$120M U.S. Northeast Hotel Portfolio
Background: In September 2014, a select group of Passionality partners teamed up with an investment group to acquire an 8-hotel portfolio in the greater Philadelphia and New Jersey area for $95M. An additional $14M has been spent on renovations and updates.
The portfolio represents 6 renowned brands from Marriott International, Hilton Worldwide and Wyndham Hotel Group.
Year of Investment
- Springhill Suites
- Hampton Inn
- Wingate by Wyndham
- Fairfield Inn