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New Castle Acquires Historic LaSalle Hotel Near Texas A&M - Plans Renovation and Marriott Soft Branding

Julian Buffam and Jeremy Buffam, partners at New Castle Hotels & Resorts (NCH), a leading hotel investment, development and management company, today announced the acquisition of the 55-room, historic LaSalle Hotel in Bryan, Texas. Built in 1928, the hotel is located in the heart of downtown Bryan, recognized by Forbes as the Best Small Place for education, business, and careers. Following an extensive interior and exterior renovation of the property, the LaSalle will join the Marriott Tribute Portfolio , a family of independent boutique hotels. Municipal incentives from the City of Bryan and historic tax credits will help support projected capital improvements of $110K per key. ....

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Briefs: Related, Wynn pursue NYC casino; New Castle acquires in Texas – HOTELSMag.com

Briefs: Related, Wynn pursue NYC casino; New Castle acquires in Texas – HOTELSMag.com
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