12/5/2018 HNN - A roundup of independent hotel news

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A roundup of independent hotelnews21 MARCH 2018 12:30 PM

This month’s roundup of news from the independent hotel sectorincludes: The debut of Houston’s Post Oak Hotel; Boyne Resorts’ latestacquisition; and more.

By  HNN Newswire (/Author/208/HNN-Newswire)()

Hotel News Now’s Independent Insights newsletter each month features a news roundupfrom the independent hotel sector. Subscribe to the free monthly newsletter here(https://hotelnewsnow.com/registration).

Boyne Resorts acquires six properties Michigan’s Boyne Resorts has agreed to acquire six mountain resorts across �ve states andone Canadian province from Ski Resort Holdings, an af�liate of Oz Real Estate. According to areport in The Record-Eagle (http://www.record-eagle.com/news/business/boyne-to-buy-six-resorts/article_dca40d31-91ac-53fb-91ce-f5428f89d2d8.html) (Traverse City, Michigan), Boynehas already been managing the resorts and scenic chairlift.

Resorts in the acquisition include: Brighton Resort near Salt Lake City, Utah; CypressMountain in Vancouver, British Columbia; Loon Mountain in New Hampshire; Sugarloaf andSunday River in Maine; and The Summit at Snoqualmie near Seattle. The chairlift included inthe transaction is the Gatlinburg Sky Lift in Gatlinburg, Tennessee.

These acquisitions join the resorts already in Boyne’s ownership portfolio, including Big SkyResort in Montana, and Michigan’s Boyne Mountain, Boyne Highlands and the Inn at BayHarbor.

Houston’s Post Oak Hotel opens doors The Post Oak Hotel in Uptown Houston, part of a 10-acre mixed-use development project bybillionaire Tilman Fertitta, opened this month. The $300-million hotel project has 250guestrooms, 22 residential apartments, a 16,000-square-foot ballroom, a wine cellar, a two-level Rolls Royce showroom and art from Fertitta’s personal collection.

Fertitta is owner of Landry’s, Golden Nugget Casinos and the Houston Rockets.

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12/5/2018 HNN - A roundup of independent hotel news

http://www.hotelnewsnow.com/Articles/280419/A-roundup-of-independent-hotel-news 3/5

Miami’s Tower Hotel gets new life as boutique hotel The Tower Hotel in Miami’s Little Havana neighborhood has been many things since itopened in 1920, including a YMCA, a World War II hospital and a hotel, and now it’s getting anew life, according to a report in the Miami Herald(http://www.miamiherald.com/news/business/article204754109.html).

The historic property is under development to become Little Havana’s �rst boutique hotel,redeveloped through a partnership between the Barlington Group and Selina, a hotelmanagement company with properties throughout Latin America. This will be its �rst U.S.outpost. Barlington purchased the property in 2012 for $1.7 million.

Throughout its history, the building hosted noted jazz musicians including Billie Holiday,Count Basie and Chet Baker. For several months, a local theater company staged animmersive play inside the hotel building with actors portraying some of the icons who stayedat the hotel.

In its new life as a hotel again, that history will play a big role, according to the paper.

Antebellum home will be a boutique hotel Buford, Georgia-based Ascent Hospitality purchased the Murphy House, one of Montgomery,Alabama’s most recognizable antebellum-era homes, and will develop it into a boutique hotel.According to a story on AL.com(http://www.al.com/business/index.ssf/2018/03/montgomerys_murphy_house_to_be.html),the Civil War-era building will have 100 rooms and suites, and meeting space, and will be partof Marriott International’s Autograph Collection.

Openings, management, people on the move

The Cavalier Hotel in Virginia Beach, Virginia, reopened in early March following afour-year, $85-million renovation. The 85-room hotel is now part of Marriott’s AutographCollection.

Hotel Paseo, in Palm Desert, California, opened in early March. The 150-room new-buildhotel is part of Marriott’s Autograph Collection.

San Francisco’s Serrano Hotel in the city’s Union Square neighborhood is nearingcompletion on a $16-million renovation that includes a name change. Now known as HotelSpero, the 236-room hotel will of�cially launch under its new name in April. The hotel hasbeen open throughout its renovations.

Woodside Hotel Group is now managing the Harvest Inn in St. Helena, California. TheNapa Valley hotel is owned by City-Core Hospitality.

Waterville Valley Resort in Waterville Valley, New Hampshire, acquired the Silver FoxInn, formerly the Best Western Silver Fox, from its former owners Tor and Susan Brunvand.

Compiled by Stephanie Ricca.

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