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Milan opens AC Hotel in Asheville, NC

The company is led by President and CEO Monark Patel

Milan Hotel Group Opens AC Hotel in Asheville, NC

North Carolina-based Milan Hotel Group recently opened the 127-key AC Hotel by Marriott in Asheville, North Carolina’s Biltmore Village.

Summary:

  • Milan Hotel Group, led by CEO Monark Patel, opened the 127-room AC Hotel by Marriott in Asheville, North Carolina.
  • Located near the Biltmore Estate, the hotel has 57 rooms with balconies and 34 suites.
  • Amenities include 2,850 square feet of event space, an indoor pool with whirlpool spa, a 24-hour fitness center and the AC Lounge.

The AC Hotel by Marriott Asheville Biltmore Village in Asheville, North Carolina, is now open. The property is owned and operated by Milan Hotel Group, led by President and CEO Monark Patel.


The renovated property, located near Biltmore Estate, features 127 guestrooms, including 57 with private balconies and 34 suites, Milan said in a statement.

“We’re honored to bring a fresh take on hospitality to Biltmore Village and contribute to its continued growth,” said Patel. “This opening represents our team’s commitment to elevating the guest experience in Asheville and beyond.”

The hotel offers 2,850 square feet of meeting and event space, including the Magnolia Ballroom, which can be divided into three sections and a 1,000-square-foot pre-function area connected to an outdoor patio, recommended for receptions and social gatherings, Milan said. All spaces are equipped with integrated A/V and projection systems.

Amenities include an indoor pool with whirlpool spa, a 24-hour fitness center and the AC Lounge, the statement said. Guests have access to three outdoor patios and on-site parking.

Sagemont Hotels, led by President and CEO Hiral Patel, recently opened the five-story, 128-room Homewood Suites by Hilton in Fremont, California.

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Milan Hotel Group Acquire 2 Marriott Hotels in Asheville, NC
Photo credit: Hunter Hotel Advisors

Milan acquires hotels in Asheville, NC

Summary:

  • Milan acquired the SpringHill Suites and Courtyard in Asheville, NC.
  • Milan is led by President and CEO Monark Patel.
  • Hunter’s Sophia Pittaluga brokered the off-market deal.

MILAN HOTEL GROUP acquired the 88-room SpringHill Suites by Marriott Asheville and the 78-room Courtyard by Marriott Asheville in North Carolina from an institutional seller. Hunter Hotel Advisors brokered the off-market transaction.

The hotels are about five minutes from downtown Asheville, Hunter said in a statement. They have access to Asheville’s main tourism, medical and corporate corridors. Their proximity to the Biltmore Estate, Biltmore Village, the Blue Ridge Parkway and the Tunnel Road retail district supports year-round visitation, along with healthcare, education and regional corporate travel.

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