Mission Hill Hospitality

What Mission Hill Hospitality does

Mission Hill Hospitality is a Denver-based real estate private equity firm founded in 2021 that invests in select-service and extended-stay hotels across the United States under a value-add strategy. The firm operates as "A KSL Company," having been launched in partnership with KSL Capital Partners, a global hospitality, travel, and leisure private equity platform, and serves institutional investors and capital partners deploying equity into hotel acquisitions, development, and asset management. As of the available data, the portfolio comprises more than 30 hotels across 16+ U.S. states, franchised under major brand families including Marriott (AC Hotels, Courtyard, Fairfield Inn & Suites, Residence Inn, SpringHill Suites, Element, Aloft), Hilton (Hampton Inn & Suites, Home2 Suites, Tru by Hilton, Hilton Garden Inn, Homewood Suites), Hyatt House, IHG's Holiday Inn, and Wyndham's La Quinta, with a small number of independent assets.

The firm generates revenue through asset management fees, acquisitions and dispositions, development oversight, and capital markets advisory work for its hotel portfolio. A portion of the portfolio's operations are outsourced to Peregrine Hospitality, a third-party management partner, enabling Mission Hill to maintain a lean in-house team of 11-50 employees. Its leadership — including CEO Greg Kennealey (former KSL Head of Hospitality), CFO Tom Barber (former Global CDO of Wyndham), and Managing Director Mark Fraioli (former JLL Hotels & Hospitality Group) — reflects a senior team recruited from the top of the lodging investment and franchising industry.

The underlying technology stack is conventional for a discretionary real estate investment manager: there is no proprietary software platform, no public API, and no disclosed AI/ML or data product. Revenue mechanics, brand relationships, deal sourcing, and operational execution are the principal value drivers, with the KSL sponsorship providing reputational and capital advantages in a fragmented competitive set of select-service hotel investors.

Name

Mission Hill Hospitality

Legal name

Mission Hill Hospitality

Website

https://missionhill.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Mission Hill Hospitality is a Denver-based, KSL Capital Partners-backed private equity firm investing in select-service and extended-stay hotels across the United States under a value-add strategy, managing 30+ properties for institutional capital partners.

Ownership category

akta.pro rank

Product category

Hotel Investment & Asset Management

NAICS

Hotels (except Casino Hotels) and Motels (72111), Traveler Accommodation (7211), Accommodation (721)

SIC

Hotels & Motels (7011), Real Estate Agents & Managers (For Others) (6531), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)

akta.pro secondary industries

Hospitality (Hotel) Property Management (BPAJAGAG), Ski & Mountain Full-Service Hotels (THAGAAAJ)

Keywords

• Hotel investment management
• Hospitality asset management
• Select service hotels
• Extended stay hotels
• Real estate private equity

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Hotel Investment and Asset Management: The company generates revenue through investment in select service and extended stay hotels, asset management of hotel portfolios, acquisitions, development, and capital markets activities. Revenue is derived from managing hotel investments on behalf of institutional investors and capital partners, with a focus on value-add returns.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Mission Hill Hospitality is a hotel investment and asset management firm that acquires, develops, and manages select service and extended stay hotels on behalf of institutional investors and capital partners. The company executes a value-add investment strategy across a portfolio of 30+ branded properties spanning Marriott, Hilton, Hyatt, IHG, and Wyndham family brands across multiple U.S. markets. Core competencies include acquisitions, asset management, operations oversight (in-house and via operating partner Peregrine Hospitality), development, and capital markets execution.

Product overview

Mission Hill Hospitality is a hotel investment company that does not offer a traditional SaaS product or technology platform. The company's 'products and services' consist of its hotel investment portfolio and management services. Mission Hill builds a high-quality portfolio of select service and extended stay hotels diversified by location, brand, and demand drivers. The portfolio includes 30+ branded properties across major hospitality franchises including Marriott brands (AC Hotels, Courtyard, Fairfield Inn & Suites, Residence Inn, SpringHill Suites, Element, Aloft), Hilton brands (Hampton Inn & Suites, Home2 Suites, Tru by Hilton, Hilton Garden Inn, Homewood Suites, Killington Mountain Lodge), Hyatt House, IHG's Holiday Inn, and Wyndham's La Quinta. Additionally, some properties operate independently (The Oread Lawrence, Inn of Naples). A portion of the portfolio is managed by Peregrine Hospitality under third-party management arrangements. The company provides integrated investment services spanning acquisitions, asset management, operations, and capital markets, supported by a team with deep lodging experience.

Differentiator

Problem solved

Functional benefit

Products and services

• Hotel Investment & Asset Management Services Core investment services offered to institutional investors and capital partners, spanning hotel acquisitions, asset management, operations oversight, development, and capital markets execution focused exclusively on select service and extended stay hotels in the United States.
• Third-Party Hotel Operations Management (via Peregrine Hospitality) Property-level hotel operations and management services for a portion of Mission Hill's portfolio, delivered through affiliated operating partner Peregrine Hospitality.

Named customers3 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Peregrine HospitalitycoreStrategic or Co-development PartnerA portion of Mission Hill's portfolio is managed by Peregrine Hospitality. Peregrine manages hotel operations for select properties in the portfolio, providing operational expertise and management services.

Scale indicators2 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Apple Hospitality REIT: Public lodging REIT focused on select service and extended stay hotels across the Marriott and Hilton brand families. Mission Hill's SMD of Acquisitions, Mike Wilbert, was previously VP of Acquisitions & Dispositions at Apple Hospitality, making them a directly comparable business model.
• Hersha Hospitality Trust: Hospitality REIT investing in select service, lifestyle, and urban hotels, with prior revenue management talent overlap to Mission Hill (e.g., former Regional Director of Revenue Management at Hersha now at Mission Hill). Comparable focus on institutional hotel ownership.
• Driftwood Capital: Private hospitality investment firm targeting select service and full-service hotels with a value-add strategy. Mission Hill's Sam Makani was previously VP of Asset Management at Driftwood, indicating directly comparable operating model and strategy.
• Sunstone Hotel Investors: Public lodging REIT focused on long-term ownership of upper upscale and select service hotels under major brands. Comparable institutional approach to branded hotel ownership and active asset management.
• HEI Hotels & Resorts: Private owner/operator of premium-branded and boutique hotels across the US. Comparable operating model combining ownership, asset management, and third-party management; Mike Wilbert worked at HEI before joining Mission Hill.
• Ashford Hospitality Trust: Public lodging REIT investing in full-service and select service hotels across major US markets. Mission Hill team member Sam Makani previously worked at Ashford REIT, indicating comparable underwriting and asset management practices.
• Tishman Hotels & Resorts: Owner, operator, and developer of hospitality properties in primary US markets. Mission Hill's Mike Wilbert was previously a Senior Vice President at Tishman, suggesting comparable institutional hotel operating expertise.
• Xenia Hotels & Resorts: Public lodging REIT focused on upscale and upper upscale hotels under major brands such as Marriott, Hilton, and Hyatt. Comparable brand-affiliated institutional ownership model with active asset management.

Broad incumbents

• Pebblebrook Hotel Trust: Public lodging REIT with a diversified portfolio of upscale and independent hotels across major US markets. Comparable institutional ownership model, but broader asset mix including resort and luxury urban properties.
• Park Hotels & Resorts: One of the largest publicly traded lodging REITs, spun off from Hilton Worldwide in 2017. Operates a portfolio of premium-branded hotels and resorts; comparable to Mission Hill in institutional scale, though tilted toward larger full-service and resort assets.

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mission-hill-hospitality/about

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors2 records

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 Mission Hill Hospitality