Hotel Business Magazine, | The Newspaper For Lodging Decision Makers

Waramaug LS Hotels Acquires Courtyard in Lafayette, LA

Thursday September 12th, 2013 - 9:25AM

LAFAYETTE, LA—Waramaug LS Hotels, LLC, a private investment group and its institutional capital partner have acquired the 90-room Courtyard by Marriott Lafayette Airport here.

The property, which is located near Lafayette Regional airport and the University of Louisiana's Lafayette campus, has recently undergone a $1.8 million investment. Waramaug has appointed Interstate Hotels & resorts to manage the hotel.

This acquisition follows the company's recent addition of the Courtyard by Marriott in Paducah, KY, and is part of the group's plan to deploy $150 million over the next 12 months toward acquisitions.