Graves Hospitality
Graves Hospitality is a family-owned hospitality firm founded in 1975 that develops and manages 25+ hotels and restaurants across the U.S. Under franchise agreements with Marriott, Hilton, IHG, and other major brands, it serves property owners and investors with integrated development, management, and food and beverage services.
- Company typePrivate
- Founded1975
- HeadquartersMinneapolis, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Graves Hospitality does
Graves Hospitality is a family-owned hospitality development and management firm founded in 1975 and headquartered in Minneapolis, Minnesota. The company develops, owns, and manages hotels, restaurants, and residential and commercial properties across the United States, operating under franchise agreements with major hotel brand corporations including Marriott International, Hilton Worldwide, InterContinental Hotels Group (IHG), Starwood Hotels & Resorts, Wyndham Worldwide, Best Western, Carlson Rezidor, and World Hotels. Its current operating portfolio spans more than 25 hotels and restaurants supported by over 1,000 team members, with a cumulative track record of developing and managing more than 100 properties and several projects currently under development. Geographically, operations extend across Minnesota, Oregon, California, New York, Michigan, Wisconsin, Florida, and Illinois, with signature properties such as the InterContinental Minneapolis-St. Paul Airport (291 rooms), multiple Marriott Moxy locations, Graves 601 in downtown Minneapolis, Hotel Williamsburg in Brooklyn, and the DoubleTree Harbourwalk in Racine, Wisconsin.
The company's core services are organized around four lines: hotel development (site identification, financial structuring, design oversight, and construction management for lifestyle-focused select-service and full-service properties), hotel management (operations, marketing, revenue management, accounting, and human resources for branded and independent hotels), food and beverage operations (concepting, design, build-out, and management of restaurants, bars, and event spaces such as LaVoya Brasserie and Bradstreet Craftshouse), and residential and commercial property management (notably the Peris Hill affordable housing community in Minneapolis). Revenue mechanics include management fees on hotel and restaurant assets, development fees and project-level returns for investors, and direct F&B sales from operated venues. The go-to-market model is enterprise-oriented: direct B2B development and management contracts with property owners and investors, executed under franchise/channel relationships with the major hotel brand corporations. Underlying technology is industry-standard rather than proprietary—operations rely on established property management systems (Opera, Delphi.fdc) and point-of-sale platforms (OpenTable, Micros)—with no public API or differentiated technology stack identified.
The business is privately held with no external investors, parent company, or public listing. Marketing is largely indirect, driven by earned media through third-party recognitions (Condé Nast Traveler, Fodor's, AAA, U.S. News & World Report, Elle UK, Michelin) and franchise brand affiliations, supplemented by an organic social presence and a careers portal for talent acquisition. The company also operates the "Graves Gives Back" social impact program, anchored by "The Giving Room" initiative, under which the cost of an overnight stay is donated to a local homeless shelter for each booking.
Graves Hospitality firmographics
Firmographics- Name
- Graves Hospitality
- Legal name
- Graves Hospitality
- Website
- https://graveshospitality.com
- Company type
- Private
- Founded year
- 1975
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Graves Hospitality is a family-owned hospitality firm founded in 1975 that develops and manages 25+ hotels and restaurants across the U.S. Under franchise agreements with Marriott, Hilton, IHG, and other major brands, it serves property owners and investors with integrated development, management, and food and beverage services.
- Ownership category
- akta.pro rank
Where Graves Hospitality is headquartered
LocationHeadquarters
- HQ city
- Minneapolis
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Graves Hospitality business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales
Revenue model
- Hotel Management Services: Management fees from operating hotels and restaurants for property owners and investors
- Hotel Development: Ground-up development of hotels and restaurants from concept to completion, generating development fees and returns for investors
- Food & Beverage Operations: Revenue from restaurant and bar operations within managed hotel properties
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Graves Hospitality product offering
Product offeringCore offering
Graves Hospitality develops and manages hotels, restaurants, and residential/commercial properties on behalf of property owners, investors, and major hotel brand franchisors. Its core offerings span ground-up hotel and restaurant development (site selection, financial structuring, design oversight, construction) and full operational management (marketing, accounting, revenue management, HR, F&B) for branded properties under Marriott, Hilton, IHG, Starwood, Wyndham, Best Western and others, plus independently operated boutique hotels and award-winning restaurants.
Product overview
Graves Hospitality is a family-owned hospitality management company offering integrated hotel and restaurant development and management services. The company operates a portfolio of managed hotel properties under major brand affiliations (Marriott, Hilton, InterContinental Hotels), independently operated boutique hotels (Graves 601), award-winning restaurants (LaVoya Brasserie, Bradstreet Craftshouse), and residential/commercial properties (Peris Hill). Their services span hotel development, hotel management, food & beverage operations, and residential/commercial property management. The company manages more than 25 hotels and restaurants across the United States, with branded properties including Marriott Moxy Hotels, InterContinental Hotels & Resorts, and DoubleTree by Hilton.
Differentiator
Problem solved
Functional benefit
Products and services
- Hotel Development End-to-end hotel property development services including site identification, financial structuring, design oversight, and construction management for lifestyle-focused select-service and full-service luxury properties. Service is for hotel property owners and investors.
- Hotel Management Operational management services for hotels achieving high guest satisfaction ratings and brand recognition, including marketing, accounting, revenue management, and human resources. Service is for hotel property owners and brand franchisors.
- Food & Beverage Operations Restaurant and event space concepting, design, building, and management creating award-winning culinary destinations both free-standing and within hotels. Service is for property owners and developers seeking signature dining and event venues.
- Residential & Commercial Property Management Expert design and quality construction for housing projects with above-market sales performance, plus strategic commercial property management and adept leasing services. Service is for residential and commercial real estate developers and property owners.
Companies that use Graves Hospitality
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles2 records
Graves Hospitality technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Graves Hospitality partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, supporting and minor.
- Marriott InternationalcoreDevelopment and management partner for Marriott-branded properties including Moxy, Residence Inn, Courtyard, and other Marriott brands. Graves Hospitality has received multiple awards from Marriott including Global Design Best Innovator Award and Outstanding Contribution Award.
- Hilton WorldwidecoreFranchise partner for DoubleTree by Hilton properties including Racine Harbourwalk. Manages branded Hilton properties under management agreements.
- InterContinental Hotels Group (IHG)coreManagement partner for InterContinental-branded properties including InterContinental Minneapolis-St. Paul Airport, a flagship 291-room property.
- Starwood Hotels & Resorts WorldwidesupportingDevelopment and management partner for Starwood-branded hotel properties.
- Wyndham WorldwidesupportingDevelopment and management partner for Wyndham-branded hotel properties.
- Best WesternsupportingDevelopment and management partner for Best Western-branded hotel properties.
- Carlson Rezidor Hotel GroupsupportingDevelopment and management partner for Carlson Rezidor-branded properties.
- World HotelssupportingDevelopment and management partner for World Hotels affiliate properties.
- ihoteliersupportingTechnology integration partner for hotel reservation and property management systems.
- Butterball PartyminorFor nearly two decades, Graves Hospitality has partnered with The Butterball Party to create an epic evening of unapologetic enjoyment while raising funds to positively impact the lives of those less fortunate through Graves Gives Back initiative.
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
Graves Hospitality competitors and assessment
Company assessmentDirect peers
- HEI Hotels & Resorts: Norwalk-based owner and operator of upper-upscale and luxury hotels under Marriott, Hilton, IHG, and Hyatt flags. Comparable as a third-party operator with portfolio scale and full-service focus broadly aligned to Graves' full-service segment.
- Sage Hospitality Group: Denver-based hotel owner/operator/developer with lifestyle-focused properties (Sage Hotels, Sage Restaurant Group) under Marriott and Hilton brands. Directly comparable given parallel development, management, and F&B operations model with award-winning restaurant concepts.
- Concord Hospitality Enterprises: Raleigh-based developer and operator of premium-branded hotels under Marriott, Hilton, Hyatt, and IHG. Directly comparable as a balanced developer-operator with a similarly broad franchisor roster and lifestyle positioning.
- White Lodging Services: Family-owned Indiana-based hotel development and third-party management firm operating Marriott, Hilton, and IHG properties. Closest comparable peer to Graves — similar multi-generational family ownership, similar branded-hotel concentration, and nearly identical development-plus-management model.
- Pyramid Hotels Group: Boston-based hotel management company focused on full-service and lifestyle properties under major brands. Comparable third-party operator scale and brand mix closely tracks Graves' franchise roster.
- Driftwood Hospitality Management: Virginia-based third-party hotel management platform operating full-service and select-service properties under major brands. Comparable third-party manager operating in similar segments and brand franchises.
- Remington Hospitality: Dallas-based hotel management and development company operating premium-branded properties. Comparable third-party operator with similar franchise brand mix and parallel development-plus-management service offering.
- Stonebridge Companies: Denver-based owner, developer, and manager of hotels under Marriott, Hilton, Hyatt, and IHG flags. Comparable developer-operator model operating a comparable scale of premium-branded lifestyle and full-service assets.
Broad incumbents
- Highgate Hotels: National hospitality management, investment, and development platform with a sizable portfolio of branded and lifestyle hotels across the U.S. Larger incumbent competing for similar upscale/lifestyle management contracts.
- Aimbridge Hospitality: Largest third-party hotel management company in North America, operating premium-branded and independent properties across every major chain franchise. Significantly larger and broader incumbent that benchmarks the ceiling of Graavess segment and competes for the same institutional and franchisor mandates.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Graves Hospitality social profiles
Digital presenceGraves Hospitality financial estimates
Financial estimateRevenue estimate
Valuation estimate
Graves Hospitality leadership team
Management profileNumber of profiles
Graves Hospitality funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Graves Hospitality M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Graves Hospitality
What does Graves Hospitality do?
Graves Hospitality develops and manages hotels, restaurants, and residential/commercial properties on behalf of property owners, investors, and major hotel brand franchisors. Its core offerings span ground-up hotel and restaurant development (site selection, financial structuring, design oversight, construction) and full operational management (marketing, accounting, revenue management, HR, F&B) for branded properties under Marriott, Hilton, IHG, Starwood, Wyndham, Best Western and others, plus independently operated boutique hotels and award-winning restaurants.
Is Graves Hospitality a public or private company?
Graves Hospitality is a private company. It is classified as family owned and is currently operating.
When was Graves Hospitality founded?
Graves Hospitality was founded in 1975. It employs 1,001 to 5,000 people.
Where is Graves Hospitality based?
Graves Hospitality is headquartered in Minneapolis, United States, in the North America region.
How does Graves Hospitality make money?
Three revenue lines are on record. Hotel Management Services are the primary driver. The others are hotel Development and food & Beverage Operations.
Who are Graves Hospitality's main competitors?
Direct peers on record are HEI Hotels & Resorts, Sage Hospitality Group, Concord Hospitality Enterprises, White Lodging Services, Pyramid Hotels Group, Driftwood Hospitality Management, Remington Hospitality and Stonebridge Companies. Broad incumbents are Highgate Hotels and Aimbridge Hospitality.
Does Graves Hospitality have an API?
No public API is recorded for Graves Hospitality.