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Avenir Hospitality Acquires Four-Hotel Portfolio in Cannon Beach, Oregon
Friday 21 January 2022

US-based hospitality focussed investment group Avenir Hospitality has acquired Oregon-based Cannon Beach Hotel Collection, a portfolio of 4 boutique hotels, the company said.

Terms of the transaction were not disclosed.

Avenir has partnered with New York-based boutique hotel operator Life House to manage the portfolio, which represents the company's first properties in the Pacific Northwest.

Avenir Hospitality is an investment group focussed on independent hotels in distinct leisure destinations with favorable supply-demand dynamics.

Life House is a venture-backed and vertically-integrated hotel brand, management, and software company.
Date Published: 21/01/2022