graduate hotels
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...
Construction Underway for New Graduate Hotel in Auburn, Alabama
Graduate Hotels | March 1, 2023
Nashville, Tenn., - March 2023 - Graduate Hotels® today announces plans for the forthcoming Graduate Auburn hotel. The ground-up, new construction hotel is currently under development and expected to launch in 2024. Graduate Auburn will offer 177-keys, five stories, two food and beverage outlets including a rooftop bar and restaurant, on-site parking and more than 10,000 square feet of meeting and event space. Located on 202 W Magnolia Avenue, Graduate Auburn will be prominently positioned across the street from the Auburn University campus. “Auburn is such a quintessential college town and deeply rooted in the types of stories and tr...
Graduate Hotels Hires Andrea Melotti as Executive Vice President of Operations
Graduate Hotels | February 9, 2023
Nashville, Tenn., - February 2023 - Graduate Hotels® announced today the appointment of Andrea Melotti as Executive Vice President of Operations for the brand. Melotti will drive strategic support and operational success across Graduate Hotels’ more than 30 hotels across the U.S. and U.K. “We are thrilled to welcome Andrea to the Graduate Hotels team as we continue to expand and evolve our offerings and consistently strengthen the day-to-day on-property experience for both guests and visitors,” said Kevin Osterhaus, President, Graduate Hotels. “His wealth of knowledge and outstanding track record of success at scale will prove to b...
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...
Graduate Hotels Names Michele Evans as Executive Vice President of Hospitality
Graduate Hotels | July 6, 2022
Nashville, Tenn., - July 6, 2022 - Graduate Hotels® announced today the appointment of Michele Evans as Executive Vice President of Hospitality for the brand. Evans will be responsible for the strategic support and operational success of all food and beverage programs across the Graduate Hotels portfolio. “It is an honor to welcome Michele to our Graduate Hotels team as we continue to strengthen and evolve the hospitality experience across our portfolio,” said Kevin Osterhaus, Graduate Hotels President. “She brings a wealth of knowledge and experience to this role that will drive the next phase of food and beverage for the brand wi...
Graduate Roosevelt Island Appoints William Cutillo as General Manager and Cristina Dalal as Director of Sales
Graduate Hotels | May 20, 2021
The announcement comes ahead of Graduate Hotels’ first New York City opening this June NEW YORK, N.Y. (May 20, 2021) - Graduate Hotels® is pleased to announce the appointment of the executive team at Graduate Roosevelt Island, the brand’s debut property in New York City and island’s first ever hotel. Positioned at the entrance of the Cornell Tech campus, the 224-key, 18-story hotel is managed by Highgate and offers a scholastic retreat in the middle of the East River with bright, modern spaces and breathtaking views of Manhattan, Queens and beyond. William Cutillo joins Graduate Roosevelt Island as General Manager bringing over 15 y...
AJ Capital Partners Acquires the Macdonald Randolph Hotel in Oxford, England
AJ Capital Partners | November 20, 2019
Oxford, England – Graduate Hotels, owned by Adventurous Journeys (AJ) Capital Partners, announced today that it has acquired the Macdonald Randolph Hotel in Oxford, England. This marks the second Graduate Hotels property to launch outside of the United States, following the announcement in July 2019 of the forthcoming Graduate Cambridge. Renovations will begin in fall 2020, and the 151-key hotel will open as Graduate Oxford, part of the Graduate Hotels collection, in early spring 2021. Additionally, AJ Capital acquired the Rusacks Hotel, from the Macdonald Hotels & Resorts portfolio, in St Andrews, Scotland. Created for travelers who...
Graduate Hotels Appoints David Rochefort as President and Saxton Sharad as Chief Operating Officer
AJ Capital Partners | August 26, 2019
Chicago, Ill.– Graduate Hotels announced today the expansion of their executive team, including the promotion of David Rochefort to Graduate Hotels® President and the addition of Saxton Sharad as Chief Operating Officer of Graduate Hotels. Rochefort and Sharad join Graduate Hotels leadership including Julie Saunders, Chief Marketing Officer at Graduate Hotels; and Martin Hanson, President of Graduate Hotels Management. Created for travelers who seek memory-making journeys, Graduate Hotels, owned by AJ Capital Partners, is a thoughtfully crafted collection of hotels that reside in dynamic university-anchored cities across the country. Ea...
