repositioning
Transwestern Hospitality Group Acquires Houston’s Renowned Hotel Granduca
Transwestern Hospitality Group | January 12, 2024
HOUSTON, Jan. 12, 2024 -- Transwestern Hospitality Group (THG) announces it has acquired Hotel Granduca, a 122-key luxury hospitality property located on three and a half acres at 1080 Uptown Park Boulevard. THG partners Tyler Lavin and Thomas Duncan, supported by Transwestern's investment team, facilitated the transaction and will lead a comprehensive repositioning project at the renowned hotel. "Hotel Granduca is an irreplaceable five-star property located in an amenity-rich, walkable enclave situated between the River Oaks and Galleria submarkets," Lavin said. "In a world where travelers increasingly expect a memorable, authentic ...
Pacific Hospitality Group Launches Renovation and Repositioning of Hotel Granduca Austin
Hotel Granduca Austin | June 15, 2022
AUSTIN, TEXAS (JUNE 15, 2022) - Pacific Hospitality Group is proud to announce the renovation and repositioning of Hotel Granduca Austin. Beginning on June 18, Hotel Granduca will undergo an exciting transformation with the addition of a new spa, complete overhaul of the signature restaurant and bar, renovated pool deck and lobby, and more. The hotel will remain in operation during the renovations, which are expected to be completed in early fall. The renovation design and construction is spearheaded by interior design firm Hotel Studio, McCabe Architecture, Digney York Associates and PHG. Located on the hillside of Austin at 320 South Capi...
Noble Acquires New Haven Hotel at Yale University
Noble Investment Group | December 3, 2019
ATLANTA, GA (December 3, 2019) – Noble Investment Group ("Noble") today announced the acquisition of the New Haven Hotel at Yale University in the heart of downtown New Haven, Connecticut. Downtown New Haven is a vibrant commercial, educational and medical district flourishing with retail, dining, art galleries and historic landmarks. The downtown area is home to both Yale University and the 1,541 bed Yale-New Haven Hospital, one of the largest hospitals in the world and the primary teaching hospital for the Yale School of Medicine and the Yale School of Nursing. “The New Haven Hotel provides Noble the opportunity to acquire a well-...
The Missing Link in Your Re-Positioning Strategy
Renie Cavallari | July 14, 2015
By Renie Cavallari Re-positioning. Most people inevitably focus on two things: capital and brand evolution. What physical changes are necessary, and how will the messaging and marketing evolve to match? Yet the real long-term ROI of any re-positioning project lies in a third strategic element that too often gets overlooked: how will you re-engineer the guest experience to bring your new product to life? After years of economic stagnation and recovery, the hospitality industry is finally heating up again. According to a report from New York University's Tisch Center for Hospitality, US hotels spent a record $6 billion in capital expendit...
