financeHotels Magazine··1 min·For: Owner, GM, Investor, Ops
Greenwich Hospitality Acquires The Exeter Inn Leasehold
Greenwich Hospitality Group has acquired a 57-year leasehold for The Exeter Inn in New Hampshire, partnering with Main Street Hospitality and Arbor Lodging for a full property repositioning.
Key Takeaways
- 1Acquire a 57-year leasehold interest in The Exeter Inn from Phillips Exeter Academy to anchor a strategic New England expansion.
- 2Implement a comprehensive repositioning strategy focused on upgrading guest rooms, public spaces, and F&B outlets.
- 3Leverage Main Street Hospitality for ongoing asset management to capitalize on consistent demand from the nearby Academy and Seacoast region.
Source: Hotels Magazine
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