Waramaug LS Hotels Acquires Wisconsin Comfort Suites
Thursday April 10th, 2014 - 9:50AM EBH
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MILWAUKEE, WI—Waramaug LS Hotels, a privately held investment group, acquired the 120-room Comfort Suites Park Place here, marking its fifth acquisition in the past six months.
“The hotel has strong investment potential, located in a market ripe with demand generators,”stated Craig Nussbaum, Waramaug LS Hotels’ VP. “We continue to pursue hig- quality assets under strong brands in vibrant markets such as Milwaukee.”
Located near the Milwaukee County Zoo the hotel is close to Menomonee Falls, Marquette University, BMO Harris Bradley Center, Wisconsin Center, Miller Park, Milwaukee Harbor and the Milwaukee River Walk.
The Comfort Suites Park Place also offers meeting facilities able to accommodate up to 100 guests.
Tags: Waramaug LS Hotels • Comfort Suites Park Place • Milwaukee • Wisconsin • Hospitality • Brands • Acquisitions • Ownership •
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.