WESTERLY — Watch Hill Properties (WHP), a real estate broker company, has announced it has assigned its rental program to Ocean House Management (OHM), the operator of the Forbes five-star Ocean House Hotel and Weekapaug Inn, both Relais & Chateaux properties, an internationally recognized luxury brand.
“It’s a dream come true,” said Peter Catalano, WHP president.
In 2007, WHP developed a voluntary rental program specifically created for a “pool” of furnished residential condominiums at 38-44 Bay St., marketed as the Watch Hill Inn Residences, which consist of three buildings: the Watch Hill Inn, the Harbor View and the Bayside.
In acquiring the rental program, OHM plans to operate the property under the brand name Watch Hill Inn, offering luxury seaside accommodations ranging from 650 to 4,000 square feet in a combination of one to four bedrooms. Guests will be afforded all the amenities and services offered at the Ocean House and Weekapaug Inn, including private beach access, croquet court, full spa facilities, indoor lap pool, shuttle services between the venues, in-room complimentary light breakfast and evening cocktails, twice-daily housekeeping, daily events, and more.
The assignment has inspired the developer to pledge and undisclosed sum to fund 18 interior upgrades and landscape work,.
“I’m proud to align with Ocean House management and its affiliated properties in restoring Watch Hill to its glory days,” Catalano said. “The preservation of these magnificent architectural structures was an achievement consistent with my original plans and we have come full circle.”
WHP will continue its operations as on-site property manager and real estate broker for sales of Watch Hill Inn residences.
“We are extremely excited to embark upon this partnership with the Watch Hill Inn,” said Daniel Hostettler, OHM president. “This new property, which will feature suites and duplexes with a modern coastal design, will the perfect complement to the Ocean House, as it will appeal to a younger clientele looking for a longer length of stay.”