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Palisociety acquires Arrive

Los Angeles-based Palisociety has acquired hospitality development and management company Arrive Hotels & Restaurants, in addition to its collection of properties, including hotels in Austin, Texas, Phoenix, Palm Springs, California, Memphis, Tennessee, and Wilmington, North Carolina, as well as properties in New Orleans and Albuquerque, New Mexico which are currently under development. 

Palisociety owns and operates 11 hotels in the U.S. under the Palihouse, Palihotel and Independent Collection brands.

As part of the acquisition, finalized in November 2020, Palisociety has enhanced its vertically integrated management systems and centralized operating structure. Arrive’s branding and website will reflect new design highlights, while daily operations, company protocols and procedures will be integrated as part of Palisociety’s infrastructure.

Other terms of the acquisition have not been disclosed.

Palisociety’s four brands include 13 hotels and 23 restaurants and bars in current operation. Across the portfolio, five hotels are under construction and anticipated to open by spring 2022, along with a development pipeline of 15 properties in discussion/planning phase.

The Arrive hotel in Phoenix, Arizona
The Arrive hotel in Phoenix, Arizona
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