Hotel Development Partners

About Hotel Development Partners

Hotel Development Partners is a real estate operator headquartered in Suite 622 Atlanta, Georgia 30328 United States.

Hotel Development Partners (HDP), founded in 2011 and headquartered in Atlanta, Georgia, is a joint venture between Hotel Equities and IRE Capital focused on acquiring and developing premier-branded, select‑service hotels. The leadership team includes Chairman Robert J. McCarthy (38 years at Marriott before retiring in 2014) and CEO Allen T. O’Brien. HDP’s Investment Fund I included a portfolio of 12 hotels totaling 1,225 rooms across Atlanta, Charleston, SC, and Miami Beach, including 10 Marriott‑branded select‑service properties. Fund I closed with 13 hotels (1,309 rooms) and total capitalization of US $187 million, combining acquisitions, renovations, and ground‑up development. Recent activity includes development of a 115‑room Courtyard by Marriott in Alpharetta, GA (Fund II) completed in January 2019, and a 155‑room Residence Inn by Marriott in Jacksonville (Fund III), opened May 21, 2021.

Principals at Hotel Development Partners

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