- Waramaug Hospitality, a privately held investment group, founded by Paul Nussbaum and Leslie Ng, focuses on acquiring legacy branded assets throughout the United States. Waramaug boasts an enviable track record in successfully rebranding, repositioning and renovating assets to reach their full potential and become market leaders. Over the past five years, the company has acquired over $600 million in hotel assets.
- Waramaug’s executive team has nearly 200 years of collective hospitality experience. The senior executives are focused on maximizing returns to their partners and investors by utilizing their vast experience, technical resources and deep industry relationships. The team employs an aggressive asset management strategy to maximize asset values for all of its projects.
- Waramaug has created a superior acquisitions and renovation platform, enabling it to quickly and efficiently acquire assets and reposition them in a timely and expedient fashion. The company works with prominent institutional and high net worth investors and has formed strategic partnerships with key hotel companies, with the mission of delivering superior returns on their assets.
- Waramaug has entered into a long-term relationship with Interstate Hotels & Resorts, the largest US based global hotel management company, who manages the majority of its assets.