Larkin Hospitality

What Larkin Hospitality does

Larkin Hospitality is a family-owned and operated hotel company headquartered in Burlington, Vermont, founded in 1987 with the opening of the Howard Johnson in South Burlington. The company owns and operates a portfolio of seven hotel properties concentrated in Vermont and upstate New York — spanning select-service, extended-stay, and full-service segments — under franchise agreements with all four major global hospitality brands: Marriott, Hilton, IHG, and Choice Hotels. The portfolio includes Homewood Suites by Hilton Burlington, Fairfield by Marriott Waterbury Stowe, Comfort Inn & Suites South Burlington, Holiday Inn Express South Burlington, Smart Suites Ascend Hotel Collection, and the AC Hotel by Marriott Saratoga Springs (opening summer 2025). A related real estate entity, Larkin Realty, provides in-house development and construction capability for hotel projects and multi-family residences.

Revenue is generated primarily through nightly room rentals under the franchisor reservation systems and OTAs, supplemented by on-site food and beverage (full-service restaurant at AC Hotel, complimentary breakfast programs across most properties), group and event bookings, and ancillary services including parking and fitness amenities. The go-to-market is sales-led at the property level, leveraging the global marketing, loyalty programs, and central reservation systems of its franchisors (Marriott Bonvoy, Hilton Honors, IHG One Rewards, Choice Privileges), with a dedicated group booking inquiry system on the corporate website. Customer segments are predominantly individual leisure travelers, outdoor and ski visitors, group and corporate clients, and extended-stay guests.

Operations are run on industry-standard property management and revenue management systems consistent with the franchisor brand platforms. The technology stack is not a point of differentiation; instead, the company's competitive position is built on long-tenured family ownership, deep regional concentration in the Burlington/Saratoga Springs corridor, an unusually stable internal leadership team, and the ability to develop, own, and operate assets end-to-end through the related Larkin Realty entity.

Name

Larkin Hospitality

Legal name

Larkin Hospitality

Website

https://larkinhospitality.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Short description

Larkin Hospitality is a family-owned, Vermont-based hotel owner-operator managing six (soon seven) select-service, extended-stay, and full-service properties across Vermont and upstate New York under franchise agreements with Marriott, Hilton, IHG, and Choice Hotels. The company serves leisure travelers, group and corporate clients, and extended-stay guests, with development and construction capabilities through related Larkin Realty.

Ownership category

akta.pro rank

Product category

Hotel Operations & Hospitality Services

NAICS

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

SIC

Hotels & Motels (7011)

akta.pro primary industry

Budget Hotel Chains & Franchises (THAGABAM)

akta.pro secondary industries

Resort-Area Full-Service Hotels (Non–All-Inclusive) (THAGAAAD), Resort-Style Extended-Stay Properties (THAGAEAL)

Keywords

• Hotel management services
• Hospitality operations
• Franchised hotel ownership
• Lodging and accommodations
• Hotel property operations

Headquarters

HQ city

Burlington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Hotel Room Revenue: Primary revenue is generated through nightly room rentals across the hotel portfolio. Rooms are sold at brand-standard rates through franchisor reservation systems, OTAs, and direct booking channels. The company operates a mix of select-service and extended-stay properties.
2. Food & Beverage Revenue: Properties generate ancillary F&B revenue through on-site restaurants, lounges, and complimentary breakfast programs. The AC Hotel Saratoga Springs features a full-service restaurant and bar; Homewood Suites offers complimentary hot breakfast and Wednesday evening socials; Holiday Inn Express serves complimentary Express Start breakfast.
3. Group & Event Revenue: Revenue from group bookings, corporate events, and meeting space rental across the portfolio. The company actively pursues group bookings through dedicated inquiry forms on their website.
4. Ancillary Hotel Services: Additional revenue streams include parking fees (including underground parking at AC Hotel Saratoga Springs), pool and fitness center access, and extended-stay kitchenette accommodations.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Larkin Hospitality owns, develops, and operates a portfolio of hotels franchised under leading brands including Marriott, Hilton, IHG, and Choice Hotels across Vermont and upstate New York. Its core product is overnight lodging, complemented by on-site food and beverage, group and event accommodations, extended-stay suites, and ancillary amenities such as pools, fitness centers, and parking. The company performs the full lifecycle of hotel operations including development, construction, daily management, sales, and revenue management.

Product overview

Larkin Hospitality operates a portfolio of six hotel properties across Vermont and New York, affiliated with major hospitality brands including Marriott, Hilton, IHG, and Choice Hotels. The company owns and operates all properties, ranging from select-service to full-service operations including the upcoming AC Hotel Saratoga Springs (opening summer 2025), extended-stay suites (Homewood Suites, Smart Suites), and traditional hotel offerings (Fairfield, Comfort Inn, Holiday Inn Express). Properties are concentrated in the Burlington, Vermont area with expansion into Saratoga Springs, New York.

Differentiator

Problem solved

Functional benefit

Products and services

• AC Hotel by Marriott Saratoga Springs A 120-room hotel in Saratoga Springs, New York blending modern sophistication and European elegance. Features a full-service restaurant and bar with locally sourced dishes and craft cocktails, a European-inspired AC Kitchen breakfast, AC Café, state-of-the-art fitness center, hot tub, cold plunge, and secure underground parking. Targets upscale leisure and business travelers in the Saratoga Springs market.
• Homewood Suites by Hilton Burlington All-suite extended-stay hotel in South Burlington, Vermont offering indoor and outdoor pools, hot tub, fitness center, complimentary hot breakfast, and Wednesday evening socials. Currently undergoing a full renovation through 2025 while remaining open. Targets extended-stay business travelers and families.
• Fairfield by Marriott Waterbury Stowe 84-room hotel in Waterbury, Vermont featuring deluxe kings to fireplace suites. Serves as a base for accessing four ski resorts, hiking trails, and mountain biking within 30 minutes, with Ben & Jerry's Factory nearby. Targets outdoor enthusiasts, ski visitors, and leisure travelers.
• Comfort Inn & Suites South Burlington Hotel in South Burlington, Vermont offering complimentary hot breakfast, free Wi-Fi, outdoor pool, and rooms with kitchenettes. Currently in planning stages of conversion to the Fairfield by Marriott brand. Targets value-oriented leisure and business travelers.
• Holiday Inn Express by IHG South Burlington Modern hotel near downtown Burlington with well-appointed rooms featuring plush bedding, free Wi-Fi, dedicated workspace, complimentary Express Start Breakfast, indoor heated pool, and 24-hour fitness center. Targets business and leisure travelers seeking reliable IHG-brand amenities.
• Smart Suites, Ascend Hotel Collection All-suite extended-stay hotel near Lake Champlain offering spacious accommodations with full kitchens, separate living areas, free Wi-Fi, complimentary breakfast, free parking, and a 24-hour fitness center. Targets extended-stay business travelers, relocating professionals, and long-stay leisure guests.

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered supporting and core.

• HR WorkssupportingImplementation/ SI/ Consulting Partner · 1 April 2025As of April 1, 2025, Larkin Hospitality partnered with HR Works to enhance employee support services. HR Works specializes in benefits and leave administration, providing expert guidance on medical benefits, time away from work, FMLA, and related areas. They act as an extension of the Larkin HR team, working closely with the company to ensure smooth and supportive employee experiences.
• Hello BurlingtonsupportingStrategic or Co-development PartnerHello Burlington is described as the region's unofficial Destination Marketing Organization. The partnership promotes the Burlington area where multiple Larkin Hospitality properties are located, directing visitors to information on where to stay, what to do, and where to eat. The partnership benefits Larkin by driving regional tourism and awareness.
• Marriott InternationalcoreChannel Partner/ Reseller/ DistributorLarkin Hospitality operates multiple properties under Marriott brands, including the AC Hotel Saratoga Springs (opening 2025) and Fairfield by Marriott Waterbury Stowe. Marriott provides the franchise platform including brand standards, CRS, loyalty program (Marriott Bonvoy), and global marketing.
• HiltoncoreChannel Partner/ Reseller/ DistributorLarkin Hospitality operates Homewood Suites by Hilton Burlington under a Hilton franchise. Hilton provides brand standards, central reservation systems, the Hilton Honors loyalty program, and global marketing support.
• InterExchangesupportingStrategic or Co-development PartnerLarkin Hospitality directs J-1 Visa students to apply through InterExchange, the designated cultural exchange program administrator. This ensures compliance with J-1 visa program requirements for employing international cultural exchange visitors.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Greenwood Hospitality Group: Hotel management and ownership firm operating franchised properties across Hilton, Marriott, IHG and independents — directly comparable multi-brand franchise owner-operator.
• Commonwealth Hotels: Hotel management and ownership company operating franchised properties across major brands — comparable multi-brand franchise operator with similar asset-light-to-mixed ownership model.
• Hotel Equities: Hotel management, ownership, and development firm operating franchised properties across Marriott, Hilton, IHG and others — comparable multi-brand franchise owner-operator business model.
• Island Hospitality Management: Third-party hotel management company operating franchised properties across major brands including Marriott, Hilton, IHG — comparable in scale and multi-brand franchise operations.
• Real Hospitality Group: Hotel management, ownership and development firm operating franchised properties across leading brands — similar multi-brand franchise owner-operator profile.
• PCH Hotels & Resorts: Hotel owner-operator managing franchised full-service, select-service, and extended-stay properties — same franchisee/owner-operator positioning across multiple brand families.
• Newport Hospitality Group: Family-owned hotel management and ownership company operating franchised hotels across multiple brands — directly comparable multi-brand owner-operator model and similar scale to Larkin.
• Kinseth Hospitality Companies: Family-owned hotel company owning and operating franchised hotels across Marriott, Hilton, IHG and others — closely parallels Larkin's family-owned multi-brand owner-operator structure.

Broad incumbents

• Marriott International: Largest global hotel franchisor — provides the franchise platform, brand standards, and Marriott Bonvoy loyalty program that several Larkin properties operate under, making it both a partner and the broad incumbent in the same space.
• Hilton: Global hospitality franchisor whose Homewood Suites brand is operated by Larkin — Hilton sets the brand standards, central reservation systems, and Hilton Honors loyalty framework Larkin leverages, positioning it as a broad incumbent and key partner.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/larkinhospitality

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 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 Larkin Hospitality