NewcrestImage Acquires 125-Room Hyatt Place Hotel in Grapevine, Texas

NewcrestImage | June 13, 2016

June 13, 2016 - NewcrestImage has expanded its portfolio with the purchase of the 125-room, 6-floor Hyatt Place hotel in the Dallas suburb of Grapevine, Texas, located just three miles from the DFW International Airport. This becomes the company's fourth Hyatt Place, joining hotels owned and operated in San Antonio, Lubbock, and the Dallas suburb of Plano. The new property features two meeting rooms of 1,100 sq. ft. and 400 sq. ft.; a spacious breakfast area; an outdoor pool; a cocktail and coffee bar; plus a fitness center and a business center, both of which operate 24 hours a day. Also open around-the-clock is the Gallery Market, whi...