TPG Acquires Danfords Hotel, Marina & SpaPublished on July 21, 2021
TPG Hotels, Resorts & Marinas, a hospitality management firm, announced that it acquired the Danfords Hotel, Marina & Spa located in Port Jefferson, New York. The site is surrounded by views of Long Island Sound and located in the heart of historic Port Jefferson Village.
Danfords Hotel, Marina & Spa has 92 upscale guest rooms and suites and a marina featuring more than 100 slips and over 1,000 feet of side tie dock, with the capacity to accommodate vessels up to 250’ in length. Danfords onsite restaurant and lounge, WAVE, offers waterfront dining on the docks or the outdoor deck, as well as indoor dining.
Danfords Hotel, Marina & Spa, has approximately 14,000 square feet of meeting and function space to accommodate weddings, special occasions, or events and features The Butterfly Spa offering guests a complete menu of spa services. Additionally, as part of the transaction, TPG Hotels, Resorts & Marinas will also manage catering operations at Waterview Restaurant located at the Port Jefferson Country Club.
Danfords is one of three acquisitions in the last seven months in TPG’s newly launched Marina platform. TPG acquired Dutch Harbor Boat Yard in Jamestown, RI, in June 2021 and Champlins Hotel, Resort, and Marina located on Block Island, RI in December 2020, which is currently undergoing extensive renovations as part of a comprehensive property improvement plan.
TPG Hotels, Resorts & Marinas will embark on a property improvement plan, including resort-wide modernization that includes the lodging and slip reservation systems, and a full renovation of the resort’s guest rooms. Additional renovations and improvements are also planned for the marina facilities.