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NewcrestImage Acquires DoubleTree Suites by Hilton in Columbus, Ohio | Growth in Hospit... - 0 views

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    NEWCRESTIMAGE RECENTLY ACQUIRED the DoubleTree Suites by Hilton Hotel Columbus Downtown in Columbus, Ohio. The 15-floor property features 194 suites with some of the largest square footage in the Columbus market, NewcrestImage said in a statement. "This acquisition underscores our continued appetite for transactions that offer strong growth potential in both market share and asset value," said Mehul Patel, NewcrestImage's managing partner and CEO. The hotel is near the Ohio State Capitol complex and the Greater Columbus Convention Center, two miles from Ohio State University, and seven miles from Columbus International Airport, the statement said. It includes concierge services, a business center, a fitness center, a lounge, a restaurant and 7,000 square feet of conference space. The deal was brokered by Hunter Hotel Advisors, with senior vice presidents Tim Osborne and Spencer Davidson representing the seller.
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