Alpental Capital (“Alpental”), a hospitality investment group with offices in Colorado and Washington, announced the acquisition of the full-service DoubleTree by Hilton Leominster, Massachusetts in late December 2023.
Located just off I-190, the DoubleTree Leominster provides both business and leisure travelers convenient access to nearby businesses, attractions, and outdoor recreation throughout the Leominster-Fitchburg area. The hotel boasts 187 spacious guest rooms, nearly 15,000 square feet of modern meeting space, an indoor pool and fitness center, and an on-site restaurant and bar. Alpental plans to invest in significant property improvements to further elevate the guest experience and solidify the DoubleTree Leominster’s long-term position as a preferred hotel in the region.
“We are excited to add the DoubleTree Leominster to our growing portfolio,” said Greg Wilson, Managing Partner of Alpental Capital. “This off-market acquisition aligns perfectly with our strategy of investing in quality, premium-branded hotels in dynamic markets with strong in-place performance and growth potential.”
This strategic investment is the tenth hotel Alpental has purchased since mid-2021, as well as Alpental’s third DoubleTree hotel and second hotel located in the Northeast. Alpental is actively pursuing additional expansion opportunities in select markets throughout the country.
For more information on the DoubleTree Leominster, please call 978-534-900 or visit www.hilton.com/en/hotels/orhledt-doubletree-leominster/.