Industry Update
Press Release12 November 2020

Pivot Hotels & Resorts To Launch The Kimpton Harper Hotel In Fort Worth, Texas

Development Services Group selects Davidson Hotels & Resorts to manage new boutique hotel in historic landmark building, debuting spring 2021

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Davidson Hotel Corporation

Leading hospitality management company Davidson Hotels & Resorts has been tapped by Development Services Group (DSG, Inc.) to manage the Kimpton Harper Hotel, a new hotel slated for opening in spring 2021. Located in the heart of downtown Fort Worth, Texas, in close proximity to the Fort Worth Convention Center and Sundance Square, the 226-room Kimp ton Harper is operated by Davidson's lifestyle and luxury division, Pivot Hotels & Resorts, and housed within the historic Farmers and Mechanics National Bank landmark building, soaring 24 stories into the skyline. Upon completion, the centrally located hotel will feature Refinery 714, a penthouse bar and lounge with sweeping views of the plains; Il Modo, a vibrant, bustling restaurant and bar serving Italian fare with a modern sensibility; 10,000 square feet of meeting and event space; a rooftop observation deck with a 360-degree view of Fort Worth; and Kimpton's signature amenities that include evening social hour, morning coffee service and complimentary PUBLIC bicycles.

"We are excited to launch this vibrant new hotel in collaboration with our esteemed partners at DSG, Inc.," said Thom Geshay, president, Davidson Hotels & Resorts. "Leveraging the Pivot team's ability to be agile and nimble to adapt to modern business needs, we understand that great s ervice and profitability go hand-in-hand, and we look forward to developing unique and creative programming that will truly differentiate the Kimpton Harper."

"Building upon our foundational relationship, we were compelled to engage Pivot for this highly anticipated opening based on the team's extensive lifestyle pedigree through and through," said Gary Prosterman, president and CEO of DSG, Inc. "Pivot understands how to serve guests who desire a personalized social travel experience. We know that under the team's leadership and guidance, the Kimpton Harper will seamlessly encapsulate the dynamic, laid-back sophistication of Fort Worth in a meaningful way."

Fort Worth's history was shaped by cattle and oil, growing from a military garrison to a major trading post along the Chisholm trail to a booming oil town. Built in 1921, The Farmers and Mechanics National Bank building most recently served as the headquarters for XTO Energy. DSG acquire d the iconic historic building in November 2018 with a plan to complete an adaptive reuse of the office building into the Kimpton Harper, which stands as a shining example of the evolving city of Fort Worth. Once standing as the tallest building in Fort Worth for several decades, its design is a hallmark example of the Commercial or Chicago style of architecture that was popular during this boom era, symbolizing commerce, optimism and prosperity. Updated seamlessly for the 21st century, the renovation blends modern elements with the existing architecture, infusing
the urban icon with laid-back soul through luxury materials and subtle details.

For more information, please visit www.theharperfortworth.com.

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About Development Services Group, Inc.

Development Services Group is an established developer and operator of commercial real estate assets across the United States with a focus on adaptive reuse of historic buildings. An advocate and visionary for community stakeholders, DSG leads efforts that enhance communities, bring people together and provide outstanding returns on investments. With a multi-disciplined team of seasoned experts, DSG offers comprehensive and integrated support services for all aspects of real estate development and management through each phase from start to finish. For more information, visit www.dsginc.net.

About Pivot Hotels & Resorts

Pivot Hotels & Resorts is the lifestyle and luxury operating division of award-winning hospitality management company Davidson Hotels & Resorts. With a deep-rooted passion for continuous innovation, Pivot offers exceptio nal service delivery, revenue generation, integrated marketing and financial responsibility. Constituted by some of the most accomplished leaders in lifestyle hospitality and backed by Davidson's institutional proficiency in the industry, Pivot caters to today's experience-, adventure-minded traveler through approachable design, locally-inspired food and beverage, heartfelt service and one-of-a-kind experiences at each of its properties. Follow us on Instagram: @davidsonhotelsresorts and Twitter: @Davidson_Hotels. Like us on Facebook: DavidsonHotelsandResorts. Connect with us on LinkedIn: @Davidson_Hotels_and_Resorts.

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Kimpton

San Francisco-based Kimpton Hotels & Restaurants is a leading collection of boutique hotels and restaurants and the acknowledged industry pioneer that first introduced the boutique hotel concept to the United States.
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Pivot Hotels l Resorts

Pivot Hotels & Resorts is the lifestyle and luxury operating division of award-winning hospitality management company Davidson Hotels & Resorts. With a deep-rooted passion for continuous innovation, Pivot offers exceptional service delivery, revenue generation, integrated marketing and financial responsibility.
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About Davidson Hospitality Group

Davidson Hospitality Group is an award-winning, full-service hospitality management company comprised of 61 existing hotels and resorts; more than 150 restaurants, bars and lounges; and nearly 1.5 million square feet of meeting space across the United States. A trusted partner and preferred operator for Hilton, Hyatt, Kimpton, Marriott, and Margaritaville, Davidson offers a unique entrepreneurial management style and owners' mentality that provides the individualized personal service of a small company, enhanced by the breadth and depth of skill and experience of a larger company. In keeping with the company's heritage of delivering value, Davidson is comprised of four highly specialized operating verticals: Davidson Hotels, Pivot, Davidson Resorts and Davidson Restaurant Group. For more information, visit www.davidsonhospitality.com. Follow us on Instagram: @davidsonhospitality and Twitter: @DavidsonHospGrp. Like us on Facebook: @DavidsonHospitalityGroup. Connect with us on LinkedIn: @DavidsonHospitalityGroup

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