Skip to content

Search

Latest Stories

Residence Inn opens in Noblesville, IN

MHG Hotels is led by President & CEO Sanjay Patel

Residence Inn Noblesville’s modern 112-suite hotel in Indiana, opened 2025

Indianapolis-based MHG Hotels recently opened the Residence Inn by Marriott Noblesville in Noblesville, Indiana.

Photo credit: MHG Hotels

Residence Inn Noblesville Welcomes Guests in 2025

Residence Inn by Marriott Noblesville is now open in Noblesville, Indiana. The 112-key property is owned by Indianapolis-based MHG Hotels, led by President and CEO Sanjay Patel.

The property is near Ruoff Music Center, Hamilton Town Center, and Noblesville Business Park. It serves extended-stay guests with studio and one-bedroom suites, a 24-hour market, a fitness center, and an indoor pool, MHG said in a statement.


"We are thrilled to open the doors of Residence Inn Noblesville and bring Marriott’s premier extended-stay brand to this vibrant and growing community," said Andrew Quinto, MHG Hotels’ chief operating officer. "Whether guests are staying for a few days or a few weeks, our team is committed to providing an exceptional experience that makes everyone feel at home."

MHG Hotels, founded over two decades ago, focuses on development, construction, management, and investment, the statement said. Its portfolio includes brands such as Hilton Hotels & Resorts, Marriott International, InterContinental Hotels Group and Choice Hotels International.

In January, MHG made its first purchase of 2025 with the acquisition of the 92-suite Homewood Suites by Hilton Indianapolis Downtown, an extended-stay hotel in the historic Weber Building.

More for you

Embassy Suites in Gulf Shores Alabama

Embassy Suites opens in Gulf Shores, AL

Summary:

  • Peachtree Group, Woodbine Development and DD Partners opened the Embassy Suites Gulf Shores on Alabama’s Gulf Coast.
  • The eight-story, 257-room hotel includes 13,620 square feet of meeting space, with a 7,800-square-foot ballroom overlooking the Gulf.
  • Peachtree provided a $42 million floating-rate first mortgage to Banyan Street Capital for the acquisition and repositioning of the Atlanta Financial Center.

Embassy Suites by Hilton Gulf Shores Beach Resort is now open in Gulf Shores, Alabama. The eight-story, 257-room, all-suite hotel was developed by Peachtree Group, Woodbine Development Corp. and DD Partners LLC.

Keep ReadingShow less
Hilton Garden Inn Springfield Illinois
Photo credit: Hunter Hotel Advisors

Witness acquires Springfield, IL, Garden Inn

Summary:

  • Witness Investment acquired the 117-key Hilton Garden Inn in Springfield, Illinois, from Schulte Hospitality Group.
  • The hotel is near the University of Illinois Springfield, Capital City Shopping Center and the $67 million Scheels Sports Park, expected to draw 200,000 visitors and generate $30 million annually.
  • Witness, based in Indianapolis, is led by principals Gurtej Medi and Sagar Patel.

WITNESS INVESTMENT RECENTLY acquired the 117-key Hilton Garden Inn Springfield in Springfield, Illinois, from Schulte Hospitality Group. The transaction is part of the company’s strategy for expansion in the region.

Keep ReadingShow less
Excel Group Acquires 2 Hotels Near Sawgrass Coconut Creek FL
Photo credit: Marriott and Hilton

Excel buys 2 hotels in Coconut Creek, FL

Summary:

  • Excel Group reportedly acquired the Residence Inn and Hampton Inn & Suites in Coconut Creek, Florida, for $21.17 million.
  • The 105-room Residence Inn was built in 2019; the adjacent Hampton Inn & Suites, built in 2014, also has 105 rooms.
  • Founded in 2011, Excel owns, develops, invests in, and manages U.S. hotels, with about $1 billion in acquisitions.

EXCEL GROUP, A private equity firm that owns and develops hotels, reportedly acquired the Residence Inn and Hampton Inn & Suites in Coconut Creek, Florida, for $21.17 million. The Arlington, Virginia-based firm is led by Founder and Principal Shoham Amin.

Keep ReadingShow less
ESA Extended Stay Select Suites Debuts in Wildwood, Florida

ESA Select Suites opens in Wildwood, FL

Summary:

  • Orlando-based Southern Hospitality, led by President Nikesh Shah, recently opened Extended Stay America Select Suites Wildwood – The Villages in Wildwood, Florida.
  • The hotel offers apartment-style suites and a fitness center across 50,000+ square feet on 1.75 acres.
  • A recent ESA survey found extended-stay hotels outperform vacation rentals and apartments in comfort, value and sense of home.

Extended Stay America Select Suites Wildwood – The Villages is now open in Wildwood, Florida. The four-story, 124-room property, developed by Southern Hospitality, is the first to feature the Select Suites new-construction prototype.

Keep ReadingShow less
Baywood Acquires Hyatt Place Miami Airport-West/Doral |Miami

Baywood acquires Miami Hyatt Place

Summary:

  • Baywood Hotels, based in Columbia, Maryland and led by President Al Patel, acquired the 124-room Hyatt Place Miami Airport-West/Doral in Miami.
  • The hotel is near Miami International Airport, South Beach, UPS, FedEx, Boeing, and the upcoming Oasis of Doral.
  • Hunter Hotel Advisors, led by Robert Taylor and Sophia Pittaluga, brokered the sale.

BAYWOOD HOTELS RECENTLY acquired the 124-room Hyatt Place Miami Airport-West/Doral in Miami. Hunter Hotel Advisors, led by Executive Vice President Robert Taylor and Senior Vice President Sophia Pittaluga, brokered the sale, Hunter said in a statement.

Keep ReadingShow less