 |
|
|
|
|
|
Suites Brentwood from Hilton Hotels Corporation for $6.5 million |
.
| Edmonds, Wash. � June 16, 2005 - The Hotel Group announces the
purchase of the Hilton Suites Brentwood, a 203-room, full-service, all-suite
hotel eight miles south of Nashville, Tenn. The hotel was purchased
from Hilton Hotels Corporation for $6.5 million.
The four-story Brentwood Hilton is located at 9000 Overlook Drive, in Brentwood. Each 550-square foot suite features a living and bedroom, with a sofa sleeper and two televisions, and an oversized bathroom. The hotel features meeting space, indoor heated swimming pool, whirlpool, and sauna, in addition to a restaurant and bar in the atrium lobby. �The Hilton Suites Brentwood is a great example of our aggressive acquisition strategy with The Hotel Group�s Opportunity Funds,� said Doug Dreher, president of The Hotel Group. �This acquisition represents the fifth asset � the second this year � purchased through the Opportunity Fund. We invest a great deal in each property we acquire in order to have it perform at the highest possible level for our guests and our investors.� The hotel will remain part of the Hilton family and will undergo a $3.5 million renovation, which will include the renovation and redesign of all public spaces, including the lobby, hallways and grounds, a new restaurant and lounge concept, and the addition of complementary wireless Internet access. The rooms will be refurbished as well, including all furnishing and soft goods. Two floors will be converted to Hilton HHonors floors including the addition of a new concierge lounge. �The Hilton Suites Brentwood is where I began my career in the hotel industry and remains close to my heart,� said Lara Latture, vice president of The Hotel Group, who 11 years ago served as corporate sales manager at the hotel. �Our vision is to take this hotel to the next level, making this the preferred hotel in the region.� The hotel will remain open during all phases of construction. For more information regarding the Hilton Suites Brentwood, please contact Lara Latture at [email protected] or call 615-370-0111, or visit www.hilton.com Established in 1984, The Hotel Group, Inc. owns and manages 30 properties in 11 states including Alaska, California, Colorado, Connecticut, Washington, Texas, Arizona, Oregon, Idaho, Montana and Tennessee. The company currently has 14 different franchise brands in its portfolio including Hilton, Marriott, Radisson, Holiday Inn, Sheraton and Hampton Inn. The Hotel Group is headquartered in Edmonds, Wash. with offices in Scottsdale, Ariz., Spokane, Wash., and Nashville, Tenn. |
| Contact:
Sara L. Raquet
|
| Also See: | The Hotel Group, Inc. Acquires the San Antonio Airport Doubletree Club; Reflags to Radisson / October 2003 |
| The Hilton Knoxville Acquired by The Hotel Group, Inc. / Mar 2003 |