Global Hospitality Sells DFW Airport Ramada
Thursday August 29th, 2013 - 9:26AM BHQ
| | | | | | | | | | |
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!
IRVING, TX—The 140-room Ramada DFW Airport North hotel here has been sold by HREC Investment Advisors on behalf of Global Hospitality LP. The purchase price was not disclosed.
The buyer is Texas-based Pramukhraj Irving, LLC.
The Ramada Hotel is located on Ester Road directly off Highway 114, and adjacent to Dallas/Fort Worth International Airport.
The hotel is near the new Irving Convention Center, Las Colinas, Gaylord Convention Center Hotel and the Grapevine Mills Mall.
Tags: • Hospitality • Brands • Ownership • Owners/Operators •
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.