Faraway Hotels

What Faraway Hotels does

Faraway Hotels is a privately-held boutique hospitality brand headquartered at 29 Centre Street, Nantucket, Massachusetts, operating a portfolio of restored 19th-century captain's homes under the management of Collared Martin Hospitality (also referenced as Life Hospitality). The flagship campus comprises six historic buildings — including the Roberts House (dating to 1846), an 1880s Quaker Meeting House, Manor, Gate, Hawthorne House (added 2023), and the Federal Suite — offering 79 guestrooms across categories ranging from compact Petite Retreats (90–145 sq ft) to the 1,735 sq ft three-bedroom Federal Suite. On-site amenities include the Sister Ship restaurant (named Boston Magazine's Best Restaurant in Nantucket in 2022 and open seasonally April–December), Cymbals Cafe (daily breakfast and lunch), Icklebrick's Cabinet cocktail bar, and The Courtyard outdoor venue. The brand serves leisure travelers, couples celebrating milestones, multigenerational families, wedding parties, and corporate groups across both individual and group booking channels.

The business operates a direct-to-consumer go-to-market model, with guests booking through the Synxis-powered website or a centralized reservations line; bookings are pre-paid in full. Distribution is supplemented by major OTAs (Airbnb, Booking.com, Expedia), a dedicated group sales team handling weddings and corporate buyouts, and a sister-property network — Blue Iris (12 rooms) and Brass Lantern (17 rooms) — that expands inventory for full property buyouts and group overflow. Revenue is generated through room bookings, food and beverage (Sister Ship, Cymbals Cafe, Icklebrick's), events and property buyouts, a 5% resort fee plus tax, pet fees, and incidental holds. Marketing is anchored by sustained earned media coverage across Wall Street Journal, Vogue, Forbes, Travel + Leisure, Condé Nast Traveler, Architectural Digest, and Modern Luxury, complemented by Instagram and email programs. The company does not disclose revenue or funding and is privately held with no disclosed venture or private equity backing.

The technology stack is standard hospitality SaaS — Synxis (reservations), SevenRooms (restaurant bookings), Toast Tab (cafe ordering), Tripleseat (event management), and Matterport (3D tours) — and the website is WCAG 2.0 Level AA compliant. The brand is executing a multi-destination expansion: Martha's Vineyard, Jackson Hole, and Sag Harbor are all marked Coming Soon with dedicated microsites and active group event inquiry forms, signaling an intent to move from a single-asset seasonal operator toward a multi-market boutique platform.

Name

Faraway Hotels

Legal name

Faraway Hotels

Website

https://farawayhotels.com

Company type

Private

Founded year

1846

Operating status

Operating

Headcount range

101–250 employees

Short description

Faraway Hotels is a boutique hospitality brand operating restored 19th-century captain's homes in Nantucket with 79 guestrooms, the award-winning Sister Ship restaurant, and an active expansion pipeline to Martha's Vineyard, Jackson Hole, and Sag Harbor.

Ownership category

akta.pro rank

Product category

Boutique Hotels

NAICS

Hotels (except Casino Hotels) and Motels (72111), Full-Service Restaurants (722511)

SIC

Hotels & Motels (7011), Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Beachfront & Island Luxury Resorts (THAGACAA)

akta.pro secondary industries

Resort-Area Full-Service Hotels (Non–All-Inclusive) (THAGAAAD), Hotel & Resort Restaurants (THAFACAH)

Keywords

• Boutique hotel stays
• Historic property lodging
• Hotel dining services
• Event venue hosting
• Luxury hospitality

Headquarters

HQ city

Nantucket

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Guest Room Revenue: Primary revenue stream from 79 guestrooms across multiple room categories including Petite Retreats, Nantucket Classics, Suites, The Meeting House Collection, Lower Garden Rooms, and the Federal Suite. Rooms are booked directly, through OTAs, or via group block bookings. Reservation is fully pre-paid at time of booking.
2. Food and Beverage: On-site dining through Sister Ship restaurant (dinner service, seasonal April–December), Cymbals Cafe (breakfast/lunch daily from 8am), and Icklebrick's Cabinet cocktail bar. Outdoor Courtyard operates seasonally as extension of Sister Ship. Sister Ship won Boston Magazine's Best Restaurant 2022 award.
3. Events and Private Parties: Revenue from hosting events including dinner parties, cocktail receptions, rehearsal dinners, wedding receptions, corporate gatherings, post-wedding brunches, and full property buyouts. Event venues include Sister Ship (900 sq ft, 65 seats), The Courtyard (750 sq ft, 50-55 seats), The Shed at sister property Beachside (528 sq ft, 28 seats), and Federal Suite.
4. Resort Fees and Incidentals: 5% resort fee plus tax applied to all stays. Additional revenue from pet fees ($100/night off-season, $150/night peak season), mini bar sales, and incidental charges secured via $200 credit card hold at check-in.
5. Group Blocks and Hotel Buyouts: Revenue from group room blocks and full hotel buyouts, including sister properties Blue Iris (12-room historic inn one block away) and Brass Lantern (17-room renovated property in Old Historic District) for larger group accommodation needs.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

Faraway Hotels operates boutique, design-focused hotels and on-site dining in coastal and mountain leisure destinations, anchored by its flagship Faraway Nantucket property spanning six historic buildings with 79 guestrooms. The company also runs the award-winning Sister Ship restaurant, Cymbals Cafe, Icklebrick's Cabinet cocktail program, event venues, and is expanding into Martha's Vineyard, Jackson Hole, and Sag Harbor.

Product overview

Faraway Hotels is a boutique hospitality brand operating primarily through its flagship property, Faraway Nantucket, located at 29 Centre Street, Nantucket, MA. The property spans 6 historic buildings dating back to 1846, offering 79 guestrooms across various categories including the premium Federal Suite, Meeting House Collection, Suites, Nantucket Classics, Hideaway Rooms, Lower Garden Rooms, and Petite Retreats. On-site amenities include Sister Ship restaurant (award-winning Mediterranean-inspired dining), Cymbals Cafe, Icklebrick's Cabinet, and The Courtyard outdoor venue. The hotel provides event services for weddings, corporate gatherings, and property buyouts. The brand is expanding to Martha's Vineyard, Jackson Hole, and Sag Harbor. Sister properties include Blue Iris (12-room inn) and Brass Lantern (17-room historic property). Integration partnerships include SynXis for booking, SevenRooms for restaurant reservations, Toast Tab for cafe ordering, Tripleseat for event inquiries, and Matterport for virtual tours.

Differentiator

Problem solved

Functional benefit

Products and services

• Faraway Hotels (Nantucket) Flagship boutique hotel at 29 Centre Street, Nantucket, MA, spanning six historic buildings with 79 guestrooms across multiple categories, the award-winning Sister Ship restaurant, Cymbals Cafe, outdoor courtyard, and complimentary amenities including bikes, beach chairs, and towels. Targets leisure travelers, families, and event groups.
• Sister Ship Restaurant

Quantifiable outcome

• Boston Magazine's Best of Boston 2022: Best Restaurant - Sister Ship
• +3 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• Vokel WinesminorStrategic or Co-development Partner · 1 January 2025Napa Valley winemaker Dana von Sternberg partnered with Sister Ship for exclusive wine dinner events. Features 5-course tasting menu from Chef Nathan Parsons paired with Vokel wines. Limited seat intimate evening events.
• Blue IriscoreStrategic or Co-development PartnerA historic 12-room inn located one block from Faraway Nantucket, available as an additional option for full buyouts and group bookings. Operated under the same hospitality group, providing seamless overflow accommodation for larger events requiring more than Faraway's 79 rooms.
• Brass LanternminorStrategic or Co-development PartnerA 17-room completely renovated property perfectly located in the Old Historic District, just a short walk from ferry terminals, the Whaling Museum, and downtown restaurants and shops. Available for group bookings requiring additional guestroom inventory.
• Beachside (The Shed Venue)coreStrategic or Co-development PartnerSister property housing The Shed event venue (528 sq ft, 28 seats, max 50 standing) available for corporate retreats, team offsites, private dinners, and cocktail receptions. Blends Nantucket-inspired architecture with sun-filled windows and relaxed yet elevated feel.
• Local Spa PartnersminorOthersWhile Faraway does not have an on-site spa, the hotel partners with local spas in town that offer a full menu of rejuvenating treatments. Front desk team provides recommendations and directions to partner spas.
• Modern Luxury MediaminorGTM or Marketing PartnerMedia partner for Boston Common's Best Of Luxury Travel Awards 2025, providing editorial coverage and brand exposure to regional luxury travel audience.
• Nantucket Local BusinessesminorOthersCurated partnerships with local businesses including Born & Bread (breakfast/lunch), Cisco Brewers (brewery/winery/distillery), Juice Bar (iconic ice cream), Olivela (luxury fashion retailer), Vault Jewelry Store, Pawsitivity (dog accessories), Nobadeer Beach surf schools, and Bartlett Farm. Featured in hotel's neighborhood guide for guest recommendations.
• Life Hospitality (Management Company)coreOthersAccording to privacy policy: 'Faraway Hotels, a property managed by Collared Martin Hospitality.' Life Hospitality appears to be the operating/management company behind Faraway Hotels brand, handling operations, branding, and hospitality services.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Others

• LifeHouse Hotels: Hospitality management and brand operator of boutique hotels; relevant given Faraway's relationship with Life Hospitality/Collared Martin Hospitality for operations management.

Direct peers

• Cape Resorts: Operator of multiple boutique and historic properties in coastal New England/Jersey Shore destinations; similar collection model of restored historic inns with on-site dining and events.
• Greydon House: Boutique hotel in downtown Nantucket with curated design and on-site dining; competes directly with Faraway for design-conscious leisure and couple travelers.
• White Elephant: Luxury Nantucket hotel with similar full-service coastal positioning, on-site dining, and event/wedding offerings; directly competes with Faraway Nantucket for leisure and group bookings in the same destination.
• Lark Hotels: Boutique hotel collection of distinctive New England properties, including inns and design hotels; comparable multi-destination boutique strategy in the same regional market.
• The Wauwinet: Boutique luxury resort on Nantucket with comparable seasonal F&B, event, and leisure stay offerings; competes head-to-head with Faraway for premium Nantucket guests.
• Nantucket Hotel: Historic full-service hotel in downtown Nantucket with comparable room, dining, and event offerings; competes for the same downtown leisure and group demand.

Broad incumbents

• Auberge Resorts Collection: Luxury boutique hotel collection in leisure destinations with strong F&B and experiential programming; aspirational peer for Faraway's multi-destination boutique platform strategy.
• 21c Museum Hotels: Multi-property boutique hotel collection combining contemporary art, design, and culinary programming; comparable in F&B-driven boutique positioning and brand-collection growth model.

Emerging players

• Proper Hotels: Design-forward boutique hotel brand with multiple California properties, on-site restaurants, and lifestyle programming; comparable in curated design and F&B-driven brand identity.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeopen.spotify.com/playlist/73fzya8dg05INCs8dassWI?si=847da67dcece4465
• Facebookfacebook.com/farawayhotel
• Instagraminstagram.com/farawayhotels
• LinkedInlinkedin.com/company/faraway-hotels

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 Faraway Hotels