adventurous journeys capital partners
Hilton to Acquire Graduate Hotels Brand for $210 Million
Graduate Hotels | March 14, 2024
Pairing Loyal Graduate Fanbase with Size and Scale of Hilton Will Create New Opportunities for Owners and Guests in Some of the World’s Greatest College Towns MCLEAN, Va. and NASHVILLE, Tenn., March 14, 2024 – Hilton (NYSE: HLT) today announced an agreement with Adventurous Journeys Capital Partners (“AJ Capital”) to acquire the fan-favorite Graduate Hotels® brand, adding a significant growth opportunity for the global hospitality leader in the fast-growing lifestyle hotel market. Hilton will pay $210 million to acquire all rights to the Graduate brand worldwide, enter into franchise agreements for all existing and signed pipel...
AJ Capital Partners Acquires Property for Conversion to Graduate Austin
Graduate Hotels | April 20, 2023
Nashville, Tenn., April 2023 - Adventurous Journeys (AJ) Capital Partners announced today an acquisition in downtown Austin which will be home to the forthcoming Graduate Austin, part of the Graduate Hotels®️ collection. The property, located at Guadalupe Street and West 18th Street, is conveniently situated in the heart of downtown, just steps from the University of Texas campus and Texas Capitol Mall. Upon completion, the 18-story hotel is expected to open in 2025. Created for travelers who seek memory-making journeys, Graduate Hotels is a thoughtfully crafted collection of hotels that reside in the most dynamic university-anchore...
Graduate Palo Alto Opens Close to Stanford University Within Iconic Former Hotel President
Graduate Hotels | January 10, 2023
Palo Alto, Calif. – January 10, 2023 – Graduate Hotels® is excited to announce today the opening of Graduate Palo Alto. The property is located in the heart of downtown Palo Alto at 488 University Avenue, nestled blocks from Stanford University and within the iconic former Hotel President. The storied property has been thoughtfully renovated and restored to honor the building’s past, as well as the history of the neighboring community. The six story Graduate Palo Alto features 100 keys and two signature food and beverage concepts - Lou & Herbert’s, a lobby level, day-to-night café, and President’s Terrace, a vibrant rooftop ba...
AJ Capital Partners Acqures The Dornoch Hotel in Dornoch, Scotland
Marine & Lawn | September 28, 2022
Nashville, Tenn. – September 28, 2022 – Adventurous Journeys (AJ) Capital Partners announced today the acquisition of The Dornoch Hotel in Dornoch, Scotland. The property will join Marine & Lawn Hotels & Resorts, a collection of bespoke hotels located in the world’s most premier golf destinations. AJ Capital will reposition the property as Dornoch Station hotel, honoring the hotel’s original name dating back to 1902, the Station Hotel. The hotel is now closed and for the next several months it will undergo comprehensive renovations of all guest rooms, public spaces, exterior and grounds including the installation of a putting ...
Marine & Lawn Hotels & Resorts Names Phillip Allen as President
Marine & Lawn Hotels & Resorts | April 26, 2022
Allen previously served as Chief Development Officer, International Markets for Marine & Lawn Hotels & Resorts Owner Adventurous Journeys Capital Partners Nashville, Tenn., - Marine & Lawn Hotels & Resorts names Phillip Allen as President. Most recently serving as Chief Development Officer, International Markets at Adventurous Journeys (AJ) Capital Partners, Allen will drive the continued growth and success of the collection of bespoke hotels located in the world’s most distinguished golf destinations. In connection with the assumption of this new role, Allen will be temporarily relocating to the United Kingdom. “...