What Dovetail + Co does

Dovetail + Co is a privately held owner, developer, and operator of experiential hospitality properties headquartered in New York City. Founded in 2018 by Phil Hospod, the company acquires and repositions underperforming or historic hotel assets, rebranding them under its portfolio of experiential brands including Wayfinder Hotels (Newport RI, Waikiki HI, Bishop CA), Cambridge Beaches Resort & Spa (Bermuda), Urban Cowboy Lodge (Catskills, NY — joint venture), Collective Retreats (Governors Island, NY), and Now Now NoHo (NYC). The portfolio spans luxury resorts, boutique hotels, glamping retreats, and a 2025-launched sleeper cabin hostel, collectively representing approximately 835 keys across five US states and Bermuda.

The company operates a vertically integrated multi-disciplinary model spanning investment, development, design, branding, operations, and asset management. Revenue is generated primarily through hotel operations — room rentals, food and beverage, spa services, and ancillary activities — across owned and JV-held properties. Distribution occurs through direct booking via individual property websites and through OTA partnerships and travel agent channels. Leadership combines real estate and hospitality expertise drawn from Sydell Group and Ennismore, and the team has executed over 40 transactions representing $1.6B in value and led development of 17 hotels and 25 restaurants.

The company is privately held with no disclosed institutional or PE backing, no public funding rounds, and no proprietary technology platform. Customer concentration is low given the consumer-direct hospitality model. Properties have earned recurring editorial recognition across Condé Nast Traveler, Travel + Leisure, Fodors, Architectural Digest, Dezeen, and other major travel and design publications, with Wayfinder receiving consecutive Condé Nast Reader's Choice Awards in 2024 and 2025. No AI/ML capabilities are disclosed in the current business model.

Name

Dovetail + Co

Legal name

Dovetail + Co

Website

https://dovetailandco.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Dovetail + Co is a privately held owner, developer, and operator of experiential hospitality properties across the US and Bermuda. Founded in 2018, it operates a portfolio of ~835 keys spanning the Wayfinder boutique hotel brand, Cambridge Beaches resort, Collective Retreats glamping, and the Now Now NoHo sleeper cabin concept.

Ownership category

akta.pro rank

Product category

Boutique Hospitality & Hotel Real Estate Development

SIC

Hotels & Motels (7011)

akta.pro primary industry

Birding & Wildlife Observation Lodges (THAGAIAK)

Keywords

• Experiential hospitality
• Boutique hotel management
• Hotel real estate development
• Hospitality asset repositioning
• Lifestyle hotel brands

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Hotel Operations: Revenue generated from room rentals, food and beverage operations (restaurants, bars, poolside service), spa services, and water sports activities across owned properties including Wayfinder brand hotels, Cambridge Beaches resort, Urban Cowboy Lodge, Collective Retreats, and Now Now NoHo.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Dovetail + Co is an owner, developer, and operator of experiential hospitality real estate. The company acquires, redevelops, brands, and operates boutique hotels, resorts, and glamping properties under multiple brands including Wayfinder, Cambridge Beaches, Urban Cowboy Lodge, Collective Retreats, and Now Now NoHo. Revenue is generated through room rentals, food and beverage operations, spa services, and water sports activities across its property portfolio.

Product overview

Dovetail + Co is an owner, developer, and operator of experiential real estate and hospitality properties. The company operates a portfolio of boutique hotel brands and properties, including the Wayfinder Hotels brand (Newport, Waikiki, Bishop), Cambridge Beaches Resort & Spa in Bermuda, Urban Cowboy Lodge in the Catskills, Collective Retreats glamping on Governors Island, and Now Now NoHo boutique hostel in NYC. The portfolio emphasizes experiential hospitality with local collaborations, distinctive design, and immersive guest experiences across diverse destinations.

Differentiator

Problem solved

Functional benefit

Brands

• Wayfinder: Boutique hotel brand with locations in Newport RI, Waikiki HI, and Bishop CA
• Collective Retreats
• Now Now NoHo
• Urban Cowboy Lodge

Products and services

• Wayfinder Hotels Brand Dovetail's boutique hotel brand featuring experiential hospitality across multiple locations (Newport RI, Waikiki HI, Bishop CA), each property reflecting local culture and community with curated design, dining, and programming.
• Wayfinder Newport A coastal hideaway in Newport, RI, redeveloped from the former Mainstay Hotel. Features Little Clam farm-to-table restaurant, Café, and The Poolshack, with local collaborations with artists, culinary talent, and RI-made furniture and amenities.
• Wayfinder Waikiki A 228-room hotel in Waikiki featuring Brutalist architecture blended with tropical touches, designed with The Vanguard Theory, including B-Side coffee shop, Lost + Found speakeasy, and Redfish Waikiki restaurant.
• Wayfinder Bishop An 87-room hotel in Bishop, California acquired as the Creekside Inn and reopened Memorial Day Weekend 2024, featuring Whistling Trout breakfast restaurant, Creekside Club, outdoor heated pool, hot-tub, and riverfront seating with fire pits near the Sierra Nevada.
• Cambridge Beaches Resort & Spa An 86-suite historic resort in Sandys, Bermuda established in 1923, situated on a 23-acre private peninsula with four private beaches, two coves, infinity-edge pool overlooking Mangrove Bay, full-service spa, and multiple restaurants and bars accessible by land or water.
• Urban Cowboy Lodge A 28-room Catskills lodge in Big Indian, NY, acquired in partnership with Urban Cowboy, formerly the Alpine Inn (family-owned since 1936), redesigned by Lyon Porter with bold patterns and Americana antiques offering wilderness-focused hospitality celebrating the natural environment.
• Collective Retreats Governors Island A glamping experience on Governors Island, NY, featuring 29 upscale tents and private suites with skyline views and harbor breezes. Six-acre retreat offering seasonal dining at Three Peaks Lodge, sunset cocktails, fireside experiences, and private events for up to 250 guests.
• Now Now NoHo A boutique hostel experience on Bowery in NYC's NoHo district featuring 180 sleeper cabins inspired by European train cars and Japanese capsule hotels, designed by Islyn Studio with shared lockable bathrooms, dedicated Women+ floor, luxurious linens, and Grown Alchemist bath products.

Segments3 records

Ideal customer profiles3 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.

• Urban CowboycoreStrategic or Co-development PartnerDovetail + Co and Urban Cowboy partnered to acquire, renovate, and operate the former Alpine Inn in Big Indian, New York, converting it into the award-winning Urban Cowboy Lodge. The partnership combines Dovetail's experience in large-scale lifestyle hotel development with Urban Cowboy's expertise in intimate hospitality and design. Lyon Porter of Urban Cowboy designed all rooms and common spaces.

Scale indicators3 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Sydell Group: Owner/developer/operator of lifestyle hotels (NoMad, Line, Freehand, Moxy). Most directly comparable — Dovetail's founder Phil Hospod was previously SVP at Sydell and the model (acquire-reposition-operate lifestyle hotels) is the same playbook.
• Proper Hospitality: Developer-operator of design-forward boutique hotels (Santa Monica, Austin, San Francisco). Comparable acquisition-reposition-experience strategy aimed at experiential travelers.
• Ace Hotel Group: Operator of design-led boutique hotels targeting creative-class and experiential travelers. Overlaps strongly with Wayfinder's positioning and is at a similar stage of multi-city brand expansion.
• Ennismore: Lifestyle hospitality operator spanning The Hoxton, Mondrian, 25hours, and SO/. Dovetail's CDO James Kot was previously VP Development North America at Ennismore; comparable developer-operator model in the boutique lifestyle segment.
• The Standard Hotels (Standard International): Boutique lifestyle hotel brand with edgy design-led positioning across NYC, LA, Miami, London. Comparable as a private/mid-stage developer-operator of experiential properties.
• Urban Cowboy Brands: Dovetail's JV partner on Urban Cowboy Lodge; comparable as an experiential hospitality brand targeting unique, design-forward lodging in destination markets.
• Collective Retreats (legacy): Original glamping brand whose Governors Island property Dovetail now operates; comparable upscale outdoor hospitality targeting experiential travelers.

Emerging players

• 1 Hotels: Luxury lifestyle hotel brand from SH Hotels (now part of Starwood/Hilton) emphasizing nature-inspired experiential design; overlaps with Cambridge Beaches and Collective Retreats positioning.
• Graduate Hotels (now part of Hilton): Collection of boutique hotels in college towns with storytelling-driven design; comparable as a destination-focused boutique brand that scaled via acquisition before strategic exit.

Broad incumbents

• Marriott International: Largest global hotel operator whose lifestyle brands (W, Edition, Autograph, Tribute Portfolio) target overlapping experiential-travel demand, while representing a potential acquirer or scale benchmark.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/dovetail-co
• Instagraminstagram.com/dovetailandco
• Xx.com/dovetailandco

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries7 records

Funding overview

Funding rounds

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 Dovetail + Co