Company Profile

Wealth Hospitality Group is a privately held hotel developer and owner headquartered in Ridgeland, Mississippi. Formerly known as Heritage Hospitality Group, the company develops and owns select-service and extended-stay hotels across multiple states.

Wealth Hospitality Group currently has at least 13 projects in active development, representing more than 1,500 rooms. Its development pipeline is led by upscale properties, which account for six of those projects, followed by midscale and upper midscale hotels. An additional four projects totaling more than 680 rooms are in delivery, including the 240-room Embassy Suites Southaven in Mississippi, a Hampton Inn in Jackson's Fondren Medical District, and a Home2 Suites in Biloxi. Among the active development projects tracked by Lodging Development are a Homewood Suites in Panama City Beach, Florida, and a StudioRes in Ridgeland, Mississippi.

The company's current ownership portfolio includes at least 25 open properties encompassing more than 2,790 rooms. Upscale hotels represent the largest share of the portfolio with 10 properties, complemented by nine upper midscale and six midscale hotels. As a developer, Wealth Hospitality Group has completed a substantial body of work across these same scale segments. The firm also serves as manager on select projects within its own development and ownership portfolio.

Wealth Hospitality Group operates across at least nine states, including Mississippi, Alabama, Arizona, Florida, Idaho, Louisiana, Oregon, Tennessee, and Texas, with primary market concentrations in Mobile, Alabama, and Tupelo, Mississippi.