San Francisco, CA – June 8, 2021 - RobertDouglas advised Collective Retreats, an experiential travel company that develops and operates luxury retreats in special and often secluded locations, in raising a $23 million Series C growth funding round led by New York-based investment firm Fireside Investments, popular outdoor marketplace Outdoorsy, and several existing investors. In addition, Collective Retreats is also entering a new strategic partnership with Outdoorsy, which will combine Collective’s outdoor hospitality expertise and innovative guest experience programming with Outdoorsy’s technology platforms and global reach.
“We are pleased to report substantial capital seeking to invest in the hospitality sector, which should spur transaction activity as the year progresses and into 2022,” said Doug Hercher, RobertDouglas Principal & Managing Director. “In addition, the rapidly emerging outdoor hospitality space, which is resuming its pre-COVID-19 excitement, continues to attract venture capital.”
RobertDouglas is a real estate investment banking firm with offices in New York, Nashville, Los Angeles, and San Francisco that specializes in the sale, financing, and equity capitalization of hotel, resort, and gaming properties throughout North America. Founded by two of the hotel industry’s pre‐eminent finance professionals, Rob Stiles and Doug Hercher, RobertDouglas offers exceptional domestic and international institutional investor and lender relationships. RobertDouglas combines the capital markets sophistication of top-tier investment banks with detailed hotel underwriting and asset management experience, providing the firm with unique capabilities in an underserved market. For more information, contact info@robert‐douglas.com or go to www.robert-douglas.com.