Jalaram Sleepy Hollow Fairfield Inn Acquisition 2025: Southaven Growth
JALARAM SLEEPY HOLLOW acquired the 91-key Fairfield Inn & Suites Memphis Southaven in Southaven, Mississippi, from Helix Hospitality. Hunter Hotel Advisors’ Senior Vice President Tim Osborne and Vice President Chase Perry brokered the deal.
The hotel, renovated in 2023, is near several demand drivers in Southaven, 15 miles south of downtown Memphis, Hunter said in a statement. They include major employers such as Amazon, Milwaukee Tool, Williams-Sonoma and FedEx. XAI recently opened a nearby supercomputer site with expansion plans, the statement said.
“Southaven is our home and a strategic market for our company’s growth,” said Rohan Patel of Jalaram Hotel Group. “It was a pleasure to work with Hunter and Helix on the acquisition.”
The property features a fitness center, meeting space and an outdoor pool.
HBS Investment Group, led by Principal and CEO Nimish Patel, recently acquired the 122-key Hilton Garden Inn Louisville East in Louisville, Kentucky, from an institutional seller.
