Woodmont Lodging, Milestone Companies and Blue Vista Capital Management Acquire Holiday Inn Asheville East Through JV

Woodmont Lodging | January 24, 2022

ASHEVILLE, NC — January 24, 2022 — Woodmont Lodging, Milestone Companies and Blue Vista Capital Management today announced the joint venture acquisition of the 111-room Holiday Inn Asheville East in N.C. This marks the fourth hotel transaction the companies have finalized together since 2018. “We are excited to begin the new year by acquiring the Holiday Inn Asheville East, a recently fully renovated hotel in a strong, drive-to market,” said Elliott Estes, principal, Woodmont Lodging. “We were able to source the opportunity 100% off-market at well below replacement cost, proving that we continue to be a resourceful and nimb...