Essex Hotel Management adds six properties to its management portfolio through agreement with Larkin Hospitality

Partnership Hospitality announced Saratoga Springs Mar 6, 2026

581 keys

Capacity

operating

Stage

Essex Hotel Management entered into an agreement with Larkin Hospitality to add six properties to its management portfolio, growing it from 11 to 17 properties.

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Counterparts (2)

Partner

Essex Hotel Management

company

Essex Hotel Management is a hospitality management and development company with over 30 years of experience. They specialize in managing a diverse portfolio of hotels, from full-service resorts to select-service properties, and are involved in hotel development and asset management primarily within the United States.

Larkin Hospitality

company

Larkin Hospitality is a hotel management and development company specializing in acquiring, developing, and operating hospitality assets. They focus on full-service, select-service, and extended-stay hotels, primarily within the United States, leveraging extensive experience in the hospitality sector.

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Deal Analysis

Essex Hotel Management is taking on 581 new keys, adding six properties to its management portfolio via a partnership with Larkin Hospitality. This agreement boosts Essex's total managed properties from 11 to 17, a substantial expansion for the company with over 30 years in diverse hotel management. The new assets, located in Saratoga Springs, New England, align with Larkin's specialization in acquiring and operating hospitality assets. For Essex, this deal represents a more than 50% increase in its managed property count in a single move.

6 new properties added to management portfolio
581 keys now under Essex management
Portfolio grows from 11 to 17 properties
Essex Hotel Management has 30+ years of experience

Source Intelligence

KEY DETAILS

Per the agreement, Essex will provide support and direction to the above property team, oversee portfolio operations and renovations for Larkin, and assist with developing and supporting new properties. Initial top priorities included assessing and guiding the above-property and on-property teams; evaluating and adjusting rate and sales strategies for each hotel; instituting more defined policies and procedures; and inspecting the properties to identify any major capital items requiring repair/replacement. Two of the hotels are slated for rebranding, with the renovations scheduled to begin this fall. Essex also assisted with the soft opening of the AC Hotel in Saratoga Springs in December and is now overseeing post-opening punch-list items.

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Capacity

The agreement adds 581 keys to Essex’s portfolio

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Location

marking Essex’s entry into the New England market and bringing on its first AC Hotel. ... Essex also assisted with the soft opening of the AC Hotel in Saratoga Springs in December

PARTIES MENTIONED IN SOURCE

Essex Hotel Management manager

"Essex Hotel Management announced that it has entered into an agreement with Larkin Hospitality that adds six properties to its management portfolio"

Larkin Hospitality owner/partner

"Essex Hotel Management announced that it has entered into an agreement with Larkin Hospitality"

medium quality Enriched Mar 9, 2026

Timeline

Announced

Mar 6, 2026

Signed

Closed

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Source

lodgingmagazine.com

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