Heritage Hotel Group Acquires Vanderbilt Hotel

The Heritage Hotel Group is set to acquire the historic Vanderbilt Hotel in Newport, Rhode Island, from the Auberge Resorts Collection, which has managed the property since 2018. This acquisition, expected to close in early 2025, marks a return to local ownership for the 33-room Georgian Revival mansion, which has been part of luxury hotel collections for over 15 years. Heritage Hotel Group plans to honor the hotel's historical significance while implementing enhancements to improve guest experiences. Auberge will continue to manage operations, including dining and spa services, during and after the transition. The acquisition raises questions about the growing influence of Heritage in Newport's hospitality sector, as it already oversees numerous establishments in the area. Community concerns are emerging regarding the potential impact on local character and economy as one entity consolidates significant ownership in the region.