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Officials of Island Hospitality Management, the premier third-party management company for select-service and upscale, extended-stay hotels, announced that the company has been named the operator of the 114-room Springhill Suites Truckee. The property is owned by Mission Hill Hospitality, a leading select service and extended stay hotel investor.
Mission Hill Hospitality, a KSL Capital Partners portfolio company focused on transforming select service and extended stay hotel investing, announced it has acquired Homewood Suites by Hilton Cathedral City Palm Springs, a 197-key property in Cathedral City, CA. This is the 19th hotel added to the Mission Hill Hospitality portfolio since the company was launched in March 2021. Terms of the deal are undisclosed.