LaQuinta I Drive/Convention Center Hotel
Everwood Hospitality Partners Completes Acquisition of LaQuinta I Drive/Convention Center Hotel
Everwood Hospitality Partners | January 3, 2023
ORLANDO, Fla., Jan 3, 2023—Officials of Everwood Hospitality Partners (EHP), a leading hotel owner/operator with a growing portfolio of lifestyle, full- and select-service hotels nationwide, today announced the company has acquired the 184-room LaQuinta I Drive/Convention Center hotel in Orlando, Fla. from Cavalier Florida, LP. Cronheim Hotel Capital (CHC), a real estate capital advisory firm specializing in capital solutions for hotel owners, operators and investors, helped secure the loan that will be used for the acquisition and subsequent multimillion-dollar hotel renovation. The refurbishment process will include significant upgra...