Peregrine Hospitality

What Peregrine Hospitality does

Peregrine Hospitality, Inc. is a Denver-based (320 Fillmore St, Suite 400) hotel and resort owner-operator that functions as the directly-operated arm of private equity sponsor KSL Capital Partners. Founded in 1992, the company manages and asset-manages a portfolio of 57-64 hotels and resorts valued at approximately $2.5 billion — all of which are owned by KSL or its affiliates — across approximately 40 US and international destinations. The portfolio spans select-service hotels through luxury destination resorts, including Silverado Resort (Napa Valley), Fairmont Grand Del Mar (San Diego), Sheraton San Diego Resort, Vespera Resort on Pismo Beach (Autograph Collection), Camelback Resort (Poconos), Paso Robles Inn, Avila Lighthouse Suites, The Tess (Atlanta), and most recently the March 2026 additions of The Lodge at Tiburon and Toll House Hotel Los Gatos.

The company offers integrated hotel management, asset management, meetings and event coordination, destination weddings, leisure sales, and gift card services (issued through Givex Corporation) across the portfolio. Distribution combines a dedicated in-house Global Sales team with regional directors for corporate group bookings, direct-to-consumer property websites, an online Request for Proposal system, and integrations with major GDS platforms (Amadeus, Galileo/Apollo, Sabre, WorldSpan) and brand affiliations including Marriott's Autograph Collection and Sheraton flags. Technology investments disclosed include AI-powered call centers processing approximately 4,000 calls and reported to have driven nearly a 20% customer satisfaction uplift, along with standard analytics infrastructure (Google Analytics, Adobe Analytics).

The business model is asset-heavy owner-operation: revenue is generated from operational performance of owned properties and management/asset-management fees on KSL-owned assets, supplemented by ancillary revenue across food and beverage outlets, spa, retail, and event services. Peregrine competes against franchised major brands (Marriott, Hyatt, Accor) that have moved toward fee-light structures; leadership explicitly cites asset ownership, talent development, and disciplined branding/ancillary revenue as the differentiators rather than patented IP. Customers include luxury leisure travelers, corporate groups, and wedding/family event clients concentrated in premium drive-to-leisure US geographies. CEO Greg Kennealey has led the company since 2024 and concurrently heads Mission Hill Hospitality; additional C-suite hires in 2024-2026 (COO Heather Stege, CCO Kristen Richter, CFO Stacy Galligan, CLO Catherine Hance, CPO Karen DiFulgo) reflect ongoing organizational scaling.

Name

Peregrine Hospitality

Legal name

Peregrine Hospitality, Inc.

Website

https://peregrinehg.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Peregrine Hospitality is the owner-operator hospitality arm of KSL Capital Partners, managing and asset-managing 57-64 hotels and resorts valued at $2.5 billion across 40 US and international destinations, serving luxury leisure, corporate group, and wedding travelers.

Ownership category

akta.pro rank

Product category

Hotel & Resort Management Services

NAICS

Traveler Accommodation (7211), Management of Companies and Enterprises (55111)

SIC

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

akta.pro primary industry

Hospitality (Hotel) Property Management (BPAJAGAG)

akta.pro secondary industries

Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE), Resort-Area Full-Service Hotels (Non–All-Inclusive) (THAGAAAD)

Keywords

• Hospitality management
• Resort operations
• Hotel asset management
• Meetings and events
• Destination weddings

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Hotel Management and Asset Management: Peregrine Hospitality operates as the owner-operator arm of KSL Capital Partners, managing and asset-managing hotels. All hotels in the portfolio are owned by KSL or its affiliates. Revenue comes from management fees and operational performance of owned properties.
2. Ancillary Revenue: The company generates ancillary revenue through food and beverage outlets, spa services, retail operations, and meeting/event services across their portfolio of properties.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Peregrine Hospitality is an owner-operator hotel and resort management company that manages and asset-manages a portfolio of 57 to 64 hotels and resorts valued at $2.5 billion, all owned by its parent private equity firm KSL Capital Partners. The company delivers full-service hospitality operations including hotel management, asset management, sales, marketing, food and beverage, spa, retail, and meetings and events services across select-service to luxury destination resort properties in the United States. Ancillary revenue is generated through F&B outlets, spa services, retail operations, and event services across the portfolio.

Product overview

Peregrine Hospitality operates as a hotel and resort management company functioning as the owner-operator arm of private-equity firm KSL Capital Partners. The company manages and asset-manages a portfolio of hotels and resorts, all owned by KSL or its affiliates. The portfolio includes 57-64 hotels and resorts valued at $2.5 billion, ranging from select service properties to luxury destination resorts. Key properties include Silverado Resort in Napa Valley, Fairmont Grand Del Mar in San Diego, Sheraton San Diego Resort, Vespera Resort on Pismo Beach, Camelback Resort in the Poconos, and recently acquired The Lodge at Tiburon and Toll House Hotel in Northern California. The company offers integrated services including hotel management, meetings and events coordination, wedding planning, leisure sales, and a gift card program. The portfolio spans destination resorts, full-service hotels, boutique properties, and select service hotels across the United States.

Differentiator

Problem solved

Functional benefit

Products and services

• Hotel & Resort Management Services Core owner-operator hotel and resort management service that manages and asset-manages hotels and resorts owned by KSL Capital Partners, delivering operations, sales, marketing, food and beverage, spa, retail, and asset management across select-service to luxury destination resort properties.
• Meetings & Events Services Corporate meeting and event planning service providing meeting coordination and event space management across the Peregrine portfolio, supported by a dedicated sales team for corporate group bookings.
• Wedding Services Destination wedding planning and coordination service delivering wedding venues, catering, and guest accommodation packages across resort properties in the Peregrine portfolio.
• Leisure Sales Services Leisure travel sales and booking service for individual travelers and groups, covering romantic getaways, family adventures, and other vacation packages at portfolio properties.
• Gift Card Program Gift card program issued by Givex Corporation for use at participating Peregrine Hospitality resort properties, available in denominations between $10 and $10,000 with no expiration or maintenance fees.
• AI-Powered Call Center Service AI-powered call center automation deployed across guest service operations, processing reservations, inquiries, and guest service calls with approximately 4,000 calls handled and a nearly 20% reported increase in customer satisfaction.

Quantifiable outcome

• AI call centers handle 4,000 calls with nearly 20% increase in customer satisfaction
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability3 records

Feature1 record

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• HEI Hotels & Resorts: Owner-operator of upper-upscale and luxury hotels affiliated with Marriott, Hyatt, IHG, and others; the company where Peregrine's Head of Acquisitions (Mike Wilbert) began his career. Strongly comparable asset-heavy operating model with similar brand-mix and institutional capital backing.
• Tishman Hotels: Hotel owner/operator focused on luxury and lifestyle properties; Peregrine's Head of Acquisitions previously served as SVP here. Comparable asset-heavy model and luxury/resort segment concentration, especially in gateway US markets.
• Davidson Hospitality Group: Third-party operator of upscale and luxury hotels, resorts, and conference centers; CEO Greg Kennealey previously served on its board. Comparable asset-light management focus with overlapping luxury/resort segment and corporate group demand profile.
• Aimbridge Hospitality: Largest third-party hotel management company in North America, operating full-service, resort, and convention properties on behalf of institutional owners. Highly comparable to Peregrine's owner-operator model at scale, with overlapping customer base (institutional/PE owners) and similar revenue mix of management fees plus operated P&L exposure.
• Highgate Hotels: Private hotel management, investment, and development firm operating luxury, lifestyle, and resort properties across the US, with significant investment activity alongside operators. Directly comparable to Peregrine's hybrid ownership/management approach and luxury-resort portfolio focus.
• Sage Hospitality Group: Denver-based hotel owner/operator and management company with luxury and lifestyle properties across the US. Strongly comparable as a similarly scaled, similarly geography-skewed private operator with shared talent pool and overlapping customer base in Western US drive-to-leisure markets.

Regional players

• Apple Hospitality REIT: US REIT owning upscale, select-service, and extended-stay hotels — Mike Wilbert worked in Acquisitions & Dispositions here. Less directly competitive on operations (REIT owner, not operator) but highly relevant given shared institutional hospitality real estate focus and similar sponsor-driven dynamics.

Broad incumbents

• Marriott International: Largest global hotel company operating brands including Sheraton and Autograph Collection, both of which Peregrine's portfolio properties are flagged under (e.g., Sheraton San Diego, Vespera, The Tess). Serves as the dominant franchise incumbent in the same luxury and upper-upscale segments Peregrine targets.
• Hyatt Hotels Corporation: Global lodging company with significant luxury and resort presence (Park Hyatt, Andaz, Alila). Broad incumbent competing in the same luxury/resort segment via franchise and management contracts — explicitly cited by Peregrine's CEO as a foil contrasting its asset-heavy owner-operator approach.

Emerging players

• Outrigger Hotels & Resorts: Hospitality brand and operator with resort focus in Hawaii, Asia-Pacific, and Indian Ocean; Greg Kennealey previously on its board. Partial overlap with Peregrine's resort portfolio (notably the Hawaii assets) and luxury/resort positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/peregrinehospitalitygroup

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 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 Peregrine Hospitality