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NewcrestImage Acquires The Hotel Zags in Portland
financeLodging Magazine··1 min·For: Owner, Investor, GM

NewcrestImage Acquires The Hotel Zags in Portland

NewcrestImage has acquired The Hotel Zags, a 174-room luxury lifestyle boutique property located in downtown Portland, Oregon. The company will manage the property in-house as part of its geographic and segment diversification strategy.

Key Takeaways

  1. 1NewcrestImage acquires the 174-room The Hotel Zags in Portland's Cultural District
  2. 2The property will be managed in-house by NewcrestImage
  3. 3Amenities include the PLS on Sixth restaurant and 2,700 sq. ft. of event space

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Source: Lodging Magazine

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