Founded by David Buffam with an emphasis on turn around acquisitions, New Castle Hotels & Resorts expanded its capabilities in 1988 when Gerry Chase joined New Castle as chief operating officer. Today, New Castle is known as a leading third-party management company with exceptional expertise in management and operations and a history of successful participation in profitable acquisitions and development projects. Over the years – and in the face of multiple economic cycles and rapid industry evolution – New Castle has remained nimble, demonstrating an ability to evolve and adapt to a changing landscape while maintaining the patience, tenacity, and integrity that have always characterized its professional practice. Along the way, David and Gerry have built an outstanding team of best-in-class managers and associates and established a company culture built on respect, trust and loyalty.
New Castle consistently ranks among the top 100 US hotel management and development companies
Denver, CO-based Evermore Partners (Evermore), a commercial real estate investment firm, and Ridgefield, CT-based New Castle Hotels & Resorts (New Castle), a leading hotel owner and operator, have acquired the Montana Marriott Portfolio - a 105-key AC Hotel by Marriott, a 175-key Residence Inn by Marriott, and The Mercantile, a collection of approximately 20,000 square feet of high quality, in-line retail located in downtown Missoula, Montana.
Guido Kerpel, COO of New Castle Hotels & Resorts, a leading hotel owner, operator and developer, today announced that Rick Norman, a 25-year New Castle veteran has been promoted to general manager of the new Courtyard/Residence Inn by Marriott in Jekyll Island, Georgia.