Crawford Hoying, in partnership with Shaner Hotel Group, has acquired the 109-room Homewood Suites by Hilton Columbus OSU in the US state of Ohio.
This addition marks the 14th hotel in Crawford Hoying’s portfolio, which now features over 1,800 hotel rooms.
Crawford Hoying principal Brent Crawford said: “This hotel is a perfect fit for our growing portfolio and we would love to explore more properties like it.
“We plan to fully renovate the hotel and bring it to Hilton standards within the next several months.”
Situated at 1576 West Lane Avenue in the upper Arlington area of Columbus, the hotel comprises 725ft² of event space, a meeting area, an indoor pool and fitness facilities.
Shaner Hotels president Plato Ghinos said: “This was a strategic and opportunistic acquisition for the partnership. We are looking for additional opportunities to acquire quality properties that complement our current development pipeline.”
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By GlobalDataThis hotel is situated adjacent to Crawford Hoying’s mixed-use development, the Lane and Westmont at the Lane.
This purchase is expected to be a suitable accompaniment to other key features of the development, such as Tupelo Honey, Hudson 29 and TownePlace Suites Columbus North – OSU.
Crawford Hoying is a full-service provider for all aspects of real estate development, management, construction and sales.
Shaner Hotels is a hospitality owner-operator and management company.
It currently consists of 62 properties ranging from full-service, select-service and extended-stay to resort establishments, with over 6,000 rooms across 15 US states and four countries.
In June 2023, LBA Hospitality opened Homewood Suites by Hilton in Greenville, North Carolina.
This four-storey hotel features 118 suites and is located close to several business parks, commercial hubs and other facilities.