July 15, 2019
New York City-based hotel management firm Life House has secured $100 million from Blue Flag Partners to fund its continued expansion through the acquisition of seven to 10 additional hotels. The news follows the announcement that Life House has taken over the operation of The Roberts Collection, an historic 58-room hotel in Nantucket, MA that Blue Flag acquired in April.
Currently, Life House is operating The Roberts Collection as part of its white-label, tech-enabled management platform. It will begin restoration of the hotel this fall, transforming the property into a locally-rooted hotel by Life House.
“Since day one, we have been acutely focused on driving value to our hotel owners through technology advantages and contextually responsive design, and we’re thrilled to see that Blue Flag has recognized this value and formalized a long-term partnership with us,” says Rami Zeidan, CEO and founder of Life House.
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