What Prentice Hospitality Group does

Prentice Hospitality Group (PHG) is a privately held, founder-controlled hospitality management company headquartered in Portland, Maine, operating a portfolio of approximately ten chef-driven restaurants, a boutique inn, a catering business, a marina, a pastry shop, a coffee shop, and a luxury vacation rental business—all concentrated in Maine. Founded in 2010 by Casey Prentice as a Maine LLC, the group monetizes its venues through per-cover restaurant dining (Twelve, Douro, Evo Kitchen + Bar, The Good Table, Bard Coffee, Not A Bakery), nightly accommodations at the seasonal Chebeague Island Inn, slip rentals at Fore Points Marina (150 deep-water slips for vessels up to 300 feet), catering contracts via 58 Culinary, and luxury house rentals through Maine Harbor Club. Pricing is unit-based, with wine dinners and tasting events ranging from $85 to $350 per person, and reservations are processed through SevenRooms.

Revenue mechanics span transaction fees (dining, accommodations, marina slips, vacation rentals), professional services (catering), and an SEC-registered exempt securities offering filed May 2024 targeting up to $4 million (of which $450,000 had been sold at filing) with a $250,000 minimum investment. The go-to-market is direct-to-consumer and event-driven: PHG relies on its own website (Squarespace), SevenRooms online booking, earned media in Vogue, The New York Times, Bon Appétit, The Washington Post, Boston Magazine, and WSJ Magazine, plus recurring curated wine dinners and tasting experiences that double as both marketing vehicles and high-margin revenue events.

Operationally, PHG employs 51–100 people, maintains all assets in Maine (Portland, Cape Elizabeth, Chebeague Island, House Island), and has no disclosed institutional investors or PE/VC backing. Distribution is multi-channel: dine-in restaurants, SevenRooms online reservations, event ticket sales (SevenRooms experiences and Sevn.ly), inquiry-based catering sales, marina and luxury rental bookings, and a 2026 food truck licensing program at Portland Foreside. Customer segments are horizontal and diversified across dining enthusiasts, event hosts, luxury travelers, and marina customers, with no enterprise-anchor concentration.

Name

Prentice Hospitality Group

Legal name

Prentice Hospitality Group LLC

Website

https://prenticehospitalitygroup.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

Prentice Hospitality Group is a privately held, founder-controlled Maine hospitality company operating approximately ten chef-driven restaurants, a boutique inn, a catering business, a marina, a coffee shop, a bakery, and luxury rentals—all concentrated in Maine and serving regional dining enthusiasts, event hosts, luxury travelers, and marina customers.

Ownership category

akta.pro rank

Product category

Hospitality Services

NAICS

Restaurants and Other Eating Places (72251), Hotels (except Casino Hotels) and Motels (72111), Traveler Accommodation (7211)

SIC

Retail-Eating & Drinking Places (5810), Hotels & Motels (7011)

akta.pro primary industry

Fine Dining Restaurants (THAFACAA)

akta.pro secondary industries

Chef’s Table & Tasting Menu Restaurants (THAFACAG), Hotel & Resort Restaurants (THAFACAH), Hotel & Resort Banqueting / In-House Catering (THAFAIAD)

Keywords

• Boutique hotel management
• Restaurant operations
• Catering services
• Marina services
• Hospitality group

Headquarters

HQ city

Portland

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Restaurant Dining Revenue: Revenue from multiple restaurant operations including Twelve (modern New England cuisine), Douro (Portuguese-inspired coastal dining), Evo Kitchen + Bar (Mediterranean/Middle Eastern), The Good Table (Italian), and Not A Bakery (pastry shop). Customers pay per visit for food and beverages.
2. Catering Services: 58 Culinary provides catering for events of all sizes from intimate gatherings to large-scale celebrations, generating revenue through custom menu catering services for weddings, corporate events, and private parties.
3. Hospitality Accommodations: Revenue from Chebeague Island Inn (boutique hotel with waterfront views) and Maine Harbor Club (luxury house rentals along Maine coastline). Also includes Fore Points Marina with 150 deep-water slips for vessels up to 300 feet.
4. Securities Offering: SEC Form D filing for exempt securities offering with total potential amount of $4 million, $450,000 already sold, minimum investment of $250,000, for a business involved in hospitality and lodging industry.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels6 records

Core offering

Prentice Hospitality Group operates a diversified portfolio of hospitality businesses in the Northeast, primarily Maine, including chef-driven restaurants (Twelve, Douro, Evo Kitchen + Bar, The Good Table, Not A Bakery, Bard Coffee), a seasonal boutique hotel (Chebeague Island Inn), a catering company (58 Culinary), luxury coastal house rentals (Maine Harbor Club), and a 150-slip waterfront marina (Fore Points Marina). The group sells dine-in experiences, curated wine dinners and tasting events, overnight accommodations, event catering, marina slip rentals, and luxury vacation rentals directly to consumers.

Product overview

Prentice Hospitality Group (PHG) is a hospitality management company operating a diverse portfolio of restaurant, hotel, catering, and marina businesses in the Northeast, particularly in Maine. Founded in 2010 by Casey Prentice, the company manages multiple chef-driven restaurant concepts (Twelve, Douro, Evo Kitchen + Bar, The Good Table, Not A Bakery, Bard Coffee), a boutique hotel (Chebeague Island Inn), catering services (58 Culinary), luxury vacation rentals (Maine Harbor Club), a waterfront marina (Fore Points Marina), and a food truck program at Portland Foreside. The portfolio emphasizes locally-sourced ingredients, distinctive culinary concepts, and hospitality experiences across the hospitality and lodging industry.

Differentiator

Problem solved

Functional benefit

Products and services

• Twelve An internationally renowned fine dining restaurant in Portland Foreside offering inventive modern New England cuisine with seasonal menus, curated wines, and handcrafted cocktails for diners seeking elevated hospitality experiences.
• Douro A coastal dining restaurant in Portland's historic waterfront featuring Portuguese-inspired flavors with seafood, seasonal produce, and wood-fired cooking alongside cocktails and curated wines.
• Evo Kitchen + Bar A Mediterranean and Middle Eastern dining destination featuring innovative locally-sourced ingredients, bold traditional flavors with modern techniques, and an open social setting with views of the culinary team.
• The Good Table A beloved neighborhood restaurant in Cape Elizabeth embracing a fresh Italian direction with seasonal ingredients, house-made pastas, and vibrant antipasti.
• Bard Coffee A Portland coffee staple known for exceptional sourcing, meticulous roasting, and high-quality coffee served in a warm, inviting Old Port space.
• Not A Bakery A creative pastry and provisions shop combining classic techniques with modern ideas to create pastries, breads, and signature treats with quality ingredients.
• Chebeague Island Inn A charming seasonal boutique hotel on Chebeague Island in Casco Bay offering waterfront views, luxurious accommodations, fine dining, and activities such as biking, hiking, and sailing.
• 58 Culinary A distinguished catering company specializing in creating exceptional culinary experiences for events of all sizes with fresh, locally-sourced ingredients and impeccable presentation, serving weddings, corporate events, and private parties.
• Maine Harbor Club A premier provider of luxury house rentals along Maine's coastline offering high-end accommodations with premium amenities, breathtaking views, and personalized service for family getaways, romantic retreats, and group vacations.
• Fore Points Marina A premier waterfront marina in Portland with 150 deep-water slips accommodating vessels up to 300 feet, featuring high-speed fueling, private showers, laundry, and a captain's lounge.
• Portland Foreside Food Truck Program

Quantifiable outcome

• 10 distinct hospitality concepts operated under single parent company
• +1 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Proper Hospitality: Lifestyle hotel and residential brand (Proper San Francisco, Santa Monica) with strong culinary programming. Comparable concept mix of boutique lodging and chef-driven restaurant experiences, but operating in major urban markets at larger scale.
• Kimpton Hotels & Restaurants: National boutique hotel brand inside IHG that operates restaurant concepts in many properties. Comparable to PHG's combination of boutique lodging and chef-driven dining, though at vastly larger scale and as a brand-affiliated chain.
• Safe Harbor Marinas: Largest U.S. marina operator with over 130 locations serving recreational boating. Analog to PHG's Fore Points Marina in marina operations and waterfront hospitality, though Safe Harbor operates at vastly greater scale as an industry consolidator.

Direct peers

• Union Square Hospitality Group: Danny Meyer's New York-based multi-concept restaurant and hospitality group (Gramercy Tavern, Union Square Cafe, Maialino). Directly comparable as a chef-driven restaurant collection with sommelier-curated programs and event-driven revenue that targets similar affluent diners, though at much greater scale.
• Lettuce Entertain You Enterprises: Chicago-founded family multi-concept restaurant operator (RPM Steak, Beatrix, Café Ba-Ba-Reeba!) with over 60 venues across multiple brands. Closest analog to PHG's model of operating several distinct chef-driven concepts under a single management umbrella.
• Hogsalt Hospitality: Chicago-based independent restaurant group (Au Cheval, Bavette's, Gilt Bar) operating chef-driven concepts with strong regional identities. Comparable to PHG's chef-driven, regionally clustered multi-concept approach focused on distinctive culinary identity rather than chain-like expansion.
• Lark Hotels: New England boutique hotel collection operating roughly 25 independent inns and hotels throughout the Northeast. Direct comparable to PHG's Chebeague Island Inn and Maine Harbor Club luxury rentals, sharing the same geographic focus on New England leisure travelers.
• Charlestowne Hotels: Independent hotel management company operating boutique and lifestyle properties in leisure destinations (Charleston, Savannah, Key West). Comparable to PHG's boutique lodging arm with similar independent, design-forward positioning in destination markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries10 records

Funding overview

Funding rounds1 record

Investors

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

M&A

Investments

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

Frequently asked questions about Prentice Hospitality Group