Skip to content

Search

Latest Stories

Nexgen acquires El Paso, TX, Hampton Inn

The transaction was brokered by Hunter Hotel Advisors

Nexgen Management acquires Hampton Inn & Suites El Paso-Airport to boost Texas hospitality presence

Nexgen Management recently acquired the four-story, 139-room Hampton Inn & Suites El Paso-Airport in El Paso, Texas.

Summary:

  • Nexgen Management acquired the four-story, 139-room Hampton Inn & Suites El Paso-Airport in El Paso, Texas.
  • Hunter Hotel Advisors brokered the transaction, led by Senior Vice President Kami Burnette and Vice President Mason McDavid.
  • The property is near El Paso International Airport, Marathon Petroleum, Veolia, Kinder Morgan, the Hospitals of Providence, University Medical Center of El Paso and the University of Texas at El Paso.

NEXGEN MANAGEMENT RECENTLY acquired the four-story, 139-room Hampton Inn & Suites El Paso-Airport in El Paso, Texas. The Texas-based company, led by CEO Paul Uppal, focuses on limited and full-service hotel segments in the U.S.


The transaction was brokered by Hunter Hotel Advisors, led by Senior Vice President Kami Burnette and Vice President Mason McDavid, Hunter said in a statement.

“This is our second transaction in El Paso in 2025,” said Burnette. “We facilitated this sale to support the buyer’s continued growth across their hospitality portfolio along the border.”

The property is near El Paso International Airport, which serves more than 3.9 million passengers and handles more than 96,000 aircraft operations annually, the statement said. The area includes operations by Marathon Petroleum, Veolia and Kinder Morgan, as well as institutions such as The Hospitals of Providence, University Medical Center of El Paso and the University of Texas at El Paso.

Nearby sites include Sun Bowl Stadium, El Paso Museum of Art, and El Paso Zoo and Botanical Gardens. The hotel includes a fitness center, business center and outdoor pool.

In April, Whitestone Capital, a subsidiary of Whitestone Cos. led by CEO Jay Batra, acquired the 189-key Westin Great Southern Hotel in Columbus, Ohio, in an all-cash deal.

More for you

Vision Hospitality Group's Embassy Suites Chattanooga opening
Photo Credit: Vision Hospitality Group

Vision opens Embassy Suites in Chattanooga, TN

Summary:

  • Vision opened the $60 million Embassy Suites by Hilton Chattanooga Downtown in Tennessee.
  • The company presently owns 44 hotels across the U.S., including 15 in Chattanooga.
  • It is working with SquareOne Holdings to manage food and beverage operations.

Embassy Suites by Hilton Chattanooga Downtown is now open in Chattanooga, Tennessee. The $60 million hotel, developed by Vision Hospitality Group, features 144 rooms across seven stories in the city’s riverfront district.

Keep ReadingShow less
Mahaveer Acquires AmericInn in Detroit Lakes, Minnesota
Photo credit: Wyndham Hotels & Resorts

Mahaveer buys Detroit Lakes, MN, AmericInn

Summary:

  • Mahaveer acquired the 46-key AmericInn by Wyndham in Detroit Lakes, Minnesota.
  • The seller is Thief River Falls, Minnesota–based Cwikla Hospitality LLC.
  • The hotel, built in 1995 sits on a 3-acre site on U.S. Highway 10.

MAHAVEER LLC, ACQUIRED the 46-key AmericInn by Wyndham Detroit Lakes in Detroit Lakes, Minnesota, from Cwikla Hospitality LLC for an undisclosed price. Marcus & Millichap brokered the property for the buyer.

Keep ReadingShow less
Exterior view of Element by Westin Wilmington at Mayfair Town Center, North Carolina
Photo credit: Marriott International

Element Wilmington, N.C., opens as Vision, CBL joint project

Summary:

  • Vision Hospitality Group and CBL & Associates opened the Element Wilmington in North Carolina.
  • It is Vision’s second Element and 43rd hotel.
  • The hotel in Mayfair Town Center is near Wrightsville Beach and downtown.

The Element by Westin Wilmington is now open in Wilmington, North Carolina. The 139-key hotel was jointly developed by Vision Hospitality Group, led by Founder and CEO Mitch Patel, and CBL & Associates, led by President and CEO Stephen Lebovitz.

Keep ReadingShow less
Red Roof Inn in Washington DC Reopens
Photo credit: Red Roof

Red Roof D.C. reopens after renovations

Summary:

  • Gopal Inc. opened the 53-room Red Roof Inn in Washington, D.C.
  • The hotel is near landmarks including the White House.
  • It is a pet-friendly hotel.

Red Roof Inn is now open in Washington, D.C. following renovations. The 53-room, pet-friendly hotel is owned by Gopal Inc.

Keep ReadingShow less
Northstar Acquires 2 Airport Hotels in Jacksonville, Florida

Northstar acquires 2 Jacksonville, FL, hotels

Summary:

  • Northstar Hotels acquired the 78-key Residence Inn and 81-key Courtyard in Jacksonville, Florida.
  • The properties are near Jacksonville International Airport.
  • Nearby demand drivers include Swisher International, Coach Distribution and Glassfloss Industries.

NORTHSTAR HOTELS MANAGEMENT acquired the 78-key Residence Inn Jacksonville Airport and the 81-key Courtyard Jacksonville Airport Northeast in Florida from an institutional seller. Renovations are planned for both properties.

Keep ReadingShow less