Acquisitions

/Acquisitions

Acquisitions

Waramaug Acquires 279-Key Embassy Suites by Hilton Dallas, Texas

Waramaug Hospitality | July 24, 2019

July 24, 2019, Boca Raton, FL — Waramaug Hospitality, a private investment group focused on acquiring legacy branded assets throughout the United States, announced today the acquisition of the Embassy Suites by Hilton Dallas Park Central Area located in Dallas, Texas. The 279-suite hotel features spacious two-room suites with separate living and sleeping areas, free Wi-Fi, fitness and business center, indoor pool along with complimentary breakfast and nightly manager’s receptions. With approximately 7,800 square feet of flexible meeting space, the property is perfectly positioned to host corporate and social events. Its 4,300 Metroplex...

Rockbridge Acquires 320-Room Hilton Knoxville Hotel in Tennessee

Rockbridge | July 24, 2019

Columbus, OH (JULY 24, 2019) – Rockbridge today announced the acquisition of the 320-room Hilton Knoxville Hotel located in the heart of downtown Knoxville, Tennessee. PM Hotel Group will manage the property. The hotel is ideally located adjacent to the Knoxville Convention Center and within walking distance of the University of Tennessee and Neyland Stadium. It is also close to many attractions, including the Knoxville Museum of Art and historic Market Square. Its proximity to downtown Knoxville provides guests with easy access to a variety of historic landmarks, a vibrant arts, theatre and culinary scene, and a short drive to the Great...

Naumi Hotels Acquires Second Queenstown Hotel – Central Ridge Boutique Hotel

Naumi Hotels | July 15, 2019

London, 15July 2019 – Naumi Hotels, Singapore-based private hotel owner and operator is pleased to announce it has acquired another hotel in Queenstown – Central Ridge Boutique Hotel. This comes on the back of its recent acquisition of The Dairy Private Hotel, also located in Queenstown. “To have not just one, but now two hotels in Queenstown city centre reinforces our commitment to bringing Naumi to tourism hotspots in New Zealand. We are immensely proud to have secured this deal which will increase our brand awareness in the South Island and further bolster the Group’s growth in major cities around the world,” said Gaurang Jhun...

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