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 •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.