Peregrine Hospitality Expands Portfolio with Tiburon and Los Gatos Acquisitions

Peregrine Hospitality, a national full-service owner-operator with a growing footprint in California, just added two Bay Area properties to its portfolio: The Lodge at Tiburon and the Toll House Hotel in Los Gatos. The company didn’t share terms, but it’s clear these acquisitions push Peregrine deeper into high-demand leisure and corporate travel markets around the Bay.

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Bay Area footprint expands with two boutique and full-service properties

The Lodge at Tiburon sits on three scenic acres overlooking San Francisco Bay. It has 104 guest rooms, many with private balconies, plus a flexible 10,000 square feet of meeting space—about half of that indoors.

The Toll House Hotel sits in the historic downtown of Los Gatos. It’s a 115-key boutique property that finished a renovation back in 2021.

Guests at Toll House get 6,300 square feet of indoor and outdoor meeting space, a fitness center, business center, and on-site dining options. Peregrine’s CEO Greg Kennealey called the acquisitions a natural fit with the company’s strategy to elevate guest experiences and deliver long-term asset value.

He pointed out that Tiburon and Los Gatos are “high-demand markets” drawing both leisure and corporate travelers year-round, which lines up well with Peregrine’s other hotels.

The Lodge at Tiburon: Bay-view setting, 104 rooms, substantial meeting space, and close to Marin towns like Tiburon, Belvedere, and Mill Valley.
The Toll House Hotel: 115-key boutique in downtown Los Gatos, renovated in 2021, with robust indoor/outdoor meeting space and dining options.

What this means for travelers and the region

For folks visiting Marin County, there are now more consistent, high-caliber options for both weekend escapes and midweek corporate retreats. Residents of Sausalito and Mill Valley might notice enhanced guest experiences that draw Bay Area visitors up and down the coast.

Think longer ferry seasons from Tiburon to San Francisco, plus sidelong detours into Larkspur and Corte Madera for after-work dinners and greenbelt strolls. In Los Gatos, the Toll House’s lively downtown could see a boost from Peregrine’s management, bringing new programming and a fresh take on service right in the heart of Silicon Valley’s wine-country corridor.

In Marin, waterfront locations near ferry landings set the stage for cross-promotions with nearby hotels, B&Bs, and outdoor attractions from Point Reyes to the Marin Headlands.

Local impact and the Marin hospitality ecosystem

This move strengthens Peregrine’s ability to offer cohesive experiences across the Bay Area. That’s good news for Marin’s hospitality scene, including Tiburon’s waterfront restaurants, Sausalito’s art galleries, and San Rafael’s convention venues.

With The Lodge at Tiburon’s three-acre campus and the Toll House’s downtown spot, Peregrine can attract both leisure travelers looking for a Bay Area getaway and corporate groups planning meetings near San Francisco and Silicon Valley.

Economic vitality could get a lift for Marin’s lodging supply. Higher occupancy tends to ripple through local businesses—from Marinship District eateries in Tiburon and ferry-adjacent boutiques in Sausalito to wine-tasting rooms along the Santa Cruz Mountains corridor via Los Gatos.

What travelers should know about the new era in Marin and the Valley

– You’ll find higher service standards and curated programming that mixes Peregrine’s national brand with the unique vibe of Tiburon and Los Gatos.
– Meeting and event options are getting a boost, designed for tech conferences, weekend retreats, and those dreamy coastal weddings along the San Francisco Bay or in the Santa Cruz foothills.
– Local collaboration is still going strong. Marin County’s hospitality scene thrives on partnerships with nearby suppliers, chefs, and waterfront vendors, so expect that lively connection between Tiburon, Sausalito, Mill Valley, and downtown Los Gatos.

For anyone from San Rafael to Fairfax and farther out, these changes mean a more local, Bay Area–focused hospitality experience. It’s a blend of regional flavor and that invitation to hang out a little longer in the Marin sunshine. And honestly, with summer crowds rolling in and business events stacking up, Tiburon and Los Gatos feel like they’re about to become even bigger stops on the Marin–Valley travel map.

Here is the source article for this story: Peregrine Hospitality Acquires Tiburon, Los Gatos Properties

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Joe Harris is the founder of MarinCountyVisitor.com, a comprehensive online resource inspired by his passion for Marin County's natural beauty, diverse communities, and rich cultural offerings. Combining his love for exploration with his intimate local knowledge, Joe curates an authentic guide to the area featuring guides on Marin County Cities, Things to Do, and Places to Stay. Follow Joe on Facebook, Twitter, and Instagram.