Current Portfolio
Sojourner Glamping
Crimson Rock Capital founded Sojourner Glamping in 2020 to introduce African Hospitality to the US consumer. Our differentiated, year-round outdoor resorts feature luxurious safari tents with multiple rooms and the required amenities to allow you to unplug and enjoy the beauty of nature, including but not limited to swimming pools, playgrounds, spas and a kids club. Our resorts are located within a three hour drive of major MSAs and have the amenities and facilities expected of an upscale resort. Sojourn with us!
The Guestbook
Crimson Rock Capital is the lead/largest investor, a board member and advisor to The Guestbook, an early stage company positioned to disrupt online travel agencies (OTAs).
Through its proprietary Gopher Technology (https://joingopher.com/) and innovative structure, the firm offers great value propositions to travelers, hotel owners and hotel brands/chains.
The Guestbook, via Gopher, guarantees the lowest prices on hotels via direct bookings relative to any OTA, whereas the parent company increases direct bookings by over 20% through exclusive, patent-pending technology.
The venture consists of an excellent combination of an A idea with an A team and is well positioned for growth and success.
Shrtlst.
We are a minor investor in Shrtlst. - the premier membership for the uncompromising traveler.
Premium perks, elite access, and travel itineraries
— all curated by a roster of real-life Shrtlst tastemakers.
Cobu
We are a minor investor in Cobu, a community building platform designed to help everyone feel like they belong where they live. Everyday we strive to build strong resident communities and combat loneliness. Our team is packed with energetic, community, and business-minded individuals, focused on the mission of powering genuine community.
Cleveland Hotel Health Tech Corridor
Crimson Rock Capital acquired the mortgage note of the University Hotel and Suites and subsequently acquired the fee simple interest in a receivership sale. The hotel will be renovated and repositioned to a Delta Hotel by Marriott. It will be a major catalyst for the continued growth of the Cleveland Health Tech Corridor, which lies between the Central Business District and University Circle. The property is located across the street from Live Nation’s TempleLive at Cleveland Masonic, Industrial Technologies Corporation (NASDAQ: AIT) and The Children’s Museum of Cleveland. It is a few blocks from AEG’s Agora Theater and Ballroom, half mile from the Cleveland Theater district, and less than two miles from The Cleveland Clinic and University Hospitals.
Exited Deals and Relevant Past Experience
Staybridge Suites New Orleans French Quarter/Downtown
Crimson Rock Capital sourced an off market deal and partnered with a hotel operator and leading Private Equity firm to acquire a compelling asset in an excellent section of the New Orleans central business district in 2014.
The acquisition price reflected a strong discount to replacement cost for a 17 story, all-suite hotel built in 2004, the second newest property in the city at the time. The investment team executed a robust renovation / repositioning and a management turnaround.
We accurately predicted that market would get more institutional and efficient based on strong fundamentals. New Orleans has experienced extensive growth and success since the time of acquisition.
521 Tchoupitoulas
Crimson Rock Capital sourced 521 Tchoupitoulas on an off-market basis and partnered with a hotel operator and leading Private Equity firm to acquire this compelling, historic residential/garage building.
The property was renovated, incorporated into this Staybridge Suites New Orleans French Quarter Downtown, adding 28 units and 60 parking spaces.
Holiday Inn Express New Orleans Downtown
Crimson Rock Capital sourced an off market deal and partnered with a Hotel Operator and leading Private Equity firm to acquire a compelling asset in an excellent section of the New Orleans CBD.
The independent property was under managed, under-improved and had excess land. The partnership completed a renovation, executed a anagement turnaround and affiliated the hotel with Intercontinental Hotels Group’s (IHG) Holiday Inn Express brand.
ihg.com/holidayinnexpress/hotels/us/en/new-orleans/msyka/hoteldetails/
Fairfield Inn & Suites New Orleans Downtown French Quarter
Crimson Rock Capital sourced an off-market acquisition opportunity and assigned the contract to a hotel operator that partnered with a leading private equity firm to acquire the asset, located in a prime area of the New Orleans Central Business District. At the time of acquisition, the independent property was under-managed and under-improved. The partnership executed a comprehensive renovation, implemented a management turnaround, and rebranded the hotel as a Fairfield Inn & Suites
Moxy New Orleans Downtown French Quarter
Crimson Rock Capital sourced an off-market acquisition opportunity and assigned the contract to a hotel investment company that acquired the asset, located in a prime area of the New Orleans Central Business District. At the time of acquisition, the independent property was under-managed and under-improved. The investment company executed a comprehensive renovation, implemented a management turnaround, and rebranded the hotel as a Moxy Hotel.
5 Beekman Street Hotel & Residences
As Executive Vice President of Acquisition & Development, Dionis led the acquisition, renovation, and redevelopment of 5 Beekman Street in Manhattan’s Financial District. The project involved restoring a long-abandoned historic building (circa 1841) and constructing a 51-story residential tower. Following a competitive brand selection process, the hotel was affiliated with Hyatt's Thompson Hotel's brand. The result was The Beekman – a 287-room Thompson Hotel, 68 luxury condominiums, and two acclaimed restaurants: Keith McNally’s Augustine and Tom Colicchio’s Temple Court. The Beekman has received numerous accolades, including ULI New York’s 'Excellence in Hotel Development' (2017), Travel + Leisure’s 'Best New Hotels in the World' (2017), and Jetsetter’s 'Best Big City Sleep' (2017).
Old No. 77 Hotel & Chandlery
As Executive Vice President of Acquisition & Development, Dionis played a key role in sourcing, acquiring, and renovating The Old No. 77 Hotel & Chandlery, a well-located property in New Orleans’ Arts District near the French Quarter. The independent hotel was extensively renovated and repositioned as an upscale lifestyle property, managed by Provenance Hotels. It was named Travel + Leisure’s No. 13 Best Hotel in the U.S. in the 2017 World’s Best Awards. The hotel also features Chef Nina Compton’s Compère Lapin, named New Orleans’ 2016 Restaurant of the Year by The Times-Picayune.
Hard Rock Hotel Goa, India
As Vice President at a U.S. private equity firm, Dionis was responsible for multiple partnerships and transactions across Asia, including leading the development and asset management of the Hard Rock Hotel Goa on Calangute Beach.
Lemon Tree Premier Hotel Jaipur, India
As Vice President at a U.S. private equity firm, Dionis was responsible for multiple partnerships and transactions across Asia, including leading the development and asset management of the Lemon Tree Premier Hotel in Jaipur's (India) Bani Park neighborhood.
Galeria Słoneczna—Radom, Poland
On behalf of a leading U.S. insurance company, Dionis was responsible for the investment and asset management of several properties across Central and Eastern Europe, including Galeria Słoneczna—a 43,000 m² shopping mall in Radom, Poland, and a key component of the Centrum Słoneczne master-planned mixed-use development.
Aqua Park - Radom, Poland
On behalf of a leading U.S. insurance company, Dionis was responsible for the investment and asset management of several properties across Central and Eastern Europe, including Aqua Park Radom—a 5,800 m² water park in Radom, Poland, and a key component of the Centrum Słoneczne master-planned mixed-use development.
The Park - Prague, Czech Republic
On behalf of a leading U.S. insurance company, Dionis was responsible for the investment and asset management of several properties across Central and Eastern Europe, including The Park Office Park Prague.— 120,000 m2 suburban office park.
The D2 Logistics Park - Hrušky (Břeclav), Czech Republic
On behalf of a leading U.S. insurance company, Dionis was responsible for the investment and asset management of several properties across Central and Eastern Europe, including The D2 Logistics Park, a state-of-the-art 55,000 m2 industrial park designed for distribution and light manufacturing located in Hrušky (Břeclav), Czech Republic.
The Diamond Business Park - Gliwice, Poland
On behalf of a leading U.S. insurance company, Dionis was responsible for the investment and asset management of several properties across Central and Eastern Europe, including The Diamond Business Park, a state-of-the-art 48,000 m2 industrial park located in Gliwice, Poland.
White Square Office Center - Moscow, Russia
On behalf of a leading U.S. insurance company, Dionis was responsible for the investment and asset management of several properties across Central and Eastern Europe, including White Square Office Center, a three–building, prime Class A office complex with 75,000 m2 of rentable area, located between the Garden Ring and the Third Ring in one of the most desirable business district of Moscow.
Courtyard by Marriott - Shelton, Connecticut
On behalf of a U.S. hotel owner/operator in partnership with a leading U.S. private equity firm, Dionis led the underwriting, feasibility analysis, market research, financial modeling, and related efforts for the development of the 161-room Courtyard by Marriott in Shelton, Connecticut.
Courtyard by Marriott Brookline - Boston, MA
On behalf of a U.S. hotel owner/operator in partnership with a leading U.S. private equity firm, Dionis led the underwriting, feasibility analysis, market research, financial modeling, and related efforts for the development of the 188-room Courtyard by Marriott in Brookline, Massachusetts.
The Keltic Lodge - Nova Scotia, Canada
On behalf of a U.S. hotel owner/operator, Dionis led the RFP process and related efforts that secured three management contracts for The Signature Resorts owned by the Province of Nova Scotia, including the historic Keltic Lodge at the Highlands—located in Cape Breton Highlands National Park and renowned for its ocean views, spa, golf course, and dining offerings.
Liscombe Lodge Resort and Conference Centre - Nova Scotia, Canada
On behalf of a U.S. hotel owner/operator, Dionis led the RFP process and related efforts that secured three management contracts for Signature Resorts from the Province of Nova Scotia, including Liscombe Lodge Resort and Conference Centre—a secluded nature retreat on Nova Scotia’s Eastern Shore, offering hiking, kayaking, canoeing, and dining featuring Maritime cuisine.
Liscombe Lodge Resort and Conference Centre - Nova Scotia, Canada
On behalf of a U.S. hotel owner/operator, Dionis led the RFP process and related efforts that resulted in securing three management contracts for the Signature Resorts from the Province of Nova Scotia, including Digby Pines Golf Resort and Spa—a historic Norman-style château overlooking the Annapolis Basin in Digby, Nova Scotia, featuring a golf course, spa, heated pool, and multiple dining options
Sheraton Hotel - Tarrytown, New York
On behalf of a U.S. hotel owner/operator in partnership with Starwood Hotels & Resorts, Dionis led the underwriting, feasibility analysis, market research, financial modeling, and related efforts for the development of the 150-room Sheraton Hotel in Tarrytown, New York
Chateau Royal Hotel Suites - Montreal Canada
On behalf of a U.S. hotel owner/operator in partnership with a leading U.S. private equity firm, Dionis led the underwriting, feasibility analysis, market research, financial modeling, and related efforts for the acquisition of the Chateau Royal Hotel Suites in Montreal Canada.
Las Ventanas Al Paraiso - Los Cabos, Mexico
As a senior Consultant for HVS International, Dionis provided advisory services for the Las Ventanas al Paraíso, a Rosewood Resort, a renowned luxury resort in Los Cabos, Mexico, known for its Mediterranean-Mexican style, unparalleled service, and exclusive amenities, including butler service and Signature Residential Villas
The Ritz Carlton Hotel & Residences - Washington, DC
As a senior Consultant for HVS International, Dionis provided advisory services for The Ritz-Carlton, Washington, D.C. a luxury hotel and residence complex in the West End, offering refined rooms and suites, a Ritz-Carlton Club Lounge, business center services, and a variety of dining options, including Quadrant and The Saga.
Sheraton Music City - Nashville, TN
As a senior Consultant for HVS International, Dionis provided advisory services for The Sheraton Music City Nashville Airport, a Georgian-style hotel nestled on a 23-acre estate, offering a mix of upscale accommodations, extensive meeting facilities, and a range of amenities, including pools, a fitness center, and multiple dining options, all conveniently located near the airport and downtown Nashville.
Dover Downs Hotel & Casino - Dover, DE
As a senior Consultant for HVS International, Dionis provided advisory services for Bally's Dover Casino Resort, formerly Dover Downs Hotel & Casino, offering a 500-room hotel with upscale accommodations, a casino, spa, multiple dining options, and is located near the Dover International Speedway.
Molly Pitcher Inn - Red Bank, NJ
As a senior Consultant for HVS International, Dionis provided advisory services for the Molly Pitcher Inn in Red Bank, NJ, a historic, waterfront hotel and restaurant with a contemporary, cozy, and upscale atmosphere, offering views of the Navesink River, a marina, and a variety of amenities including a pool, fitness center, and dining options.