canopy by hilton new orleans downtown
Summit Hotel Properties Completes Acquisition of Canopy by Hilton New Orleans Downtown for $56M
Summit Hotel Properties | March 29, 2022
AUSTIN, TX - March 29, 2022 - Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has completed the previously announced acquisition of the 176-guestroom Canopy by Hilton New Orleans Downtown for $56.0 million through its joint venture with GIC. The closing of this transaction completes the $822 million portfolio acquisition from NewcrestImage which included 27 hotels containing 3,709 guestrooms, two parking structures, and various financial incentives. Additionally, the Company has over $425 million of total liquidity after completion of the transaction....
Aimbridge Hospitality Debuts 176-Room Canopy by Hilton New Orleans Downtown
Canopy by Hilton | March 28, 2022
NEW ORLEANS and MCLEAN, VA - March 28, 2022 - Aimbridge Hospitality, a leading global hospitality company, announces the grand opening of the 176-room Canopy by Hilton New Orleans Downtown. The 14-story lifestyle hotel is ideally located near the iconic French Quarter and includes a unique Creole and Cantonese inspired restaurant that pays homage to the city’s rich history. The hotel is a historic renovation of the former Oil and Gas Building built in 1959 and designed in the international style by August Perez & Associates and Edward B. Silverstein & Associates. The building was placed on the National Register of Historic Plac...
NewcrestImage and Baywood Hotels Start Joint Venture Canopy by Hilton in Downtown New Orleans
NewcrestImage | January 30, 2020
Dallas-based NewcrestImage and Baywood Hotels, Inc., based in Columbia, Maryland, will begin historic renovation construction in early February of a 176-room, 14-floor Canopy by Hilton in downtown New Orleans. This joint venture launches the third hotel in New Orleans for NewcrestImage and the fourth hotel in Louisiana for Baywood. Canopy by Hilton New Orleans Downtown is scheduled to open in the summer of 2021 at 1100 Tulane Avenue in the heart of the Central Business District, immediately adjacent to the French Quarter. It will revive the former Oil and Gas Building, which originally opened in 1959 and was placed on the National Register...
