burrus investment group
The Plasencia Group Advises on Sale of the DoubleTree Denver-Westminster Hotel
The Plasencia Group | July 2, 2015
Tampa, Fla. (July 2, 2015) - The Plasencia Group is pleased to announce the sale of the DoubleTree by Hilton Denver-Westminster hotel, located in Westminster, Colorado. The firm represented Burrus Investment Group, the owner of the 180-room hotel. Hotel Capital, LLC, an Indiana-based real estate investment firm, acquired the property. "Upon completion of planned improvements, the hotel in this dynamic Westminster-Denver market is expected to continue to outperform the market due to its superior product differentiation and amenities. These improvements will be completed at an ideal time as Colorado enjoys a record number of visitors," s...
The Plasencia Group Closes Sale of the Embassy Suites Chicago – Schaumburg/Woodfield Hotel
The Plasencia Group | July 2, 2015
Tampa, Fla. (July 2, 2015) - The Plasencia Group is pleased to announce the sale of the Embassy Suites Chicago - Schaumburg/Woodfield hotel, located in Schaumburg, Illinois. The firm represented Burrus Investment Group, the owner of the 209-suite hotel. Hotel Capital, LLC, an Indiana-based real estate investment firm, acquired the property. "Both the seller and buyer benefited from this outstanding transaction. Our client was able to further their corporate strategy of exiting non-strategic assets, and the purchaser was able to acquire the only full-service all-suites hotel in the Schaumburg market. The hotel has shown consistent profit...
1
Technology
2
Appointments/People on the Move
3
Operations
4
Industry Happenings
5
All Things Independent
Today's News
Commonwealth Hotels Appoints Stacy O’Reilly as Area General Manager of the Hyatt Place Portland-Old Port and the Docent’s Collection
Levering Cinematic Success With Fairmont The Queen Elizabeth’s Barbie Adventure
Catalysts for Growth – Tech Hubs Are Powering the Indian Hotel Industry’s Growth
Nobu Hotel at Caesars Atlantic City Set for January 2024 Opening
As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.