Waramaug Hospitality, a privately held investment firm focused on premium-branded select-service and full-service hotels, has acquired the Hilton Garden Inn Huntsville South/Redstone Arsenal and the Hampton Inn & Suites Athens I-65/Huntsville Area, both in Alabama.
The 102-room Hilton Garden Inn features an indoor pool, deck area, 2,100 sq. ft. of meeting space, fitness center, business center and guest laundry. It is located near Redstone Arsenal, a garrison housing various governmental organizations, including NASA Marshall Space flight Center, Missile Defense Agency and Army Aviation and Missile Command. It is also close to the U.S. Space and Rocket Center and Cummings Research Park.
The 88-suite Hampton Inn & Suites features an indoor pool, fitness center, business center and 650 sq. ft. of meeting space. The property is located three miles from Athens city center and is close to Southern Gayles Golf Course, Canebrake Country Club and the Alabama Veterans Museum.
“Both of these properties showed strong performance during the pandemic and fit well into our investment criteria,” said Craig Nussbaum, EVP, acquisitions, Waramaug Hospitality. “We are planning a comprehensive renovation of both assets to ensure they maintain their status as market leaders.”