Skip to content

Search

Latest Stories

HBS Investment Group Acquires Hilton Garden Inn Louisville East in Major Portfolio Expansion

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.

More for you

Comfort Inn Orlando Sold for $10.49M in Kabani Deal

Comfort Inn in Orlando, FL, sold for $10.5M

  • Comfort Inn International Dr., a six-story, 112-room hotel in Orlando, sold for $10.49 million.
  • Kabani Hotel Group, led by CEO Ahmed Kabani, brokered the deal—their third Orlando sale this year.
  • The hotel is near Disney World, Universal, ICON Park and the convention center.

COMFORT INN INTERNATIONAL Drive in Orlando, a six-story, 112-room property, was recently sold for $10.49 million, reflecting a price per key of $93,660 and a room revenue multiplier of more than four times. Kabani Hotel Group brokered the deal, led by CEO and founder Ahmed Kabani, with partners Suraj Dalal and Kian McLean.

The property is located in an Orlando submarket near Disney World, Universal Orlando, ICON Park, and the Orange County Convention Center, the statement said.

Keep ReadingShow less
Fremont CA: Sagemont Hotels Opens 128‑Suite Homewood Suites

Sagemont opens Homewood Suites in Fremont, CA

Summary:

  • Sagemont Hotels opened the five-story, 128-key Homewood Suites in Fremont, California.
  • Offers studio, one-bedroom and two-bedroom suites.
  • Located 12 miles from San Jose Mineta International Airport.

Homewood Suites by Hilton Fremont is now open in Fremont, California. The five-story, 128-key property is operated by Sagemont Hotels, led by President and CEO Hiral Patel.

Keep ReadingShow less
Courtyard by Marriott San Bernardino Loma Linda hotel exterior at grand opening in California

Courtyard opens in Loma Linda, CA

Courtyard by Marriott San Bernardino Loma Linda is now open in Loma Linda, California. The 125-room hotel is operated by Sagemont Hotels, led by President Hiral Patel.

The hotel is near Loma Linda University Health, Loma Linda University School of Public Health, Jerry L. Pettis Memorial Veterans Hospital, San Bernardino National Forest and San Bernardino Industrial Park, according to a statement. It is also near Redlands Industrial Park, University of Redlands and California State University, San Bernardino.

Keep ReadingShow less
Red Roof Inn opens in Sanford, NC

Red Roof Inn opens in Sanford, NC


Red Roof Inn Sanford is now open in Sanford, North Carolina. The 122-room property, owned by Jay Dan Gigev 2501 LLC led by Raviraj Viradiya, recently completed a $1.3 million renovation.

Keep ReadingShow less