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New Generation Hospitality Acquires the Somerset Hills Hotel in Warren, NJ,
 the Inn @ Somerset in Baskin Ridge, NJ,  and the Four Points
by Sheraton in Allentown, PA 
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Plans to Brand the Inn at Somerset Hills as a Hotel Indigo
April 9, 2007 – New Generation Hospitality (NGH) announced today that it has completed the acquisition of the Somerset Hills Hotel in Warren, NJ and the Inn at Somerset Hills in Basking Ridge, NJ.  In addition to this acquisition, NGH also acquired the Four Points by Sheraton Hotel and Suites Allentown Jetport, Allentown Pa. at the Lehigh Valley Airport. 

"We are very excited to acquire these prestigious hotels in such high barrier to entry markets," said Sujal Mehta, CEO, NGH. "The Somerset Hills hotels in particular are located in a dense corporate community comprised of major Fortune 50 companies and in the heart of the nation’s pharmaceutical sector. We intend to renovate and improve these hotels to better serve the corporate and leisure traveler and provide memorable guest experiences," continued Mehta. 
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Somerset Hills Hotel 
200 Liberty Corner Rd. 
Warren NJ
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As part of NGH’s plan, the company will seek to brand the Inn at Somerset Hills as a Hotel Indigo, the exciting new boutique concept initiated by IHG, which is geared specifically toward providing guests with an enhanced hotel experience. 

“These hotels have a tremendous amount of history and charm.  We believe that these hotels will prove to be the cornerstone of the future of our development” said Ashok Dhabuwala, Chairman, NGH. 

The Somerset Hills Hotel contains 111 well-equipped guestrooms including two king suites and one Grand Suite, 7000 square feet of meeting space and the very popular Tap Room Restaurant and Bar. The Inn at Somerset Hills contains 112 guestrooms including three Junior Suites, and three King Suites, 2,500 square feet of meeting space as well as the Dead River Pub. 

About New Generation Hospitality 

New Generation Hospitality is a rapidly growing hotel Acquisition company based in S. Plainfield, New Jersey.  NGH is a newly formed partnership between nationally recognized New York hotel developer Dr. Ashok Dhabuwala, along with Sujal Mehta, Sonny Patel, and Ram Patel.  The Hotel Management Division of NGH, New Generation Hotel Management, is headed by Kevin Mahoney, President NGHM.  The company is targeted to grow its asset base by over $200 million over the next 12 months through new development projects in the New York City market and strategic acquisitions of assets in high barrier to entry markets. 
 

Dr. Ashok Dhabuwala – Chairman of the Board is a nationally known figure in the Asian American hotel industry. He has been one of the lead developers in the highly competitive New York City market and has considerable assets at JFK Airport, Manhattan, Queens, and Brooklyn totaling over $300 million. Most recently he and his partners were named Developers of the Year by Intercontinental Hotels Group.

A semi-retired physician, he partially left the practice of medicine to concentrate on hotel operations and development and in addition to his NYC presence has acquired, managed, and sold over $200 million in assets over the past ten years.

 

Contact:

Bill Toole
Vice-President, New Generation Hospitality
btoole@nghotels.com
(561) 289-4525
http://www.nghotels.com

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Also See: Newly Constructed La Quinta Inn Opens in Jamaica, N.Y., Owned by Ashok Dhabuwala / Aug 2001
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