. Focus on five pillars: Movement, Recovery, Nourishment, Rest, and Connection.

14Proper Presents Cultural Programming
CategoryCultural Programming and Events
Description

Cultural programming arm of Proper Hotels featuring music events including intimate DJ sets, live performances, sound baths, and cultural conversations. Creates lifestyle destination positioning through curated experiences.

15Austin Proper Residences
CategoryBranded Residences
Description

99 whole-ownership condominium residences and penthouses on the top 20 floors of Austin Proper's tower, featuring 1, 2, 3-bedroom residences and panoramic-view 4 and 5-bedroom penthouses designed by Kelly Wearstler. LEED Gold certified building. Resales available on the market.

16Dallas Proper Residences
CategoryBranded Residences
Description

82 whole-ownership luxury residences (one- to three-bedroom homes and penthouses) above the Dallas Proper Hotel with 10.5'+ ceilings, floor-to-ceiling glass, panoramic Uptown views, and private rooftop amenities in select homes. Pre-sales begin by invitation in early 2026.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership12 partners
1McWhinney (construction inquiries)
Strategic tierMinorTypeImplementation/ SI/ Consulting PartnerAnnounced on2026-04-02
Description

McWhinney is referenced for construction inquiries related to the Lake Tahoe Proper Resort & Casino development. [email protected] is listed as the development construction contact for the project.

hotelnewsresource.com
Strategic tierCoreTypeStrategic or Co-development Partner
Description

McGuire Moorman Lambert Hospitality is the culinary partner for Austin Proper Hotel, creating and operating all restaurant and bar concepts including The Peacock Mediterranean Grill, La Piscina poolside Tex-Mex, Goldie's Sunken Bar, and The Quill Room. MML curates menus and service styles across all F&B outlets, events, and private dining. The partnership extends to Austin's meetings and events catering programs.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Award-winning designer Kelly Wearstler is the principal interior designer across all Proper Hotels and most Proper Residences. Her distinctive design vision—layered textures, bold patterns, locally-inspired materials—is integral to Proper's brand identity and guest experience. Properties include Austin (238 rooms), Downtown L.A. (147 rooms), San Francisco (131 rooms), Santa Monica (262 rooms), Dallas Proper, and Lake Tahoe Proper (interiors by Kelly Wearstler).

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Lincoln Property Company is the development partner for Dallas Proper Hotel & Residences, the 34-story mixed-use tower in Uptown Dallas developed in partnership with Kor Real Estate Partners. Lincoln purchased the site in 2024 and is co-developing the property with Proper Hospitality. The project is expected to complete in 2029.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Rosso Development is the co-developer of Midtown Park Residences by Proper, a 28-story luxury residential tower and part of a $2 billion mixed-use destination at the crossroads of Miami's Design District, Wynwood, and Midtown. Rosso is working alongside Midtown Development and Proper Hospitality on the project, expected to complete in 2028.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Arquitectonica is the architecture firm for Midtown Park Residences by Proper, bringing its globally recognized design pedigree to the Miami development. Alongside Meyer Davis Studio and Naturalficial, Arquitectonica is shaping the 28-story tower's architecture and design.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Meyer Davis Studio is the interior design firm for Midtown Park Residences by Proper, collaborating with Arquitectonica and Naturalficial on the Miami residential project. Meyer Davis is also the interior designer referenced for Midtown Park residences within the Proper Residences portfolio.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Skidmore, Owings & Merrill (SOM) is the architecture firm for Dallas Proper Hotel & Residences, designing the 34-story tower in Uptown Dallas. SOM brings globally recognized architectural pedigree alongside Proper's signature sensibility and Kelly Wearstler's interiors.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Kor Real Estate Partners is the development partner for Dallas Proper and the co-developer of the Lake Tahoe Proper Resort & Casino alongside Realberry and Proper Hospitality. Kor has multiple Proper branded developments in its portfolio and serves as a key GTM and development partner for expansion.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

BVHospitality provides the cocktail anthology and libation program at Villon restaurant in San Francisco Proper, creating the '7x7' cocktail collection in homage to San Francisco's geography. This is a curated beverage partnership that enhances the property's F&B identity.

11Martha Soffer / Surya Spa
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Martha Soffer is the internationally renowned Ayurvedic guru presiding over Surya Spa at Santa Monica Proper. Her Ayurvedic therapies—including Panchakarma and specialized treatments—are a signature wellness differentiator for the property, combining ancient healing traditions with the hotel's modern wellness programming.

properhotel.com
Strategic tierCoreTypeGTM or Marketing Partner
Description

Proper Hotels participates in Marriott Bonvoy as a Design Hotels collection member, enabling guests to earn and redeem Marriott Bonvoy points at all Proper properties. This partnership provides global distribution, loyalty program access, and co-marketing exposure to Marriott's 100M+ member base.

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Design-forward luxury boutique hotel brand with a strong wellness/sustainability positioning (Shivrukas family). Comparable to Proper on boutique luxury scale, design-led identity, integrated wellness programming, and CBD/US coastal market footprint.

TypeDirect peer
Description

Boutique hotel brand combining contemporary art museums with luxury accommodations across multiple US cities. Comparable to Proper on boutique scale, design/art integration, and cultural programming as guest experience.

TypeDirect peer
Description

Design-forward boutique lifestyle hotel brand with integrated restaurants, bars, and cultural programming in urban markets. Comparable to Proper on boutique scale, design-led positioning, rooftop F&B venues, and cultural programming emphasis.

TypeBroad incumbent
Description

Boutique lifestyle hotel brand (part of IHG) with design-led positioning, integrated restaurants, and wellness programming. Comparable to Proper on boutique scale, design-led ethos, and loyalty program integration (Kimpton Karma / Proper Insider).

TypeDirect peer
Description

Members-club-and-boutique-hotel hybrid with strong design identity, wellness programming, and recurring membership revenue stream. Comparable to Proper on boutique scale, design credibility, integrated F&B, and Proper Club membership model.

TypeDirect peer
Description

Iconic design-led boutique hotel brand targeting creative-class travelers with curated F&B, music, and cultural programming. Directly comparable to Proper on lifestyle positioning, design-forward interiors, and community-as-hub ethos.

TypeDirect peer
Description

Lifestyle boutique hotel brand known for design-led interiors, integrated F&B concepts open to locals, and urban market focus. Comparable to Proper on boutique scale, design differentiation, and community-engagement model.

TypeBroad incumbent
Description

Lifestyle luxury hotel brand (part of Ennismore/Accor) with Philippe Starck-designed interiors and celebrity-chef F&B. Comparable to Proper on luxury lifestyle positioning, designer-led interiors, and chef-driven restaurants, though SLS operates at larger scale.

TypeBroad incumbent
Description

Marriott International's design-led boutique luxury brand in partnership with Ian Schrager. Comparable to Proper on boutique luxury positioning, design differentiation, and Marriott Bonvoy distribution; however Edition operates globally and at larger scale.

10Bunkhouse Hotels
TypeDirect peer
Description

Boutique hotel brand operating design-led properties across Texas and the Southwest (Austin, San Antonio, Marfa). Directly comparable to Proper on boutique scale, Texas/Austin market overlap, design-forward positioning, and chef-driven F&B.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

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Type, Details

Key risks6 records

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Headline, Details, Source

Key highlights6 records

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Headline, Details, Source

Customer concentration

Classification, Details

Segment5 records

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Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

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Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

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Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

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Name, Acquired on, Relationship type, Type, Business focus

Compliance8 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

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Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Proper Hospitality

Boutique Hotels & Residencesproperhotel.com

Proper Hospitality designs, brands, and operates luxury lifestyle boutique hotels featuring Kelly Wearstler interiors, chef-driven dining, and integrated wellness programming, serving affluent leisure travelers, corporate event clients, and UHNW residential buyers across U.S. markets.

What Proper Hospitality does

Proper Hospitality designs, brands, and operates a portfolio of luxury lifestyle boutique hotels anchored by a Kelly Wearstler interior design signature, a wellness-integrated operating philosophy, and chef-driven food and beverage programs. Founded in 2014 and headquartered in Santa Monica, California as Proper Hospitality, LLC (Delaware-incorporated), the company currently operates four core Proper Hotels — Austin Proper (238 rooms), Downtown L.A. Proper (147 rooms), San Francisco Proper (131 rooms), and Santa Monica Proper (262 rooms) — plus The Shelborne by Proper in Miami Beach, with a development pipeline that includes Lake Tahoe Proper Resort & Casino (opening 2027, $298 million financed), Dallas Proper Hotel & Residences (opening 2029, 34-story tower), and Midtown Park Residences by Proper in Miami (2028 completion as part of a $2 billion mixed-use master plan). The company also operates The Collective, a curation of independent design-driven boutique properties (Avalon Hotels, Hotel June, The Culver Hotel, Ingleside Estate, Montauk Yacht Club) and runs a By Proper sub-brand extending the platform to new markets and creative collaborators.

The underlying operating model combines hotel accommodations with multiple revenue verticals per property: seed oil-free culinary programs across all kitchens (a claimed global first in luxury hospitality), Ayurvedic and recovery-focused wellness (Surya Spa at Santa Monica, Verbena Spa at Austin, Recovery Suites with cold plunges and red light therapy, Eight Sleep-equipped wellness rooms), Proper Club memberships, branded whole-ownership residences, and Proper Presents cultural programming. Distribution runs primarily through direct booking on properhotel.com with a Proper Insider loyalty program, complemented by the Marriott Bonvoy/Design Hotels partnership (access to 100M+ loyalty members) and OpenTable for F&B. The brand has earned consecutive Michelin Key Awards (2024-2025) across multiple properties, Forbes Travel Guide 4-Star recognition at Austin Proper (2022-2024, 2026), LEED Gold (Austin) and LEED Silver (Santa Monica) certifications, and inclusion on Travel + Leisure's World's Best Awards.

The revenue model is diversified across hotel room revenues, food and beverage operations (transactional), branded residential sales (one-time license), private club memberships and wellness services (subscription/recurring), and management fees and licensing through The Collective and By Proper. Customer segments include affluent luxury leisure travelers, corporate meeting and event planners, wedding and social event hosts, ultra-high-net-worth residential buyers, and wellness-focused consumers. The company is privately held and has scaled primarily through organic operations and project-level development financing rather than significant external equity capital, with its only disclosed exempt securities offering valued at $500,000 (of which $333,378 had been sold as of August 2024).

Proper Hospitality firmographics

Firmographics
Name
Proper Hospitality
Legal name
Proper Hospitality, LLC
Website
https://properhotel.com
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Proper Hospitality designs, brands, and operates luxury lifestyle boutique hotels featuring Kelly Wearstler interiors, chef-driven dining, and integrated wellness programming, serving affluent leisure travelers, corporate event clients, and UHNW residential buyers across U.S. markets.
Ownership category
akta.pro rank

Proper Hospitality industry classification

Industry
Product category
Boutique Hotels & Residences
NAICS
Hotels (except Casino Hotels) and Motels (72111), Traveler Accommodation (7211)
SIC
Hotels & Motels (7011)
akta.pro primary industry
Design-Led Boutique Hotels (THAGADAA)
akta.pro secondary industries
Urban Luxury Hotels (City Luxury) (THAGACAE), Urban & Downtown Full-Service Hotels (THAGAAAA), Resort-Area Full-Service Hotels (Non–All-Inclusive) (THAGAAAD)

Keywords

  • Luxury boutique hotels
  • Wellness hospitality
  • Branded residences
  • Hotel management
  • Lifestyle hospitality

Where Proper Hospitality is headquartered

Location

Headquarters

HQ city
Santa Monica
HQ country
United States
HQ region
North America

Offices8 records

Markets served

Proper Hospitality business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Supply Chain, Infrastructure, Technology or R&D

Revenue model

  1. Hotel Room Revenues: Primary revenue from room bookings across four operating Proper Hotels (Austin, Downtown L.A., San Francisco, Santa Monica) plus The Shelborne by Proper. Rooms range from 131 to 262+ units per property. Average daily rates positioned at luxury price points, with seasonal pricing, special offers, and suite premium pricing. Marriott Bonvoy integration enables loyalty-driven bookings.
  2. Food & Beverage Operations: Each Proper property features multiple chef-driven restaurants and bars open to both hotel guests and local communities. Austin has The Peacock, La Piscina, Goldie's, The Quill Room, Kappo Kappo, and Afternoon Tea. Downtown L.A. has Cabrillo, Cara Cara, and Dahlia. San Francisco has Charmaine's Rooftop and Villon. Santa Monica has Calabra Rooftop and Palma. Dining is a significant revenue stream and a key local-community engagement channel.
  3. Branded Residential Sales: Proper Residences are whole-ownership homes integrated into hotel properties. Austin Proper Residences (99 units across top 20 floors), Dallas Proper Residences (~82 units, pre-sales beginning 2026), and Midtown Park Residences in Miami (part of $2 billion Midtown development). Residences generate upfront sales revenue plus ongoing service/membership fees and provide owners with access to hotel amenities and programming.
  4. Private Club Memberships: Proper Club memberships at Santa Monica and Austin provide members with access to fitness, wellness, social lounges, pools, and dining, with full hotel benefits and cultural programming. Dallas Proper will feature a 6,000-square-foot Proper Club as part of the mixed-use development. Membership fees generate recurring revenue and deepen local community engagement.
  5. Wellness Services & Programming: Revenue from spa treatments (Surya Spa at Santa Monica, Verbena Spa at Austin), recovery suites, fitness classes, wellness retreats, and Performance Stay packages. Wellness is a distinct revenue center and a key brand differentiator, particularly at Santa Monica where the wellness programming is most extensive.
  6. Management Fees & Licensing: Proper Hospitality designs, brands, and operates hotel and residential experiences. The company manages The Collective—a curation of independent design-driven boutique hotels (Avalon Hotels, Hotel June, The Culver Hotel, Ingleside Estate, Montauk Yacht Club)—generating management fee income. By Proper extends the Proper philosophy to new formats and locations through licensing and brand partnerships.

Pricing tiers

ModelBillingPrice
SubscriptionPay-as-you-goSummer Savings by Design - up to 15% off standard rates
SubscriptionPay-as-you-goSuite Escape Package - up to 15% off + $250 dining credit
SubscriptionPay-as-you-goFourth Night Free - 4th night complimentary on 3+ night stays
SubscriptionPay-as-you-goRESET Movement + Recovery - $200 dining credit per stay
SubscriptionPay-as-you-goProper Performance Stay - private training + VO2 Max testing + $100 dining credit
SubscriptionPay-as-you-goSummer Savings By Design - 15% off + $60 daily breakfast credit
SubscriptionPay-as-you-goA Proper Night on Us - complimentary 3rd or 4th night
SubscriptionPay-as-you-goSuite Life Package - up to 15% off + $200 hotel credit per stay
Unit PricingPay-as-you-goMidtown Park Residences Miami - pricing starting in mid-$600,000s
Unit PricingPay-as-you-goDallas Proper Residences - interest list forming, pre-sales Q1 2026
Unit PricingPay-as-you-goAustin Proper Residences - resale market pricing

Go-to-market motion2 records

Distribution channels5 records

Marketing channels10 records

Proper Hospitality product offering

Product offering

Core offering

Proper Hospitality designs, brands, and operates design-forward luxury lifestyle boutique hotels across U.S. creative hubs (Austin, Downtown L.A., San Francisco, Santa Monica, plus Miami Beach). Each property features Kelly Wearstler interiors, chef-driven restaurants and bars, integrated wellness programming (spas, recovery suites, fitness), and cultural events under the Proper Presents banner. The company also sells whole-ownership branded residences, operates Proper Club memberships, and manages The Collective of independent boutique hotels under Proper Hospitality.

Product overview

Proper Hospitality operates a luxury lifestyle hotel and residence portfolio featuring multiple brands across distinct market segments. The core offering includes four operating Proper Hotels in Austin, Downtown L.A., San Francisco, and Santa Monica, all designed by Kelly Wearstler. The By Proper sub-brand extends the concept through new creative voices, including The Shelborne by Proper and Midtown Park Residences in Miami. The Collective curation includes independent design-driven properties (Avalon Hotels, Hotel June, Ingleside Estate, The Culver Hotel, Montauk Yacht Club). Upcoming developments include Lake Tahoe Proper Resort & Casino (2027), Dallas Proper Hotel & Residences (2029), and Palm Springs Proper Hotel. The portfolio emphasizes wellness-forward hospitality with spas, recovery suites, fitness centers, and Proper Club memberships, complemented by chef-driven restaurant and bar concepts, cultural programming through Proper Presents, and direct-booking loyalty through Proper Insider. Residences are offered at Austin and Dallas properties, with Midtown Park Residences in Miami as a pure residential launch.

Differentiator

Problem solved

Functional benefit

Brands

  • By Proper: Sub-brand extending the Proper ethos to new markets with fresh creative collaborators, including The Shelborne by Proper and Midtown Park Residences by Proper.
  • The Collective

Products and services

  • Austin Proper Hotel & Residences Luxury boutique hotel and residences in Austin's Second Street District with 238 design-forward rooms and suites by Kelly Wearstler, featuring Verbena Spa, Recovery Room, six F&B venues, rooftop pool, and 9,500 sq ft of meeting space.
  • Downtown L.A. Proper Hotel 147-room luxury boutique hotel in Los Angeles' historic Broadway Corridor, transformed from a landmark building with Kelly Wearstler interiors, two destination restaurants, rooftop pool, and city-view lounge.
  • San Francisco Proper Hotel Flagship 131-room boutique hotel in San Francisco's Mid-Market district housed in a historic flatiron landmark, with Kelly Wearstler interiors, panoramic rooftop, and four dining destinations including Charmaine's rooftop and Villon.
  • Santa Monica Proper Hotel 262-room luxury wellness hotel in Santa Monica featuring Kelly Wearstler interiors, rooftop pool deck, Surya Spa with Ayurvedic therapies, Recovery Suite with cold plunges, red light therapy, and the Ammortal Chamber, plus Calabra and Palma dining.
  • Lake Tahoe Proper Resort & Casino Redevelopment of the historic Cal Neva Hotel (1926) into a 198-room year-round resort straddling the California-Nevada border, featuring lakefront pools, multiple restaurants, casino, 50,000 sq ft wellness center with spa and Padel courts, members-only Proper Club, and restored Frank Sinatra Theater. Opening 2027.
  • Dallas Proper Hotel & Residences 34-story luxury hotel and residences development in Uptown Dallas, designed by Skidmore Owings & Merrill with Kelly Wearstler interiors. Features approximately 200 guestrooms, 82 residences, 15,000 sq ft Proper Wellness Center, 6,000 sq ft Proper Club, three destination restaurants, and 22,000 sq ft of event space. Opening 2029.
  • Midtown Park Residences by Proper 28-story luxury residential tower in Miami's Midtown/Design District, developed with Rosso Development and designed by Arquitectonica, Meyer Davis Studio, and Naturalficial. Part of a $2 billion mixed-use destination with tropical pool deck, fitness center, yoga garden, spa, and rooftop pickleball court. Construction completion 2028.
  • The Shelborne by Proper Oceanfront Miami Beach property reimagined as part of the By Proper brand, featuring layered design moments and Miami rhythm with beach access, pool deck, and connections to local culture at 18th Street Collins Avenue.
  • The Collective by Proper Hospitality Curation of independent design-driven boutique hotels designed, branded, and operated by Proper Hospitality, including Avalon Hotels (Beverly Hills and Palm Springs), Hotel June (Malibu and West L.A.), The Culver Hotel, Ingleside Estate, and Montauk Yacht Club.
  • Proper Insider Loyalty Program Direct booking loyalty program offering perks including flexible stays (early arrival, late departure), no pet fees, select wellness and dining perks, and Marriott Bonvoy points on eligible stays. Rewards guests who book directly through properhotel.com.
  • Proper Club Membership Members-only wellness and social club at Santa Monica and Austin offering access to fitness, wellness, social lounges, pools, dining, exclusive hotel benefits, and community programming. Dallas will add a 6,000 sq ft Proper Club. Membership fees generate recurring revenue.
  • Restaurant and Bar Portfolio Collection of chef-driven restaurants and bars across Proper properties including Cabrillo, Cara Cara, and Dahlia (Downtown L.A.); Calabra and Palma (Santa Monica); Kappo Kappo, The Peacock, La Piscina, Goldie's, and The Quill Room (Austin); Charmaine's and Villon (San Francisco). Features seed oil-free cooking, seasonal sourcing, and design-driven settings.
  • Wellness Programming Wellness offerings integrated across properties including Surya Spa with Ayurvedic therapies at Santa Monica, Verbena Spa at Austin, Recovery Suites with cold plunges, red light therapy, and Ammortal Chamber, state-of-the-art fitness centers, rooftop yoga, and Proper Club memberships. Focus on five pillars: Movement, Recovery, Nourishment, Rest, and Connection.
  • Proper Presents Cultural Programming Cultural programming arm of Proper Hotels featuring music events including intimate DJ sets, live performances, sound baths, and cultural conversations. Creates lifestyle destination positioning through curated experiences.
  • Austin Proper Residences 99 whole-ownership condominium residences and penthouses on the top 20 floors of Austin Proper's tower, featuring 1, 2, 3-bedroom residences and panoramic-view 4 and 5-bedroom penthouses designed by Kelly Wearstler. LEED Gold certified building. Resales available on the market.
  • Dallas Proper Residences 82 whole-ownership luxury residences (one- to three-bedroom homes and penthouses) above the Dallas Proper Hotel with 10.5'+ ceilings, floor-to-ceiling glass, panoramic Uptown views, and private rooftop amenities in select homes. Pre-sales begin by invitation in early 2026.

Quantifiable outcome

  • First luxury hotel group globally to eliminate seed oils from all kitchens
  • +4 more outcomes

Companies that use Proper Hospitality

Customer profile

Segments5 records

Ideal customer profiles5 records

Proper Hospitality technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Proper Hospitality partnerships and signals

Strategic signal

Partnerships

Twelve partnerships are on record, tiered minor and core.

  • McWhinney (construction inquiries)minorImplementation/ SI/ Consulting Partner · 2 April 2026McWhinney is referenced for construction inquiries related to the Lake Tahoe Proper Resort & Casino development. [email protected] is listed as the development construction contact for the project.
  • McGuire Moorman Lambert Hospitality (MML)coreStrategic or Co-development PartnerMcGuire Moorman Lambert Hospitality is the culinary partner for Austin Proper Hotel, creating and operating all restaurant and bar concepts including The Peacock Mediterranean Grill, La Piscina poolside Tex-Mex, Goldie's Sunken Bar, and The Quill Room. MML curates menus and service styles across all F&B outlets, events, and private dining. The partnership extends to Austin's meetings and events catering programs.
  • Kelly WearstlercoreStrategic or Co-development PartnerAward-winning designer Kelly Wearstler is the principal interior designer across all Proper Hotels and most Proper Residences. Her distinctive design vision—layered textures, bold patterns, locally-inspired materials—is integral to Proper's brand identity and guest experience. Properties include Austin (238 rooms), Downtown L.A. (147 rooms), San Francisco (131 rooms), Santa Monica (262 rooms), Dallas Proper, and Lake Tahoe Proper (interiors by Kelly Wearstler).
  • Lincoln Property CompanycoreStrategic or Co-development PartnerLincoln Property Company is the development partner for Dallas Proper Hotel & Residences, the 34-story mixed-use tower in Uptown Dallas developed in partnership with Kor Real Estate Partners. Lincoln purchased the site in 2024 and is co-developing the property with Proper Hospitality. The project is expected to complete in 2029.
  • Rosso DevelopmentcoreStrategic or Co-development PartnerRosso Development is the co-developer of Midtown Park Residences by Proper, a 28-story luxury residential tower and part of a $2 billion mixed-use destination at the crossroads of Miami's Design District, Wynwood, and Midtown. Rosso is working alongside Midtown Development and Proper Hospitality on the project, expected to complete in 2028.
  • ArquitectonicaminorStrategic or Co-development PartnerArquitectonica is the architecture firm for Midtown Park Residences by Proper, bringing its globally recognized design pedigree to the Miami development. Alongside Meyer Davis Studio and Naturalficial, Arquitectonica is shaping the 28-story tower's architecture and design.
  • Meyer Davis StudiominorStrategic or Co-development PartnerMeyer Davis Studio is the interior design firm for Midtown Park Residences by Proper, collaborating with Arquitectonica and Naturalficial on the Miami residential project. Meyer Davis is also the interior designer referenced for Midtown Park residences within the Proper Residences portfolio.
  • Skidmore, Owings & Merrill (SOM)coreStrategic or Co-development PartnerSkidmore, Owings & Merrill (SOM) is the architecture firm for Dallas Proper Hotel & Residences, designing the 34-story tower in Uptown Dallas. SOM brings globally recognized architectural pedigree alongside Proper's signature sensibility and Kelly Wearstler's interiors.
  • Kor Real Estate PartnerscoreStrategic or Co-development PartnerKor Real Estate Partners is the development partner for Dallas Proper and the co-developer of the Lake Tahoe Proper Resort & Casino alongside Realberry and Proper Hospitality. Kor has multiple Proper branded developments in its portfolio and serves as a key GTM and development partner for expansion.
  • BVHospitalityminorStrategic or Co-development PartnerBVHospitality provides the cocktail anthology and libation program at Villon restaurant in San Francisco Proper, creating the '7x7' cocktail collection in homage to San Francisco's geography. This is a curated beverage partnership that enhances the property's F&B identity.
  • Martha Soffer / Surya SpaminorStrategic or Co-development PartnerMartha Soffer is the internationally renowned Ayurvedic guru presiding over Surya Spa at Santa Monica Proper. Her Ayurvedic therapies—including Panchakarma and specialized treatments—are a signature wellness differentiator for the property, combining ancient healing traditions with the hotel's modern wellness programming.
  • Marriott Bonvoy / Design HotelscoreGTM or Marketing PartnerProper Hotels participates in Marriott Bonvoy as a Design Hotels collection member, enabling guests to earn and redeem Marriott Bonvoy points at all Proper properties. This partnership provides global distribution, loyalty program access, and co-marketing exposure to Marriott's 100M+ member base.

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Proper Hospitality competitors and assessment

Company assessment

Direct peers

  • 1 Hotels: Design-forward luxury boutique hotel brand with a strong wellness/sustainability positioning (Shivrukas family). Comparable to Proper on boutique luxury scale, design-led identity, integrated wellness programming, and CBD/US coastal market footprint.
  • 21c Museum Hotels: Boutique hotel brand combining contemporary art museums with luxury accommodations across multiple US cities. Comparable to Proper on boutique scale, design/art integration, and cultural programming as guest experience.
  • Standard Hotels: Design-forward boutique lifestyle hotel brand with integrated restaurants, bars, and cultural programming in urban markets. Comparable to Proper on boutique scale, design-led positioning, rooftop F&B venues, and cultural programming emphasis.
  • Soho House: Members-club-and-boutique-hotel hybrid with strong design identity, wellness programming, and recurring membership revenue stream. Comparable to Proper on boutique scale, design credibility, integrated F&B, and Proper Club membership model.
  • Ace Hotel: Iconic design-led boutique hotel brand targeting creative-class travelers with curated F&B, music, and cultural programming. Directly comparable to Proper on lifestyle positioning, design-forward interiors, and community-as-hub ethos.
  • The Hoxton: Lifestyle boutique hotel brand known for design-led interiors, integrated F&B concepts open to locals, and urban market focus. Comparable to Proper on boutique scale, design differentiation, and community-engagement model.
  • Bunkhouse Hotels: Boutique hotel brand operating design-led properties across Texas and the Southwest (Austin, San Antonio, Marfa). Directly comparable to Proper on boutique scale, Texas/Austin market overlap, design-forward positioning, and chef-driven F&B.

Broad incumbents

  • Kimpton Hotels & Restaurants: Boutique lifestyle hotel brand (part of IHG) with design-led positioning, integrated restaurants, and wellness programming. Comparable to Proper on boutique scale, design-led ethos, and loyalty program integration (Kimpton Karma / Proper Insider).
  • SLS Hotels: Lifestyle luxury hotel brand (part of Ennismore/Accor) with Philippe Starck-designed interiors and celebrity-chef F&B. Comparable to Proper on luxury lifestyle positioning, designer-led interiors, and chef-driven restaurants, though SLS operates at larger scale.
  • Edition Hotels: Marriott International's design-led boutique luxury brand in partnership with Ian Schrager. Comparable to Proper on boutique luxury positioning, design differentiation, and Marriott Bonvoy distribution; however Edition operates globally and at larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Proper Hospitality social profiles

Digital presence

Proper Hospitality compliance and trust

Trust signal

Compliance8 records

Proper Hospitality financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Proper Hospitality leadership team

Management profile

Number of profiles

Profiles3 records

Proper Hospitality subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Proper Hospitality funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Proper Hospitality M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Proper Hospitality

What does Proper Hospitality do?

Proper Hospitality designs, brands, and operates design-forward luxury lifestyle boutique hotels across U.S. creative hubs (Austin, Downtown L.A., San Francisco, Santa Monica, plus Miami Beach). Each property features Kelly Wearstler interiors, chef-driven restaurants and bars, integrated wellness programming (spas, recovery suites, fitness), and cultural events under the Proper Presents banner. The company also sells whole-ownership branded residences, operates Proper Club memberships, and manages The Collective of independent boutique hotels under Proper Hospitality.

Is Proper Hospitality a public or private company?

Proper Hospitality is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Proper Hospitality founded?

Proper Hospitality was founded in 2014. It employs 501 to 1,000 people.

Where is Proper Hospitality based?

Proper Hospitality is headquartered in Santa Monica, United States, in the North America region.

How does Proper Hospitality make money?

Six revenue lines are on record. Hotel Room Revenues are the primary driver. The others are food & Beverage Operations, branded Residential Sales, private Club Memberships, wellness Services & Programming and management Fees & Licensing.

Who are Proper Hospitality's main competitors?

Direct peers on record are 1 Hotels, 21c Museum Hotels, Standard Hotels, Soho House, Ace Hotel, The Hoxton and Bunkhouse Hotels. Broad incumbents are Kimpton Hotels & Restaurants, SLS Hotels and Edition Hotels.

Does Proper Hospitality have an API?

No public API is recorded for Proper Hospitality.

What industry is Proper Hospitality in?

Proper Hospitality's product category is Boutique Hotels & Residences. Its primary akta.pro industry code is THAGADAA, Design-Led Boutique Hotels, with a secondary code of THAGACAE, Urban Luxury Hotels (City Luxury). Its NAICS code is 72111 and its SIC code is 7011.

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Live signals
ForbesProper Hotels Is Betting On Private Clubs As The Future Of Luxury HospitalityProper Hotels is integrating private clubs into its properties, with clubs at Santa Monica and Austin and planned openings in Lake Tahoe and Dallas. Eighty percent of Santa Monica members live locally, and the Dallas club will open in 2029 with a 6,100-square-foot space.GlossyWellness Briefing: Proper Hotel is creating a wellness hospitality blueprint, plus newsProper Hospitality is expanding its wellness offerings, including recovery suites and partnerships with ClassPass, and plans to make these bookable. The group has about 150 members in Santa Monica and is beta testing new treatments in Austin. It is planning expansion into Dallas and Lake Tahoe.Fox NewsAbandoned resort of Frank Sinatra, Marilyn Monroe, other Hollywood stars returns with $298 million remakeRealberry and Proper Hospitality are redeveloping the historic Cal Neva Resort on the California-Nevada border into the Lake Tahoe Proper Resort and Casino, with a planned reopening in 2027 after the property closed in 2013. Developers have secured a $298 million financing package to restore the property, which was partially owned by Frank Sinatra in the 1960s and hosted Hollywood icons including Marilyn Monroe, Dean Martin, and Sammy Davis Jr. The project aims to boost tourism and economic activity in the Lake Tahoe region while preserving the resort's historic character, featuring 197 guest rooms, multiple restaurants, a casino, spa, and restored theater.Hotel Management NetworkRealberry, Proper Hospitality secure $298m for Cal Neva transformationRealberry and Proper Hospitality have secured $298 million in financing to redevelop the historic Cal Neva Hotel on Lake Tahoe's shore into the Lake Tahoe Proper Resort and Casino, with a planned opening in 2027. The financing package includes $223 million in C-PACE financing from Nuveen Green Capital and a $75 million senior secured construction loan from Banc of California, along with investment from private investors including entrepreneur Hayes Barnard. The transformation will create a 197-room destination resort featuring wellness facilities, gaming, dining, a restored 225-seat theatre, and event spaces.CDC Gaming ReportsTahoe’s Cal Neva to start new chapter following quarter billion-plus financing deal – CDC GamingRealberry, a Colorado-based real estate investment and development firm, and Proper Hospitality closed a $298 million financing package on April 2 to revitalize the historic Cal Neva property at North Tahoe's state line. The funding will support the venue's reopening in 2027 under a new name, the Lake Tahoe Proper Resort and Casino, marking a new chapter for the property 100 years after it first opened. The deal aims to address the current hospitality gap in the area where several major properties remain closed.Hotel Industry News by Hotel News ResourceCal Neva Hotel to Reopen as Lake Tahoe Proper Resort and Casino After $298 Million FinancingRealberry and Proper Hospitality have closed a $298 million financing package to redevelop the historic Cal Neva Hotel into the Lake Tahoe Proper Resort and Casino, with opening planned for 2027. The funding includes $223 million in C-PACE financing from Nuveen Green Capital—the largest in Nevada's history and first in Washoe County—plus a $75 million senior secured construction loan from Banc of California. The reimagined property will feature 197 guest rooms, multiple dining venues, a restored 225-seat theater, and a casino, with interiors designed by Kelly Wearstler.Travel And Tour WorldNew Travel Sensation: Lake Tahoe Proper Resort and Casino Gets Huge Financing Boost for Reopening Historic IconThe historic Cal Neva Lodge & Casino in Lake Tahoe, closed since 2013, has secured a $298 million financing package for its redevelopment into the Lake Tahoe Proper Resort & Casino, slated to open in 2027. The financing includes $223 million in C-PACE financing from Nuveen Green Capital — the largest such transaction in Nevada's history — and a $75 million senior secured construction loan from Banc of California. The project, co-developed by Realberry, Kor Real Estate Partners, and Proper Hospitality, will feature 197 guestrooms, multiple restaurants, a restored Frank Sinatra Theater, casino facilities, and wellness amenities across a property straddling the Nevada-California state line.PR NewswireRealberry and Proper Hospitality Secure $298 Million Financing for Redevelopment of Historic Cal Neva into Lake Tahoe Proper Resort and CasinoRealberry and Proper Hospitality have closed a $298 million financing package for the redevelopment of the historic Cal Neva Hotel on Lake Tahoe's northeast shore into the Lake Tahoe Proper Resort and Casino, slated to open in 2027. The financing includes $223 million in C-PACE financing from Nuveen Green Capital—the largest C-PACE deal in Nevada's history and the first in Washoe County—alongside a $75 million senior secured construction loan from Banc of California. The reimagined property will feature 197 guest rooms, multiple restaurants and bars, two pools, spa facilities, a restored 225-seat theater, and a casino, with interiors designed by Kelly Wearstler.MorningstarRealberry and Proper Hospitality Secure $298 Million Financing for Redevelopment of Historic Cal Neva into Lake Tahoe Proper Resort and CasinoRealberry and Proper Hospitality announced the closing of a $298 million financing package for the redevelopment of the historic Cal Neva Hotel into Lake Tahoe Proper Resort and Casino, scheduled to open in 2027. The financing comprises $223 million in C-PACE financing from Nuveen Green Capital—the largest C-PACE deal in Nevada's history and the first ever in Washoe County—alongside a $75 million senior secured construction loan from Banc of California. The project will transform the 1926 landmark property straddling the California-Nevada border into a year-round resort featuring 197 guest rooms, multiple restaurants, spa facilities, pool experiences, event spaces, and a restored 225-seat theater and casino.NewsCal Neva to start new chapter following quarter billion-plus financing dealCal Neva, a historic Lake Tahoe venue closed since 2013, has secured a $298 million financing package to reopen in 2027 as the Lake Tahoe Proper Resort and Casino under ownership of Colorado-based Realberry and Proper Hospitality. The financing includes $223 million in C-PACE financing and $75 million from Banc of California, representing the largest C-PACE transaction in Nevada. The resort will feature 197 guest rooms, restored historical elements including a 225-seat theater, and energy-efficient upgrades designed by Kelly Wearstler.