Thursday, March 11, 2021

The Shore House Hotels secures round of funding; announces expansion of portfolio with new boutique hotel and swim club at the Jersey Shore


The company will open a contactless 21-unit, apartment-style hotel featuring its first hip, outdoor private swim club for the 2021 summer shore season...

PRESS RELEASE

North Wildwood, NJ - The Shore House Hotels, the popular new digitally-driven boutique hotel company based at the Jersey Shore, announced Wednesday that it has closed a private, multi-million dollar fundraising and completed the acquisition of the Sandpiper Motel at 1600 Ocean Avenue in North Wildwood.

The property at 1600 Ocean Avenue, formerly known as the Sandpiper, will undergo a complete design and branding overhaul prior to its opening this summer as The Shore House Hotel and Swim Club - North Wildwood. 

While the team will preserve the structure and retro spirit of the 1960's mid-century motel, the 21 pet-friendly units will feature a fresh mid-century-meets-coastal chic aesthetic designed by founder and hotelier Kevin Reardon. The 20-foot heated, salt-water pool will be a focus of the experience and boast private cabanas, fire its and designer floral installations.


Looking to new growth opportunities around curated events and experience-making as the world emerges from the pandemic, The Shore House has also tapped Peter Zingoni as a new strategic partner. Mr. Zingoni is a veteran of the convention, tourism and hospitality industries, and is a former professional hockey player with the Philadelphia Flyers organization. 

The Shore House made a splash onto the lodging scene a few years ago with its forward-thinking model that leverages cloud-based technology to operate its properties.

Highlights of the Shore House Hotel and Swim Club include:
  • 100 percent digital check-in, check-out, billing and communication with property
  • Apartment-style units with full kitchens and living areas
  • Luxury Italian linens, organic bath products and The Shore House plush custom bed
  • Complimentary beach gear, pool access, grills, fire pits and cruiser bikes
  • Curated outdoor events space with communal activities and entertainment

Philadelphia native and founder of The Shore House, Kevin Reardon, added:

"We are excited to grow our footprint in the North Wildwood community, and for our new partner in Mr. Zingoni. Our vision is for the Shore House to be woven into our community's narrative; where we can be agents for positive transformation not only in the properties we imagine, but also the lives of our guests, their families and our team members."

Fred D'Antonio of Shore Points Realty brokered the transaction. Sturdy Savings Bank of New Jersey provided financing on the acquisition, and Philadelphia-based Spruce Law advised the Company.


About The Shore House Hotels

The Shore House is a digitally-driven and vertically-integrated hotel company. The company owns and operates its own portfolio of boutique, lifestyle apart-hotels. Build on its own bespoke technology platform, the company's hotels operate 100 percent on mobile devices and provide guests a modern, contactless experience where engagement with a hotel host is only a text message away.


For additional info, visit: www.stayshorehouse.com

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