Maine Course Hospitality Group (MCHG) has acquired the Homewood Suites by Hilton Saratoga Springs in Upstate New York. This marks the 27th hotel in the company’s portfolio and strengthens its presence in the Northeast hospitality market.
Berkadia brokered the sale of the property, with Managing Director Denny Meikleham and Associate Director John Kluh of Berkadia Hotels & Hospitality leading the transaction on behalf of the seller, a joint venture partnership between DelMonte Hotel Group and XSS Hotels.
The hotel offers 113 suites with fully equipped kitchens, complimentary breakfast, evening socials, a fitness center and an indoor pool. It is located near the Saratoga Race Course, downtown Saratoga Springs and Skidmore College.
“We are extremely pleased to add our 27th hotel to the Maine Course portfolio,” said MCHG CEO Sean Riley. “This award-winning brand fits perfectly with our family of hotels, which includes three properties in Albany, NY. Saratoga Springs is a community we have wanted to be a part of for many years, and we look forward to making a positive impact within this community.”
Jonathan D. Bogatay, MCHG president, added, “Saratoga Springs fits our focus on quality properties in strong markets. We are excited to add another Homewood Suites, a proven premium brand, with a talented team that has delivered outstanding results for many years now, to our growing portfolio of hotels.”