Tag: NewcrestImage
NewcrestImage Announces Opening of The Elmore Hotel
SOUTHLAKE, Texas—The Elmore Hotel opened under the ownership of NewcrestImage and the management of Coury Hospitality in Southlake, Texas. With 175 rooms and four...
NewcrestImage Acquires Three Courtyard Hotels
NewcrestImage acquired three Courtyard by Marriott hotels from W.P. Carey. Two properties—Albuquerque International Sunport and Indianapolis International Airport—have already closed, while Chicago O’Hare International...
NewcrestImage and Dabu Group Acquire Marriott Dallas/Fort Worth Westlake
In a joint venture, NewcrestImage and Dabu Group have acquired the full-service Marriott Dallas/Fort Worth Westlake. The hotel has architecture by Mexican architect Ricardo...
NewcrestImage and Coury Hospitality Enter Partnership With 50 Percent Ownership Stake
DALLAS—NewcrestImage has entered into a strategic partnership with Coury Hospitality, based in Dallas, with a 50 percent ownership stake. This alliance marks a venture...
Opportunistic Outlook: Mehul Patel on NewcrestImage’s Acquisition Strategy
In 2022, NewcrestImage acquired nearly 90 hotels. Managing Partner and CEO Mehul Patel expects to top that number in 2023. To date, the Dallas,...