Single Family Office

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Intermountain Management

Intermountain Management was founded in 1981 and has since concentrated entirely on one vertical: select-service and extended-stay hotels across the...

Intermountain Management

Intermountain Management was founded in 1981 and has since concentrated entirely on one vertical: select-service and extended-stay hotels across the United States. The firm's portfolio is composed of premium branded properties, including flags from the major international chains. Its model is deliberately narrow — it does not diversify into other real-asset classes or venture-style bets — which means capital allocation tracks the operational rhythm of the hotel cycle rather than a multi-asset rebalancing schedule. The firm pursues a fully integrated hotel strategy. It acts as a hotel developer, an owner-operator, and a third-party manager for outside hotel owners. Its current platform includes approximately 103 hotels nationwide, concentrated in the select-service and extended-stay segments but with some exposure to full-service and independent properties. Over four decades, Intermountain has developed in-house expertise that spans the preopening process for new-builds through to ongoing operations. The organization maintains offices in San Francisco, New York, Nashville, Boston, and its original Salt Lake City headquarters. Team size and total deployment figures are not publicly disclosed. The firm's geographic coverage is nationwide, with properties operating coast to coast. Its services extend to assuming management of existing hotels — a model that brings third-party asset owners into what the firm calls the Intermountain Family — and it markets a range of stand-alone owner services. No dedicated philanthropic vehicles or adjacent investment arms beyond the core hotel operating company were identified in available public information. Intermountain Management's structural differentiator is its durable, single-sector focus. In an era when many family-office-backed hospitality platforms have diversified into private credit, residential build-to-rent, or ancillary real-asset categories, Intermountain has remained a pure-play hotel owner-manager for over four decades. This architecture concentrates its sourcing advantage entirely around branded select-service real estate and makes the firm a known quantity for the major franchisors that supply its pipeline.

General information

Firm type

Single Family Office

Year founded

1981

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Salt Lake City

Corporate office

Salt Lake City, UT, United States

Additional offices

San Francisco · New York · Nashville · Boston

Sector focus

Real Estate

Frequently asked questions

Does Intermountain Management develop, own, or manage hotels?

It does all three. The firm acts as a hotel developer, an owner-operator on its own balance sheet, and a third-party manager for outside hotel owners. Its website states that clients can engage it for a range of third-party services, from assuming management of an existing hotel to guiding a new-build through the preopening process.

Which hotel segments does Intermountain Management focus on?

The firm specializes almost exclusively in select-service and extended-stay hotels, which are typically limited-service properties with lower labor models. Its portfolio is predominantly premium branded hotels — flags from the major international chains — though it also carries some full-service and independent properties.

Who controls investment decisions at Intermountain Management?

Public information on the current governance structure is thin. The firm was founded by DeeAnna Leech in 1981, and the website describes the organization as a family-style business, but named principals and current investment-committee composition are not publicly disclosed.

Does Intermountain Management invest outside of the United States?

No. All identified properties and offices are in the United States. The firm describes its portfolio as coast-to-coast nationwide, with no indication of hotel investments in Canada, the Caribbean, Europe, or other international markets.

How large is Intermountain Management's portfolio?

The firm's website states that it currently owns and/or manages approximately 103 premium branded hotels nationwide. No current total asset-value, revenue, or room-count figure is publicly published, and deployment numbers remain undisclosed.

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