Denver-based luxury retreatcompany Collective Retreats is positioning itselffor significant expansion. The firm has partnered with investmentbanking firm RobertDouglas to aid in funding acquisition anddevelopment opportunities and achieve its growth objectives.Growing demand for experience has helped to launch the company'srecent growth initiative.

"Our mission is to revolutionize global travel througha collection of dynamic destination retreats and enrichingexperiences, connecting person, community and environment," Peter Mack, CEO ofCollective Retreats, tells GlobeSt.com. "People are becoming sohyper-connected through the digital world and devices andso over-scheduled and programmed that they're missing out ontrue human connection and self-actualization. We feel our mission andour experiences are more important now, for theworld, than ever before. Collective Retreats has been experiencingsuch strong demand that we feel we owe it to our loyal guests togive them more opportunities toexperience Collective."

Demand isn't only coming from clients—although the user demandis booming—but institutional capital sources as well. "There are somany beautiful, special places on our developmentroadmap and in our pipeline that we'd like to unlock the power ofthese places by expanding Collective Retreats," says Mack."At the same time, our retreats deliver very strong investorreturns, providing an opportunity to attract third-party realestate capital to accelerate our growth plan. The interest isstrong. In the last nine months, institutional capital interest inthe outdoor hospitality space has gone from "0" to "60" with majorcommitments from industry luminaries, KSL, Starwood Capital andWhitman Peterson among others."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.