Alpental Capital acquired the full-service DoubleTree by Hilton Leominster, Massachusetts in late December 2023. Located off I-190, the DoubleTree Leominster provides both business and leisure travelers access to nearby businesses, attractions, and outdoor recreation throughout the Leominster-Fitchburg area. The hotel has 187 guestrooms, nearly 15,000 square feet of meeting space, an indoor pool and fitness center, and an on-site restaurant and bar. Alpental plans to invest in property improvements to further the guest experience.
“We are excited to add the DoubleTree Leominster to our growing portfolio,” said Greg Wilson, managing partner of Alpental Capital. “This off-market acquisition aligns perfectly with our strategy of investing in quality, premium-branded hotels in dynamic markets with strong in-place performance and growth potential.”
This investment is the 10th hotel Alpental has purchased since mid-2021, as well as Alpental’s third DoubleTree hotel and second hotel located in the Northeast. Alpental is pursuing additional expansion opportunities in select markets throughout the country.
