Pendry Hotels and Resorts was founded in 2014 by Alan and Michael Fuerstman as a subsidiary of Montage Hotels & Resorts.

Its first hotel was opened in San Diego's Gaslamp Quarter in February 2017,[1] a project that began in 2014.

[3] It opened its seventh location in 2022, a 131-room hotel in Washington DC.

It also has a residential component at various properties, including Pendry Residences West Hollywood where a condo sold for $21.5 million in 2022.

[5] As of 2022, it operates seven properties in locations that include San Diego,[6] Baltimore, West Hollywood, Chicago, New York City, Park City, and Washington D.C.[7]