BANYAN INVESTMENT GROUP recently acquired the Castle Hotel, part of the Autograph Collection by Marriott, in Orlando, Florida. The hotel recently underwent
an $8.2 million renovation on its guestrooms, public spaces and exterior.
The 213-room hotel is on Universal Boulevard near the city's key attractions, Disney's Magic Kingdom and Universal Studios, according to Atlanta-based Banyan, led
by Rakesh Chauhan, managing partner and CEO. Also nearby is the site of Epic Universe, a 750-acre, $1 billion theme park expected to open in 2025, which will be the
largest Universal Park in the U.S. and second largest globally.
The Castle Hotel, which is designed to look like a medieval fortress, also is close to the 270-acre Lockheed Martin regional headquarters that employs 8,000 people.
Also nearby are the Orlando International Airport, including the recently opened $2.8 billion, 15-gate international Terminal C, as well as the Orlando Convention
Center. Brightline High Speed Rail plans to open two stations in the area.
The SureStay by Best Western Livingston Merced County, owned by Tushar Patel, is now open in Livingston, California. The recently renovated hotel
features 76 guest rooms, Best Western said in a statement.
"The SureStay by Best Western Livingston Merced County provides guests with the excellent comfort, outstanding value and warm service they are looking for in a
hotel stay," said Dave Panas, SureStay Hotels' managing director of operations. "After spending more than half a million dollars on our renovation, we are
thrilled to introduce visitors to Livingston to this new and superior hotel experience."
The property is near the University of California, Merced, Castle Air Museum, and several government offices, the statement said. It also serves as a stopover
for travelers heading to Yosemite National Park or Pinnacles National Park, both less than a two-hour drive from Merced.