Tuesday, March 26, 2024
K9 Resorts Luxury Pet Hotel, a distinguished franchise brand in luxury boarding and dog daycare, proudly announced today a significant milestone – securing a strategic $10M investment from one of its esteemed multi-unit franchisees. Partners Pacific Resorts, LLC, a renowned franchise group with 30 K9 Resorts locations under its belt and affiliations with the esteemed hospitality group, Kerzner International, recognized the immense potential of K9 Resorts in revolutionizing the pet hospitality industry and made this substantial investment to propel its growth.
The executives at K9 Resorts view this investment as a resounding endorsement of their franchise model, exceptional franchisee support, and unparalleled pet care services. With over 165 resorts operating across 28 states and more in development, K9 Resorts stands at the forefront of luxury pet care franchises. The pet boarding industry is projected to reach $35.8 billion by 2031, with a steady annual growth rate of 6.4%, and K9 Resorts is well-positioned to dominate the luxury segment of this burgeoning market.
“In our 19 years of operation, K9 Resorts has carved its name into the top tier of pet care through our customized care and cutting-edge facilities,” said Jason Parker, Co-Founder and CEO of K9 Resorts Franchising, LLC. “With this strategic investment from Partners Pacific Resorts, K9 Resorts will continue to maintain and anticipate the exciting growth trajectory of the pet care industry. We are thrilled to deepen our relationship with Phil, Vanessa, Alan, and Chris, who are true trailblazers in the luxury hospitality industry, and look forward to working together to take K9 Resorts to the next level.”
Partners Pacific Resorts, comprising Vanessa Kerzner, Alan Leibman, Chris Leslie, and Phil Nisbet, brings a wealth of experience to the table, particularly in the luxury hospitality sector. Their investment underscores their confidence in the growth potential of K9 Resorts, backed by their extensive backgrounds in luxury hotel management and financial expertise. Leibman and Kerzner’s tenure at Kerzner International, renowned for its iconic Atlantis Resorts, attests to their ability to identify and nurture concepts with global appeal.
“Coming from backgrounds in the luxury hotel industry, we know first-hand how to identify concepts that will appeal to the masses and make the appropriate investments to take those businesses to the next level,” said Leibman. “Our commitment to the luxury pet hotel industry with K9 Resorts has cemented our belief that it has incredible growth potential in the coming years. We know the K9 Resorts brand intimately and believe its proven business model combined with elite services will project the franchise into becoming a household name.”
The addition of Philip Nisbet, co-founder of World Insurance Associates, LLC, to K9 Resorts’ board of directors further enriches the leadership team. Nisbet’s successful track record in franchising and business development, coupled with his one-year anniversary as a K9 Resorts franchisee, marks a significant milestone for the brand. His expertise will be invaluable in steering K9 Resorts towards continued success.
As K9 Resorts continues to expand its footprint, the brand remains committed to providing exceptional pet care experiences. With the backing of Partners Pacific Resorts and a seasoned board of directors, K9 Resorts invites prospective franchisees to join its mission in bringing luxury pet boarding and daycare to communities across the nation.
Saturday, April 27, 2024
