The Greenwich Hospitality Group (GHG) Completes $23.2 million Acquisition of West Bay Beach Holiday Inn Resort in Traverse City, Michigan

The Greenwich Hospitality Group | January 4, 2019

Greenwich, CT - JAN. 4, 2019 - The Greenwich Hospitality Group (GHG) today announced its acquisition of West Bay Beach Holiday Inn Resort in Traverse City, Michigan for $23.2 million. The 179-room full service waterfront resort, originally built in 1968, is located on the West Bay in downtown Traverse City. The purchasing entity, DELAMAR Traverse City, LLC, consists of mostly Michiganders with multi-generational ties to Grand Traverse and Leelanau Counties. Greenwich Hospitality Group owns and manages hotels in Connecticut, Texas, and Vermont. The hotel will be elevated to a four-star property and rebranded DELAMAR Traverse City after u...