"The new owners of Indianapolis' Adam's Mark Hotel intend to spend $18 million on renovations -- and it won't be an Adam's Mark for much longer.
Chartres Lodging Group of San Francisco, which announced the purchase Friday, did not elaborate on its planned overhaul of the 406-room Southwestside hotel, which will occur over the next 18 months.
But a 'rebranding' is planned by Chartres, which formerly was known as Oxford Lodging Advisory & Investment Group.
Chartres acquired five Adam's Mark hotels from HBE Corp. of St. Louis and is retooling the others, too. Adam's Mark hotels in Denver and Dallas each will become Sheratons, and an Adam's Mark in St. Louis will become a Hyatt Regency."
Saturday, February 9, 2008
New owners to rebrand Adam's Mark hotel
IndyStar.com:
Subscribe to:
Post Comments (Atom)
Sale of 26 Marsh stores approved by bankruptcy court, remaining 18 stores to close
From Fox59 On Tuesday, FOX59 learned two companies won the bidding war: Topvalco and Generative Growth II. Topvalco is a Kroger subsidiary...
No comments:
Post a Comment