Raines
Overview
Raines is a multifaceted hospitality organization specializing in hotel development, management, and investment across the Southeastern United States. The company offers a comprehensive approach to its property portfolio and client base, managing 54 hotels with 5,848 keys and projecting $230 million in revenue. Raines is known for its operational experience, success with historic properties, and expertise with leading hotel brands such as Hilton, Marriott, Hyatt, and Choice. The company also features notable boutique hotels like The Foundry Hotel in Asheville, NC, and Hotel Florence in Florence, SC. In 2023, Raines expanded its operations by acquiring HP Hotels, a full-service, third-party hotel management company, which added properties in the Southwest, including Texas and Oklahoma, to its portfolio. This acquisition allowed Raines to manage 49 properties across eight states under seven brands. Within the organization, Raines has specialized divisions such as Woven, focusing on boutique hotels, and Array, specializing in commercial real estate and office properties. The company is headquartered in Florence, SC, with a secondary regional office in Charleston, SC.
Investment Focus
- Hotel development projects
- Hotel management contracts
- Hotel investment opportunities
Portfolio Companies
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Frequently asked questions about Raines
What sectors does Raines invest in?
Raines invests in Real Estate and Hospitality, and is based in South Carolina, United States. Raines is listed as a private investment firm in the ConnectSafely investor database.
Which regions does Raines invest in?
Raines invests across United States.
What companies has Raines invested in?
Raines's portfolio includes The Foundry Hotel and Hotel Florence.
Last updated · Source: ConnectSafely investor database
