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HBS Hospitality Buys Hilton Garden Inn Louisville East, Strengthens Local Footprint

Nimish Patel leads the company as principal and CEO

Hilton Garden Inn Louisville East, a 122-key hotel in Kentucky, under a partly cloudy sky, acquired by HBS Investment Group in March 2025, near the University of Louisville and Kentucky Derby attractions

HBS Investment Group acquired the 122-key Hilton Garden Inn Louisville East in Louisville, Kentucky.

Photo credit: Hunter Hotel Advisors

Who acquired the Hilton Garden Inn Louisville East?

HBS INVESTMENT GROUP, owner of HBS Hospitality, recently acquired the 122-key Hilton Garden Inn Louisville East in Louisville, Kentucky, from an institutional seller, according to Hunter Hotel Advisors. HBS is led by Principal and CEO Nimish Patel.

Hunter’s Tim Osborne, senior vice president, facilitated the transaction.


“We are long-term Louisville investors, and this acquisition complements our local portfolio,” said Patel. “We enjoyed working with Hunter and the seller to complete the transaction.”

The hotel is near the University of Louisville, Kentucky Exposition Center, and Louisville Slugger Museum and Factory. Louisville draws visitors to Museum Row, Fourth Street Live!, and Bourbon tours. Churchill Downs hosts the Kentucky Derby, attracting 150,000 visitors annually and boosting hotel demand. Amenities include a fitness center and indoor pool.

Vrindavan LLC acquired the 48-room SureStay by Best Western Bardstown General Nelson in Bardstown, KY, from Dhamdhani LLC.

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Touchstone Acquires 2 Aloft Hotels in Plano & Frisco, Texas
Photo credit: Hunter Hotel Advisors

Touchstone acquires Alofts in Plano and Frisco, TX

Summary:

  • Touchstone acquired two Aloft hotels in Plano and Frisco, Texas.
  • The Texas-based firm is led by Managing Members Deepak Gandhi and Niren Patel.
  • The Marriott-branded hotels, built in 2008, total 272 guestrooms.

TOUCHSTONE HOSPITALITY FUND acquired two Aloft hotels in Plano and Frisco, Texas. The Marriott-branded properties total 272 guestrooms, with 136 rooms at each property, and were sold in a single transaction brokered by Hunter Hotel Advisors.

Aloft Plano and Aloft Frisco are in corporate corridors near corporate offices, employment centers, sports venues and mixed-use developments, Hunter said in a statement. Both hotels were built in 2008 and together offer 504 square feet of meeting space, an outdoor pool, a fitness center and a business center.

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