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Dovehill acquires luxury Mayflower Inn & Spa, Auberge Collection in Washington, Connecticut, for an undisclosed amount, according to a Wednesday news release.
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According to the release, the 35-room New England landmark will include two dining concepts, expansive gardens and a variety of experiential offerings. Fort Lauderdale, Florida-based Dovehill said it plans to bring “targeted enhancements” to the property, aimed at enhancing the luxury experience while preserving the hotel’s “intimate character.”
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shopping goes ahead Dovehill’s luxury acquisition strategy, “Representing exactly the type of asset we are particularly focused on,” Charles Palloux, Dovehill’s chief investment officer, said in a statement.
According to Paloux, the five-star property is “ultra-luxury, irreplaceable and rich with high ROI opportunities.”
Located a 90-minute drive from New York City, the hotel is “well-positioned to meet the enduring post-COVID demand for world-class escapes nearby,” Palloux said, also noting that ultra-luxury is one of the few sectors “consistently outperforming today.”
Dovehill founder and CEO Jake Wurzak said in a statement that the hotel boasts “an extraordinary sense of place, a heritage of excellence and the kind of unique character we look for in every investment.”
The bucolic property spans 58 acres and includes a 20,000-square-foot spa called The Retreat, an outdoor pool and a. “Rich range of property experiences,” According to its website, archery lessons, horseback riding and guided nature hikes are included.
Auberge Collection, which has a portfolio of 30 hotels and resorts, will continue to manage the Mayflower Inn & Spa.
In August, Dovehill acquired the Auberge-branded White Barn Inn in Kennebunkport, Maine, for an undisclosed amount, representing a “significant turning point” in its investment strategy on “irreplaceable” properties, Wurzak said at the time.
is luxury Poised to become a winning class among investorsespecially like Consumers are increasingly looking for unique, high-end experiencesThat’s according to a JLL report from February, which also said ultra-luxury supply is moving at a slow pace.