Scarlett Hotel Group (SHG) announced today that the company has purchased the former Wyndham San Antonio River Walk, located at 111 East Pecan Street in San Antonio, as part of a joint venture with Trailbreak Partners.
Luxury 4-star InterContinental hotel checking into San Antonio s River Walk mysanantonio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mysanantonio.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Scarlett Hotel Group (SHG) announced today that the company has purchased the former Wyndham San Antonio River Walk, located at 111 East Pecan.
Instagram / coastalmarketingnetwork The Wyndham San Antonio Riverwalk will receive a $50 million facelift. The Wyndham ceased operation May 31, clearing the way for a top-to-bottom interior renovation of the 410-room hotel, according to the daily. Rob Sadoff, the Chicago-based principal of the Scarlett Hotel Group, told the
Express-News the project is a joint venture with Trailbreak Partners, a Denver-based private equity firm. The hotel, located on East Pecan Street, is the first San Antonio property for both firms.
Construction of the InterContinental is scheduled to begin in October, and the new hotel will open in early 2023. The renovated property will have 390 rooms and a rooftop restaurant and bar.