Waterford Hotel Group and Maverick Hotels Merge for Future Growth
In a strategic move poised to transform the hospitality landscape, Waterford Hotel Group and Maverick Hotels & Restaurants have officially announced their merger, bringing together their strengths to create a formidable player in the hospitality sector. This merger not only expands their portfolio to more than 50 properties but also fortifies their market presence amid fierce competition.
The announcement was made on December 1, 2025, highlighting ambitious goals that were set by both companies last year. Len Wolman, Chairman and CEO of Waterford Hotel Group, expressed enthusiasm about surpassing the target of 50 hotels within a 24-month period. He stated that this merger represents a pivotal chapter for both companies, aiming to significantly amplify their growth potential and operational performance.
Strengthening the Hospitality Landscape
Maverick Hotels, with a diverse range of properties across New England and a strong concentration in metropolitan Chicago, complements Waterford’s expanding presence in the Eastern U.S. and growing regions in the South Central and Midwest. This merger is particularly strategic as it enriches Waterford's existing portfolio which includes a variety of accommodations—ranging from full-service hotels to boutique inns. Noteworthy additions to the property lineup include high-end hotels under well-known brands such as Marriott and Hilton, alongside attractive New England inns that enhance Waterford's appeal to a broader guest base.
The combined effort of these two experienced entities allows them to effectively compete with leading hospitality firms. By increasing operational capacity, brand diversity, and geographic outreach, the newly merged company is well-equipped to pursue new avenues for development through acquisitions, management contracts, and redevelopment projects in high-demand markets.
In a shared statement, Robert Habeeb, Founder and CEO of Maverick Hotels & Restaurants, emphasized the merger’s potential to unlock greater opportunities. He noted, “Waterford's proven expertise in hospitality management, coupled with our combined commitment to excellence, forms a powerful alliance that will enhance our competitive edge and deliver added value to both hotel owners and investors.”
A Focus on People and Growth
Aside from contributing to business expansion, this merger is expected to create significant career growth and leadership opportunities across both organizations. Recognizing that motivated and well-trained professionals produce exceptional guest experiences, both hotels are committed to a people-first philosophy. Together, they are strategically positioned to navigate and thrive in the evolving hospitality landscape.
About Waterford Hotel Group
Founded nearly 40 years ago and based in Waterford, Connecticut, Waterford Hotel Group has developed a strong reputation for managing various types of properties, ranging from mainstream hotels and convention centers to charming boutique inns. Their results-driven approach is underscored by expertise in operations and a passionate commitment to delivering exceptional experiences for guests while ensuring robust financial performance for property owners. More information can be found at
Waterford Hotel Group.
About Maverick Hotels & Restaurants
Maverick Hotels & Restaurants, headquartered in Chicago, Illinois, is celebrated for its innovative approach to hospitality management, especially within culinary programming and boutique hotel experiences. They have established a strong presence in maximizing property value while offering distinctive guest experiences; details are available at
Maverick Hotels.
As these two hospitality giants merge, the industry watches closely, anticipating the positive effects this collaboration will have on guests, owners, and the greater hospitality sector.