Founded by David Buffam with an emphasis on turn around acquisitions, New Castle expanded its capabilities in 1988 when Gerry Chase joined New Castle as chief operating officer.
Today, New Castle is known for both exceptional expertise in management and operations and a history of successful participation in profitable acquisitions and development projects. Over the years – and in the face of multiple economic cycles and rapid industry evolution – New Castle has remained nimble, demonstrating an ability to evolve and adapt to a changing landscape while maintaining the patience, tenacity, and integrity that have always characterized its professional practice. Along the way, David and Gerry have built an outstanding team of best-in-class managers and associates and established a company culture built on respect, trust and loyalty.
New Castle consistently ranks among the top 100 US hotel management and development companies in industry trade publications, and works in close partnership with many of the industry’s leading brands. After more than 30 years, the company continues to pursue strategic growth opportunities that extend its reach and portfolio, align with its corporate values, create exciting opportunities for partners and employees, and deliver exceptional experiences to guests.