Meritage Hospitality Group (OTCMKTS:MHGU), Inc. is a diversified hospitality real estate and management company that acquires, develops, owns and operates hotels, resorts and lifestyle destinations. Through a blend of property ownership and third-party management agreements, the company’s business activities include hotel asset management, development oversight and operational support services designed to optimize performance across its growing portfolio.
The company’s holdings encompass a range of lodging formats, from branded full-service hotels under Marriott, Hilton and Hyatt flags to independent boutique resorts, RV resort communities and short-term vacation rental residences. Meritage’s management services division provides comprehensive operational expertise, covering everything from day-to-day property management and revenue management to marketing, accounting and food-and-beverage operations.
Meritage’s portfolio spans key leisure and business markets in the United States and Mexico, with properties located in the Texas Hill Country, California coastal communities, Florida’s Gulf Coast and mountain destinations in Colorado and Arizona. In addition to traditional hotel and resort assets, the company has developed and operates destination RV parks and gated vacation rental communities that cater to a broad spectrum of travelers, from families seeking extended-stay leisure experiences to corporate groups hosting meetings and events.
Founded in the early 1990s, Meritage Hospitality Group has grown through strategic development partnerships and targeted acquisitions, emphasizing both branded and lifestyle-oriented assets. The company is led by President and CEO Michael F. Kelly, a hospitality industry veteran with over three decades of experience, alongside Chief Financial Officer Susan L. Clayton and Chief Operating Officer John DeWitt, who together oversee Meritage’s integrated approach to real estate investment, brand management and guest experience.
