Waramaug LS Hotels Acquires Wisconsin Comfort Suites
Thursday April 10th, 2014 - 9:50AM EBH
| | | | | | | | | | |
These are shortcuts to your favorite social networking and bookmark sites. Add this story to your Facebook page, del.icio.us, DiggIt, and many others!
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 •
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.