Waramaug Hospitality Acquires Crowne Plaza
Friday November 1st, 2013 - 9:45AM EG
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DUBLIN, OH—Waramaug Hospitality, along with Interstate Hotels and Resorts, has acquired the 215-room Crowne Plaza Metro North located here.
The Crowne Plaza will undergo a comprehensive $6-million renovation of the guestrooms and public space. The venture appointed Interstate Hotels & Resorts to manage the hotel.
The Crowne Plaza is located in a northwest suburb of Columbus. Dublin is home to the annual Memorial Golf Tournament at Muirfield Village Golf Club. The property offers 13,000 sq. ft. of meetings space and is in close proximity to the Columbus Zoo, Zoombezi Bay and Ohio State University.
“The hotel has strong investment potential and is located in a market ripe with corporate demand generators,” stated Paul Nussbaum, founder and managing partner of Waramaug Hospitality. “We continue to pursue high quality assets under strong brands in vibrant markets such as Dublin.”
Tags: Waramaug Hospitality • Hospitality • Acquisitions • Construction/Renovation •
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.