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Foster Supply Hospitality
Foster Supply Hospitality was founded by Sims Foster, whose family background includes ownership of Foster Supply, a regional hardware and building-supply...
Foster Supply Hospitality
Foster Supply Hospitality was founded by Sims Foster, whose family background includes ownership of Foster Supply, a regional hardware and building-supply chain founded by his father in the 1970s. The firm evolved out of that family enterprise, but the exact founding year for the hospitality arm is not publicly disclosed. The firm owns and operates four boutique hotels and a restaurant in New York’s Catskills region. Properties include Kenoza Hall (opened 2018 after a historic inn restoration), Hemlock Neversink (opened 2023, named by Conde Nast Traveler as one of the most exciting fall hotel openings of 2023), The Arnold House, and The DeBruce — which was named a James Beard Foundation semifinalist for Outstanding Restaurant in 2024. A standalone restaurant, Otto’s in Liberty, NY, rounds out the portfolio. All properties are concentrated within a 15-mile radius. The firm describes itself as community-rooted and emphasizes offline, analog guest experiences. Sims Foster is the sole named principal. No office count, team size, or AUM figure is publicly available. The firm does not disclose whether it uses external capital or operates solely on family equity. One known operational event: June 2024 — Foster appeared on the podcast "After The First Million" to discuss building community while growing a company. James Beard Foundation nominations in 2024 (Outstanding Restaurateur and Outstanding Restaurant — The DeBruce) provide a recent quality marker. Foster Supply Hospitality’s structural differentiator is its hyper-local, single-region portfolio built from historic restorations. Unlike many hospitality groups that scale via management contracts or franchising, the firm owns and operates all its properties directly. Its origin inside a family hardware business is unusual for boutique hospitality, and the deliberate analog posture (handwritten notes, no keyless app) distinguishes it from tech-forward competitors.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Livingston Manor
Corporate office
Livingston Manor, NY, United States
Principals
Sims Foster
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Foster Supply Hospitality?
Sims Foster is the founder and sole named principal. He oversees the firm’s hospitality operations and strategy, including property acquisitions and renovations, as indicated by the firm’s website.
How does Foster Supply Hospitality source its properties?
The firm acquires and restores historic buildings in the Catskills region. Kenoza Hall reopened in 2018 after a full renovation of a former 19th-century inn, and Hemlock Neversink opened in 2023 after a similar restoration. The firm’s portfolio remains concentrated within a 15-mile radius.
Is Foster Supply Hospitality a single-family office or a private equity vehicle?
The firm does not publicly disclose its capital structure. It presents itself as a family-owned hospitality group. No external investment partners or limited partners have been named, which is consistent with a single-family office model.
What investment stages does Foster Supply Hospitality typically target?
The firm focuses on direct ownership and operation of boutique hotels and restaurants. It has not disclosed any activity in fund commitments, co-investments, or other institutional investment structures.
Which sectors does Foster Supply Hospitality explicitly avoid?
The firm does not publicly discuss sectors it avoids. Its disclosed activities are confined to hospitality and real estate within the Catskills region.
What is the relationship between Foster Supply Hospitality and the Foster family’s hardware business?
Sims Foster’s father founded Foster Supply, a regional hardware and building-supply chain, in the 1970s. The hospitality firm shares the Foster name but operates independently, focusing on lodging and restaurants rather than building supplies.
Does Foster Supply Hospitality maintain philanthropic structures, and how are they separated?
The firm does not publicly disclose any philanthropic arm or foundation. Its community involvement appears to be operational, through events and partnerships with local farmers and artisans at its properties.
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