SHELTON, CT. – – (July 9, 2019) – – New Castle Hotels & Resorts (NCH) announced today that it has entered into a long-term agreement to manage the 168-room Holiday Inn Saratoga Springs on behalf of JLK Global Fund International, a Canadian investment group that also partnered with NCH on the development of the dual-brand Residence Inn/ Courtyard by Marriott opening in Dartmouth, Nova Scotia later this month.
The Holiday Inn occupies a prominent location along Broadway and Congress Park in the historic downtown district of Saratoga Springs, New York.
“The full-service hotel and conference center was developed, owned and managed for over 50-years by a dedicated group of local citizens, who positioned the property at the heart of the community,” said Julian Buffam, partner of NCH. “We look forward to embracing that close relationship with the community while enhancing the guest experience and overall hotel performance with proven operational strategies and further capital improvements.”
“NCH’s reputation for maximizing operational results and respecting and cultivating relationships within the communities in which they operate made them the perfect management partner for this hotel,” said Fred George, president and CEO of JLK Global Fund International.
The addition of the Holiday Inn Saratoga Springs brings another brand family to NCH’s growing portfolio of upper-midscale to upper-upscale properties in urban, super-suburban, and major resort locations. Earlier this year, NCH added Choice Hotels to its mix of brand partners with the opening of the Cambria Charleston Riverview.
The Holiday Inn Saratoga Springs is located within a short walking distance to major attractions including the storied Saratoga Race Track, Canfield Casino, and Saratoga Performing Arts Center (SPAC). Leisure and business travelers alike appreciate the hotel’s walkable location and unique amenity offerings, including the only outdoor pool in the market and the largest ballroom outside the Saratoga Convention Center.
The Holiday Inn Saratoga Springs (an IHG Green Engage Level 1 hotel) features Bookmakers, a three-meal restaurant, bar and lounge with an outdoor patio and fire pit, as well as 9,000 square feet of flexible meeting space suitable for hosting events up to 800 people. Complimentary amenities include in-room Wi-Fi, a heated indoor and outdoor pool, an extensive fitness center, and a 24-hour business center.