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Jalaram acquires Fairfield Inn in Southaven, MS

Renovated in 2023, the hotel is near several demand drivers in Southaven

Jalaram Sleepy Hollow Fairfield Inn acquisition 2025 Southaven exterior

Jalaram Sleepy Hollow acquired the 91-key Fairfield Inn & Suites Memphis Southaven in Southaven, Mississippi, from Helix Hospitality.

Vishnu Rageev R.
By Vishnu Rageev R.Apr 07, 2025
Vishnu Rageev R.

Vishnu Rageev R is a journalist with more than 15 years of experience in business journalism. Before joining Asian Media Group in 2022, he worked with BW Businessworld, IMAGES Group, exchange4media Group, DC Books, and Dhanam Publications in India. His coverage includes industry analysis, market trends and corporate developments, focusing on retail, real estate and hospitality. As a senior journalist with Asian Hospitality, he covers the U.S. hospitality industry. He is from Kerala, a state in South India.

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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.

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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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