MCR Acquires Allentown, Pennsylvania’s 111-Room Hilton Garden Inn for $15 Million

MCR | November 28, 2017

NEW YORK--MCR, the seventh largest hotel owner-operator in the United States, today announced that it has acquired the 111-room Hilton Garden Inn Allentown West located in Allentown, PA, for $15.0 million. The property is located at the intersection of I-78 and PA Route 100, which is the center of the Lehigh Valley's manufacturing and logistics industry. "We are very pleased to make this investment in the Lehigh Valley, a region MCR has successfully invested in previously," said Tyler Morse, Chief Executive Officer and Managing Partner of MCR. "Given the array of demand generators supported by the area's strong business climate and cont...