increase font size
New Hampshire developer buys majority stake in 2 Portland hotels
XSS Hotels acquired a controlling interest in the Portland Harbor Hotel and The Inn at Diamond Cove.
A New Hampshire hotel developer has bought a majority stake in two high-end Portland hotels.
XSS Hotels, based in Hooksett, said Wednesday that it acquired a controlling interest in the Portland Harbor Hotel, on Fore Street in the Old Port, and The Inn at Diamond Cove, on Great Diamond Island in Casco Bay.
The deal also includes restaurants at both hotels and a marina on the island. Bateman Partners, the hotels’ original Portland developer, will keep a minority stake in the properties.
Memorial Day parades and events - New Hampshire Magazine nhmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nhmagazine.com Daily Mail and Mail on Sunday newspapers.
Where To Go If It Rains (or It s Too Darn Hot!) - New Hampshire Magazine nhmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nhmagazine.com Daily Mail and Mail on Sunday newspapers.