Williamsburg, VA-based Newport Hospitality Group, Inc. is the new owner of the DoubleTree Suites by Hilton Hotel Philadelphia West located at 640 Fountain Road in Plymouth Meeting (across Hickory Road from the Plymouth Meeting Mall). This is the company’s 14th hotel in Pennsylvania. It purchased the hotel from CRVI DTS Plymouth Sub Holdco LLC.
The seven-story hotel includes 253-rooms (full-service, all-suites) and 13 meeting rooms with 6,326 total square feet of meeting space with the largest being 2,856 square feet. Within the hotel is a restaurant that offers a breakfast buffet and lunch and a bar with an evening menu. In addition, there is concierge service, an indoor pool, a fitness room, and a business center.
“The DoubleTree Suites by Hilton Hotel Philadelphia West complements our Philadelphia area and Northeastern hotels, which will continue to produce outstanding results for our owners.” adds Wayne West III, chief operating officer and president at Newport Hospitality Group, “We are excited to start a successful relationship with the hotel’s talented team and Tony Re’ as we work with Kingsbury Hospitality REIT I, Inc. helping to develop and expand this portfolio.”
Within the next year, Newport Hospitality Group plans to change the hotel to an Embassy Suites. “We are thrilled to establish a relationship with a renowned hospitality management company like Newport Hospitality Group, beginning with our first acquisition.” shared Tony Re’, president at Kingsbury Hospitality REIT I, Inc.