Skip to content

Search

Latest Stories

Whitestone reopens hotels in Colorado Springs, CO

Regal Hospitality will manage the properties

Hilton Garden Inn in Colorado Springs, USA, renovated by Whitestone Capital in 2025 for enhanced hospitality

Whitestone Capital recently reopened the dual-branded Hilton Garden Inn and Homewood Suites Colorado Springs North in Colorado.

Whitestone Capital Elevates Colorado Springs Hospitality

Hilton Garden Inn Colorado Springs North and Homewood Suites Colorado Springs North are now open in Colorado Springs, Colorado. Whitestone Capital, a division of Whitestone Cos. led by CEO Jay Batra, recently completed year-long renovations of the dual-branded property with Ohio-based Striv Design.

Regal Hospitality, a subsidiary of Whitestone Cos., will manage operations, according to a company statement.


“We are thrilled to reintroduce these hotels to the community and our loyal guests,” said Batra. “Our teams, along with Striv Design and Regal Hospitality, have created spaces that elevate the travel experience. We invite both business and leisure travelers to experience it for themselves.”

The Hilton Garden Inn and Homewood Suites are adjacent to each other and near the U.S. Air Force Academy. The properties offer indoor and outdoor pools and three fitness areas for business travelers.

Batra said the properties were valuable assets that needed investment to position them as key properties in the area.

“The first time we toured the property, we were at a loss for words at the mountain views from the guestrooms,” said Chuck Groger, Whitestone’s chief revenue officer. “We knew then all the properties needed was a renovation and a management team who cared. And now, with the transformation complete, we are thrilled to celebrate it with the entire Colorado Springs community.”

Whitestone recently acquired the 144-room Homewood Suites by Hilton Minneapolis-Mall of America, its first investment in Minnesota and fourth Homewood Suites purchase in 18 months.

More for you

NexGen Hotels Chicago acquisition

NexGen acquires Claridge House in Chicago

NexGen Hotels Expands with Claridge House Chicago Acquisition

NEXGEN HOTELS ACQUIRED the 165-room Claridge House Chicago in Chicago’s Gold Coast Historic District. The hotel will rebrand this summer as part of Hilton’s Tapestry Collection.

NexGen, based in Itasca, Illinois, is led by President Chris Patel.

Keep ReadingShow less
Exterior view of Hampton Inn in Alabama, Prattville, acquired by Sage Lane Partners in 2025, showcasing a key hospitality investment in the U.S. market.

Sage Lane, ARK acquire Hampton Inn in Alabama

Sage Lane Expands with Hampton Inn in Alabama Acquisition

A JOINT VENTURE between Sage Lane Partners and ARK Holdings recently acquired the 101-room Hampton Inn & Suites Prattville in Prattville, Alabama. Sage Lane, a private equity real estate firm, is led by Managing Partners Bhavnesh and Bhavin Vivek, while ARK, a hotel development and management company, is led by CEO Azim Saju and will operate the hotel.

This acquisition continues Sage Lane’s growth since its 2024 formation, reaching more than $350 million in assets under management, the duo said in a joint statement.

Keep ReadingShow less
Peachtree adds NJ hotel to DST portfolio

Peachtree adds NJ hotel to DST portfolio

PEACHTREE GROUP RECENTLY launched the 114-key Residence Inn Ocean Township along the Jersey Shore in New Jersey, structured as a Delaware Statutory Trust. This marks the company’s eighth DST offering since launching the program in 2022.

The Residence Inn is in Monmouth County, one of the wealthiest counties in the U.S., known for its high median income and vibrant year-round economy, Peachtree said in a statement.

Keep ReadingShow less
Marriott buys Chadha’s citizenM

Marriott buys Chadha’s citizenM for $355 million

MARRIOTT INTERNATIONAL IS acquiring citizenM, the Netherlands-based select-service brand founded by Rattan Chadha in 2008, for $355 million. The brand’s current portfolio includes 36 open hotels with 8,544 rooms across more than 20 cities in the U.S., Europe and Asia-Pacific, including New York, London, Paris and Rome.

The brand’s pipeline includes three hotels under construction, totaling more than 600 rooms, expected to open by mid-2026, with potential for further growth across Marriott’s global regions over the next decade.

Keep ReadingShow less