03/18/2024
Hilton has announced a deal to acquire the Graduate Hotels brand from AJ Capital Partners for $210 million. AJ Capital will retain ownership of the real estate, and Hilton will enter into franchise agreements for all existing and signed pipeline properties. The deal is expected to finalize in the second quarter.
Hotel Remedy is personally excited for this new partnership as we are big fans of the Graduate brand in locations such as Nashville TN, and Providence, RI.
Hilton announces a strategic move with the acquisition of Graduate Hotels, marking a significant expansion into the fast-growing lifestyle hotel market. This partnership combines the charm of Graduate's university town hotels with Hilton's global reach, offering new opportunities in college towns wo...