Mountain Shore Properties Announcements

News And Awards

Real Estate Developer Stephen Wendell’s Take on Submarkets, Fundamentals and More

Real Estate Developer Stephen Wendell’s Take on Submarkets, Fundamentals and More

I grew up watching my dad be a professional “firefighter.” Great CEOs have a unique ability to address decisions from multiple perspectives to unlock value for everyone involved. As a CEO, you are trying to anticipate and mitigate issues before they arise while problem-solving in real-time. I witnessed my dad treat every person he encountered with respect both professionally and personally. This built the company’s reputation for decades through various economic cycles, the importance of which cannot be overstated. I also got to see firsthand what it means to truly pivot (sometimes on a daily basis). I don’t measure success in terms of always being right, it’s about working with reality to get to returns with a long-term outlook while earning respect and maintaining relationships along the way. This includes hiring with your own weaknesses in mind and having an executive team that complements each other. Mountain Shore’s conservative underwriting and financial discipline are under the purview of Ryan Reich, an astounding engineer of deal structure and financial analysis on a micro and macro level.

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Inside a New Era of Value Creation at Mountain Shore Properties

Inside a New Era of Value Creation at Mountain Shore Properties

Amid the race for returns in the real estate industry, hotel development and operations have grown increasingly challenging from a viability perspective. Inflation, interest rates, land and labor costs, access to financing are an elusive puzzle for owners and operators while shifts in the industry take root and the economy recalibrates.

The reality is consumers are often paying more for hotel stays and getting less while preferences change. One firm successfully navigating the moment and the market with a long-term lens is Mountain Shore Properties. In a pivot towards boutique hotel development, the firm is bringing newfound enthusiasm to thoughtful hospitality experiences in up and coming neighborhoods across the country with two new openings this year in Louisville and the Hudson Valley.

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The World’s Best New Hotels – Now Open in All Their Glory

The World’s Best New Hotels – Now Open in All Their Glory

We’re all spoiled for choice by the latest hotel openings across the globe — an eccentric and eclectic mix of one-off passion projects, meticulous preservations, feel-good initiatives, and affordable design gems in surprising locales. The creative minds behind them range from our favorite heavy hitters to quirky mini brands and innovative independents. As ever, we tend to steer clear of giant hotel footprints because we prefer the places with fewer than 100 rooms. As you read through this, you’ll notice a few themes emerging — sustainability, working farmland, rich color palettes, nostalgia, crazy views — and we applaud them all.

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Talk of The South: A First Look at Louisville’s Hotel Genevieve

Talk of The South: A First Look at Louisville’s Hotel Genevieve

Hotel Genevieve, which opened its doors this month in Louisville’s NuLu neighborhood, would like to remind visitors that there is more to the city than bourbon and horses. “Why not make this a feminine, rich space?” mused Tenaya Hills, senior vice president of design and development at Bunkhouse, the hospitality group behind the new hotel. The rooftop bar and restaurant takes inspiration from Paris, nodding to the French king who gave Louisville its name. The lobby bursts with color (no dark wood paneling here). A grab-and-go local foods market is part convenience store, part art installation (“think 7-Eleven run through an Andy Warhol filter,” Hills says) that meanders into the Lucky Penny, a hidden pocket bar. Modern interpretations of Appalachian quilt patterns cover the corridor carpets and bedroom throws. Here, take a peek at the design that Hills calls “refined, but a bit over the top.”

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At 6 Catskills Resorts: Retro Design, Modern Comfort and Games, Lots of Games

At 6 Catskills Resorts: Retro Design, Modern Comfort and Games, Lots of Games

Picture yourself on a sojourn in the Catskill Mountains of New York. Would your preferred game be Pac-Man, pickleball or backgammon? The answer could determine where you stay. Then again, with the variety of games on hand at nearly every one of the Catskills’ newest wave of stylish resorts, there should be more than one option that tickles your fancy.

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A beautifully renovated motor lodge at the foot of the Catskills is an enticing option for travellers in Upstate New York…

A beautifully renovated motor lodge at the foot of the Catskills is an enticing option for travellers in Upstate New York…

A two and a half hour drive from New York City, Camptown is a 50 room hotel located at the foot of the Catskill Mountains, just over the Rip Van Winkle Bridge. Originally built in the 1930s, it’s home to 26 log cabins and 24 hotel rooms each reimagined by Ramshackle Studio; the property, owned by development firm Mountain Shore Properties, having undergone a considerate renovation and redesign, embracing existing original architectural details, whilst punctuating the spaces with custom work created through partnerships with local artists and woodworkers.

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Recent Awards

HYATT HOTELS – DEVELOPER OF THE YEAR

2019: North America

HYATT PLACE – SUMTER, SC

2021: TripAdvisor Traveler’s Choice

2020: Best of Sumter Awards – Best Hotel
2020: TripAdvisor Traveler’s Choice – Top 10% Hotels Worldwide

2019: Best of Sumter Awards – Best Hotel

MARRIOTT COURTYARD – CHARLESTON, WV

2018: Hotels.com Loved by Guests Award Winner

2017: TripAdvisor Certificate of Excellence
2017: Marriott Gold Circle Award

2016: TripAdvisor Certificate of Excellence
2016: Marriott Silver Circle Award

Hampton Inn – CHARLESTON, WV

2020: #1 Best of Charleston Hotel

2017: TripAdvisor Certificate of Excellence               

2016: TripAdvisor Certificate of Excellence

2015: TripAdvisor Certificate of Excellence; TripAdvisor Hall of Fame

2014: TripAdvisor Certificate of Excellence

2013: TripAdvisor Certificate of Excellence

2012: TripAdvisor Certificate of Excellence

2011: TripAdvisor Certificate of Excellence

hampton INN & suites – tallahassee, fl (sold 2021)

2021: TripAdvisor Traveler’s Choice (#2 ranked hotel out of 63 in Tallahassee) 

2020: TripAdvisor Traveler’s Choice

RESIDENCE INN – CHARLOTTESVILLE, VA (sold 2021)

2021: TripAdvisor Traveler’s Choice

2020: Marriott Platinum Hotel Award

2017: TripAdvisor Certificate of Excellence
2017: Marriott Platinum Hotel Award

HYATT house – nashville, tN (SOLD 2020)

2020: Best New Hyatt House Property  

Hampton Inn – Washington, PA (SOLD 2020)

2018: TripAdvisor Certificate of Excellence

2015: TripAdvisor Certificate of Excellence

2014: TripAdvisor Certificate of Excellence

2013: TripAdvisor Certificate of Excellence

Hampton Inn – Princeton, wv (SOLD 2017)

2017: TripAdvisor Certificate of Excellence

2016: TripAdvisor Certificate of Excellence

2015: TripAdvisor Certificate of Excellence

2014: TripAdvisor Certificate of Excellence

2013: TripAdvisor Certificate of Excellence 

Hampton Inn – athens, ga (SOLD 2015)

2017: Spirit of Hampton Award Winner
2017:
Booking.com Award of Excellence

residence Inn – morgantown, WV (sold 2015)

2014: Marriott Diamond Designation (top 3 performing Residence Inn in Marriott System

2012: Marriott Gold Designation

2011: Marriott Gold Designation

2010: Marriott Gold Designation

2009: Marriott Platinum Designation

2008: Marriott Platinum Designation

2007: Marriott Platinum Designation

homewood suites – mt pleasant, sc (sold 2014)

2013: TripAdvisor Certificate of Excellence; JD Power Recognition Award

2012: Highest Extended Stay Award of Merit; TripAdvisor Certificate of Excellence, JD Power Recognition Award

2011: Pride Award of Merit; Highest Extended Stay Award of Merit; JD Power Recognition Award

2010: JD Power Recognition Award

2008: JD Power Recognition Award

2007: JD Power Recognition Award

2005: Sales Team of the Year Award of Merit

2004: Highest Guest Satisfaction Award of Merit