Meyer Jabara Hotels (MJH) and Pappas Hotels have teamed to acquire the Courtyard by Marriott Clemson in South Carolina.
“Meyer Jabara Hotels has done a great job over the past two years managing our Holiday Inn Express in Aiken,” said Dean Pappas, president, Pappas Hotels. “From a sales and management perspective this property is thriving, and the people supporting this hotel—from the GM on down—are quite impressive. Couple that with the accessibility of MJH’s executive team and our shared ownership mindset, and we knew they were the right partner to manage and co-own this new hotel.”
The 110-room hotel features an outdoor pool, fitness center, restaurant, convenience store, guest laundry and meeting space. Renovations to the select-service hotel will begin this summer and will include replacement of all softgoods and flooring, a makeover to The Bistro and lobby, and an expansion of the meeting space to incorporate lobby areas for meetings and receptions.
“Our relationship with the Pappas family is quite strong,” said Chas Henry, SVP, business development and acquisitions, Meyer Jabara Hotels. “We identified this property as an ideal addition to both of our portfolios. Our growth strategy is to target well-positioned hotels in strong markets. With prior success in managing university area hotels, MJH will ensure that the Courtyard Clemson remains a vibrant asset.”
Justin Jabara, president Meyer Jabara Hotels, added, “This is an exceptional asset in a healthy market. With more than 29,000 undergraduate and graduate students enrolled at Clemson University, this hotel is a top choice for out-of-towners visiting students and coming for games, graduation, alumni weekends and campus tours—all of whom spend money at local restaurants, shops and attractions. Not only will this property provide excellent employment opportunities for local residents and students, but it is the ideal location to host business meetings and attract professionals visiting the university or nearby industries.”
