Waramaug Hospitality Acquires Austin Marriott North in Round Rock, TX

Waramaug Hospitality | May 29, 2024

Miami, FL – May 29, 2024 – Waramaug Hospitality, in a joint venture with Franklin Real Asset Advisors, announced today it acquired the Austin Marriott North, a 295-key full-service hotel located in Round Rock, Texas, with close proximity to downtown Austin. Ferit Ferhangil, Chief Executive Officer of Waramaug, commented, "The Austin Marriott North perfectly aligns with our vision of investing in premium-branded hotels in high-growth markets. This acquisition further solidifies our commitment to delivering exceptional hospitality experiences while maximizing returns for our partners and investors." Further commenting, Marc Weidner, Mana...