Nantucket continues to be a huge source of tourism in the US and Nantucket Island Resorts continues to lead the way in hospitality and experience. Here, Managing Director Khaled Hashem talks to RLI about the company’s current portfolio and its plans for future growth.
An historic American island in Massachusetts, Nantucket has become a hugely popular tourist destination and summer colony, and has the highest median property value anywhere in the state.
At the forefront of the island’s hospitality offering is Nantucket Island Resorts, a collection of unique holiday properties, privately owned and managed; each property offers the guest a different experience and all are highly rated, both nationally and internationally. Its five properties – The White Elephant Hotel & Residences, The Wauwinet, The Jared Coffin House, The Cottages at the Basin and The Boat Basin marina – are all situated on the island.
The White Elephant Hotel Residences, the company’s most recent opening, is an extension of the White Elephant Hotel, offering 30 one-, two- and three-bedroom luxury properties geared towards family and generational travel.
Following the success of the White Elephant Hotel Residences. Nantucket Island Resorts is adding 20 new units, mostly suites, a new lobby, concierge and
“We have fantastic owners who have been involved on Nantucket for over 30 years,” explains Managing Director Khaled Hashem. “We continue to invest a tremendous amount of capital in all of our products in order to enhance the guest’s experience. We also cater to more and more families and have partnered with other entities to offer unique experiences, such as Hinckley Yachts.”
Each property is unique and differs in character from the others that the portfolio is perfectly geared to meet the needs of different markets.
“We are fortunate to have four of our five properties rated at the top of the ratings, both in the USA and world-wide, by Travel & Leisure and Condenast Magazines,” he explains. “The Wauwinet, for example, is a small boutique hotel and part of Relais and Chateaux, and I would say that this is the most popular with the UK market.”
Interestingly, the company is reaching out to new markets, having done so in the UK several years ago, with a particular
focus on Germany and, with the advent on non-stop flights from Boston, Tokyo.
“It takes time to develop and nurture a new market, so we are not rushing things,” says Hashem. “PR has played a huge part of
what we are doing to gain awareness in the UK and US, and we have seen great results from our campaigns there.”
For the full article, please see the May 2012 issue.