AJ Capital Partners | February 17, 2020
Chicago-based real estate developer purchases second property in Scotland with plans to renovate and reopen with updated guest rooms and food and beverage offerings Chicago, Ill. – Adventurous Journeys (AJ) Capital Partners announced today that it has acquired the Macdonald Marine Hotel & Spa in North Berwick, Scotland. The 83-key hotel will undergo extensive renovations starting in fall 2020. Once completed in spring 2021, the reimagined hotel will debut with 89- keys, two food and beverage concepts, expansive meeting and event space and an indoor-outdoor spa and fitness center. “Our team is humbled by the opportunity to create...
AJ Capital Partners | November 20, 2019
Oxford, England – Graduate Hotels, owned by Adventurous Journeys (AJ) Capital Partners, announced today that it has acquired the Macdonald Randolph Hotel in Oxford, England. This marks the second Graduate Hotels property to launch outside of the United States, following the announcement in July 2019 of the forthcoming Graduate Cambridge. Renovations will begin in fall 2020, and the 151-key hotel will open as Graduate Oxford, part of the Graduate Hotels collection, in early spring 2021. Additionally, AJ Capital acquired the Rusacks Hotel, from the Macdonald Hotels & Resorts portfolio, in St Andrews, Scotland. Created for travelers who...
AJ Capital Partners | July 1, 2019
Chapel Hill, N.C. – Adventurous Journeys (AJ) Capital Partners announced today that it has acquired The Franklin Hotel in Chapel Hill, North Carolina. The hotel will run independently as The Franklin Hotel prior to and during renovations, which will begin in January 2020. Once completed in April 2020, the five-story, 70-key hotel will debut as Graduate Chapel Hill, part of the Graduate Hotels® collection. Prominently positioned on Franklin Street, the bustling main thoroughfare of downtown Chapel Hill, the hotel will offer direct access to the city’s top restaurants, bars and shops, as well as the picturesque University of North Carol...
AJ Capital Partners | November 6, 2018
Columbia, Sc. – Adventurous Journeys (AJ) Capital Partners announced today that it has acquired The Inn at USC in Columbia, South Carolina. In spring 2019, the hotel will undergo a comprehensive renovation to become part of the Graduate Hotels® collection. The hotel will remain open during renovations and will be completed in fall 2019. The 116-room hotel is in downtown Columbia and walking distance to University of South Carolina's campus. Ideally located on Pendleton Street in Columbia's historic University Hill neighborhood, the hotel is adjacent to the University of South Carolina's main campus, including the famed Horsesh...
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