Global Hospitality Sells DFW Airport Ramada
Thursday August 29th, 2013 - 9:26AM BHQ
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IRVING, TX—The 140-room Ramada DFW Airport North hotel here has been sold by HREC Investment Advisors on behalf of Global Hospitality LP. The purchase price was not disclosed.
The buyer is Texas-based Pramukhraj Irving, LLC.
The Ramada Hotel is located on Ester Road directly off Highway 114, and adjacent to Dallas/Fort Worth International Airport.
The hotel is near the new Irving Convention Center, Las Colinas, Gaylord Convention Center Hotel and the Grapevine Mills Mall.
Tags: • Hospitality • Brands • Ownership • Owners/Operators •
For the past few years, the talk of The Lodging Conference in Phoenix had been focused on the economic recovery, solid industry projections and “cautious optimism.” With the word cautious no longer necessary, the economic outlook took a backseat this year to the seemingly unending parade of new lifestyle brands.