Grace Hotels Acquires Mayflower Inn, The White Barn Inn
Monday August 5th, 2013 - 3:16PM EB
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NEW YORK—Grace Hotels has partnered with an affiliate of Three Wall Capital LLC to acquire the Mayflower Inn and Spa in Washington, CT. Under the agreement, Grace Hotels will become the majority owner of the Mayflower and will manage the hotel under the Grace brand.
The international boutique hotel group has also announced that its sister hotel, The White Barn Inn in Kennebunk, Maine will become part of Grace Hotels. The White Barn Inn and Grace Hotels are both part of the family-owned Libra Group. The Mayflower will become known as The Mayflower Grace and The White Barn Inn will be re-named The White Barn Grace.
Located less than two hours from New York City, the 30-room Mayflower Inn & Spa is a spa and country house hotel situated among 58 acres of landscaped gardens. The property is surrounded by 3,000 acres of nature preserve.
Philippe Requin, CEO of Grace Hotels, stated, “The Mayflower is a property that we have admired for many years. It combines a wonderfully convenient location close to New York with a peace and tranquillity that makes it a perfect country escape. We are thrilled that it is joining Grace Hotels and equally thrilled that The White Barn Inn is becoming part of the Grace family. As a sister property we have enjoyed a very close working relationship with The White Barn for many years.”
Tags: • Hospitality • Brands • Acquisitions •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.