aj capital partners

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aj capital partners

AJ Capital Partners Expands Internationally With Acquisition of DoubleTree by Hilton Hotel Cambridge City Centre in England

AJ Capital Partners | July 24, 2019

Cambridge, England - Adventurous Journeys (AJ) Capital Partners announced today that it has acquired the DoubleTree by Hilton Hotel Cambridge City Centre in Cambridge, England. This marks the first Graduate Hotels® property to debut outside of the United States. The hotel will continue to operate as DoubleTree by Hilton until the end of the year. Renovations will begin in early 2020, and the 148-key hotel will debut as Graduate Cambridge, part of the Graduate Hotels collection, in summer 2020. Created for travelers who seek memory-making journeys, Graduate Hotels is a thoughtfully crafted collection of hotels that reside in the most dynam...

AJ Capital Partners Plans Fall 2020 Opening of Graduate Hotel in Tuscon, Arizona

AJ Capital Partners | July 3, 2019

Tucson, Ariz. – Adventurous Journeys (AJ) Capital Partners announced today its plan to open Graduate Tucson, part of the Graduate Hotels® collection, in Tucson, Arizona. The 14-story, 164-room ground-up hotel development will be located on 2nd Street, just off Park Avenue and University Boulevard. The hotel will be part of a mixed-use development that includes retail, residential apartments and a public plaza slated to open in fall 2020. Prominently located just steps from the University of Arizona, Graduate Tucson will be in the heart of Main Gate Square and the campus restaurants, shops and office space making it the perfect offering ...

AJ Capital Partners Acquires 112-Key Hilton Garden Inn Across From University of Tennessee

AJ Capital Partners | May 13, 2019

Knoxville, Tenn. – Adventurous Journeys (AJ) Capital Partners announced today that it has acquired the Hilton Garden Inn on Cumberland Avenue across from the University of Tennessee. The hotel will operate independently as The Volunteer Hotel prior to and during renovations, which will begin in December 2019. Once complete in spring 2020, the 112-key hotel will debut as Graduate Knoxville, part of the Graduate Hotels® collection. Saloon 16, opening in partnership with University of Tennessee graduate and former NFL quarterback, Peyton Manning, will bring a western-inspired, high-end watering hole to Graduate Knoxville. The nam...

AJ Capital Partners Acquires The Lumen Hotel in Dallas, Texas

AJ Capital Partners | April 22, 2019

Dallas, Tex. – Adventurous Journeys (AJ) Capital Partners announced today that it has acquired the Lumen Hotel in Dallas, Texas. The hotel will continue to operate independently as the Lumen Hotel while undergoing renovations. Once complete in spring 2020, the property will debut as Graduate Dallas, part of the Graduate Hotels® collection. Following the renovation, the hotel will offer 95 guestrooms, a communal lobby, Poindexter coffee shop, a reimagined restaurant and bar, rooftop lounge and upgraded pool courtyard. Originally constructed in 1963, the four-story building has long served Southern Methodist University and the n...

AJ Capital Partners Acquires Atherton Hotel in State College, Pennsylvania, to Become a Graduate Hotel

AJ Capital Partners | October 25, 2018

State College, Pa. – Adventurous Journeys (AJ) Capital Partners announced today that it has acquired the Atherton Hotel in State College. The hotel will operate independently while renovations take place. Once complete in fall of 2019, the hotel will be converted to Graduate State College, part of the Graduate Hotels® collection. The 150-room hotel is conveniently located in downtown State College, just a few blocks from The Pennsylvania State University's campus. Prominently situated on Atherton Street, the hotel is a short walk from Old Main and the sprawling Penn State University Park campus, and just steps from College Ave...

AJ Capital Partners Appoints Two Key Executives to Graduate Hotels Acquisitions and Development Team

AJ Capital Partners | October 2, 2018

Chicago, Ill. – AJ Capital Partners ("AJ") today announced two key additions to its Graduate Hotels® acquisitions and development team. Phillip Allen joins as its Chief Development Officer for International Markets and Pedro Zevallos joins as Senior Vice President, Development for University Partnerships. Phillip Allen most recently served as the Chief Development Officer for 21c Museum Hotels where he was responsible for the growth of the brand and real estate platform and helped orchestrate the company's recent sale to Accor Hotels. Prior to his time at 21c, Phillip served as General Counsel for a division of Yum! Brands and...

UConn, Graduate Hotels® to Enter Deal for Purchase of Nathan Hale Inn

AJ Capital Partners | September 27, 2018

STORRS, Conn. – Adventurous Journeys Capital Partners (AJ Capital Partners), owner of the Graduate Hotels brand, and the University of Connecticut have reached an agreement in which the company will buy UConn's Nathan Hale Inn. The UConn Board of Trustees voted Wednesday to authorize university officials to sign agreements with AJ Capital Partners, in which the company will buy the 98-room hotel at UConn Storrs and lease for the land on which it is situated. The hotel will undergo a renovation to convert to Graduate Storrs, part of the Graduate Hotels collection, and open in late 2019. Created for travelers who seek memory-making ...

AJ Capital Partners Acquires Maryland’s Loews Annapolis Hotel for Conversion to Graduate Annapolis

AJ Capital Partners | August 2, 2018

Annapolis, Md. – Adventurous Journeys (AJ) Capital Partners announced today that it has acquired the Loews Annapolis Hotel in Annapolis, Maryland. The hotel will operate independently as Hotel Annapolis while renovations take place. Once complete in fall of 2019, the hotel will be converted to Graduate Annapolis, part of the Graduate Hotels® collection. The six-story, 215-room hotel is located in downtown Annapolis' Arts District and is less than a mile from the U.S. Naval Academy campus. Ideally situated on West Street at Lafayette Avenue in the heart of downtown Annapolis, the hotel is surrounded by numerous museums, histori...

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