HAWKEYE HOTELS HAS made its second and third hotel acquisitions of the year, in Ohio and Oklahoma. The company made its first acquisition, in Louisiana, in January.
Coralville, Iowa-based Hawkeye’s most recent purchases are the Fairfield Inn & Suites in Cambridge, Ohio, and the Aloft Oklahoma City Downtown – Bricktown in Oklahoma City, Oklahoma. The hotel acquired in January was a Staybridge Suites in Lafayette, Louisiana.
The 99-room Fairfield Inn was built in 2016 and includes 238 square feet of meeting space and a bar. The 134-room Oklahoma City Aloft has more than 7500 square feet of event space, including a rooftop area. It is Hawkeye Hotels’ first property in Oklahoma and is near the Cox Convention Center, Chesapeake Energy Arena and the Civic Center.
With 118 rooms, the extended-stay Staybridge Suites in Lafayette is near Lafayette Regional Airport, the University of Louisiana at Lafayette and the Cajundome Convention Center. It features a fitness center and outdoor pool.
Hawkeye Hotels has plans for continuing its expansion, said Parth Patel, the company’s head of investments.
“Despite all the challenges that we have had to navigate as an industry over the last 12 months, Hawkeye Hotels is positioned to continue strategically acquiring properties across the country,” said Patel.
Hawkeye Hotels owns and operates over 50 hotels across the country and has additional properties under development. In December, the company opened a dual brand Home2 Suites by Hilton and Tru by Hilton along with a neighboring Holiday Inn Express in downtown Milwaukee.
The company was founded in 1982 with one roadside hotel in Mena, Arkansas. Bob Patel is CEO.