phoenix american hospitality
Phoenix American Hospitality Appoints Jan Kuehnemann as VP of Acquisitions and Asset Management
Phoenix American Hospitality | April 23, 2019
DALLAS, TEXAS (April 23, 2019) -- Phoenix American Hospitality, a Dallas-based opportunistic hotel fund manager, announces the appointment of Jan Kuehnemann as Vice President of Acquisitions and Asset Management. Kuehnemann joins Phoenix American with more than 15 years of experience in hotel investment, strategic planning, asset management and operations. Most recently, Kuehnemann served as Vice President of Capital Transactions Group at FelCor Lodging Trust, where he was responsible for all acquisitions and dispositions efforts of the company. During his tenure with FelCor, he closed on over $2 billion in hotel transactions and negoti...
Phoenix American Hospitality Adds Florida Hotel to Portfolio: Residence Inn by Marriott Cape Canaveral Cocoa Beach
Phoenix American Hospitality | April 4, 2019
COCOA BEACH, FL (April 4, 2019) – Phoenix American Hospitality has acquired an interest in a new hotel, the Residence Inn by Marriott Cape Canaveral in Cocoa Beach, Florida, and took over management of the property on March 28, 2019. With the addition of this hotel, Phoenix American Hospitality now owns 17 hotels nationwide. All 17 hotels are managed by PAH Management. Located just one mile away from Port Canaveral, the Key West style hotel is conveniently located near popular South Florida attractions, including Cocoa Beach Pier, Kennedy Space Center, NASA and Canaveral National Seashore. In addition, PAH Management will begin a ...
Phoenix American Hospitality Acquires Hilton Garden Inn and Homewood Suites in Fort Wayne, Indiana
Phoenix American Hospitality | August 20, 2018
DALLAS (AUGUST 20, 2018) –Phoenix American Hospitality has acquired two new hotels – Hilton Garden Inn and Homewood Suites – both located in Fort Wayne, Indiana. With the addition of these hotels, Phoenix American Hospitality now owns 16 hotels nationwide. All hotels will be managed by PAH Management. Located just ten minutes from Fort Wayne International Airport, The Hilton Garden Inn and Homewood Suites are centrally located with easy access to downtown shopping, dining, entertainment and close proximity to area businesses and the Grand Wayne Convention Center. The Hilton Garden Inn will stay open during its upcoming...
Phoenix American Hospitality Management Completes $5 Million Renovation Project at Six Hyatt Place Properties Across United States
Hyatt Place | July 26, 2018
DALLAS (JULY 2018) – Phoenix American Hospitality (PAH) Management announces the completion of a $5 million renovation project at six Hyatt Place properties across the United States. The renovation of each hotel includes updates to the lobby, meeting rooms, guestrooms, pool area, fitness area, and exterior. PAH Management is an opportunistic hotel fund manager, managing 13 hotel properties across the United States. The properties included in this renovation are: Hyatt Place Alpharetta/North Point Mall Hyatt Place Charlotte/Arrowood Hyatt Place Dallas/Park Central Hyatt Place Greenville/Haywood Hyatt Place Roanoke Airport/Val...
Phoenix American Hospitality Acquires Seven Select-Service Hotels in $109M Transaction
Phoenix American Hospitality | July 17, 2017
DALLAS (July 17, 2017) - Phoenix American Hospitality, a Dallas-based hotel fund manager, announces the $109M purchase of seven upscale select-service hotels in Arkansas, Louisiana and Florida. This acquisition of one Hilton and six Marriott properties adds 778 rooms to the Phoenix American Hospitality portfolio. So far in 2017 Phoenix American Hospitality has purchased 13 properties totaling 1532 rooms in nine states. These acquisitions were purchased through a joint venture arrangement with Aspect Investment Partners Ltd. The newly acquired properties include: TownePlace Suites by Marriott Fayetteville North/Springdale ALOFT Rogers...
Phoenix American Hospitality Acquires Six Hyatt Place Hotels in $87M Transaction
Phoenix American Hospitality | January 19, 2017
DALLAS (January 19, 2017) - Phoenix American Hospitality, a Dallas-based hotel fund manager, announces the $87M purchase of six Hyatt Place Hotels, located in Kansas, Georgia, North Carolina, South Carolina, Texas and Virginia. Phoenix American Hospitality adds 754 rooms to its select service portfolio with this transaction, which was purchased in partnership with an Institutional Investor. "We are proud of these six strong additions to our growing portfolio," said Perch Nelson, President of Phoenix American Hospitality. "We look forward to a successful partnership and enhancing the performance of each property." This acquisition is an ...
