financeLodging Magazine·1 min·For: Owner, GM, Investor, Ops
White Lodging Acquires Sheraton Raleigh Hotel
White Lodging has expanded its portfolio with the acquisition of the 353-room Sheraton Raleigh Hotel in North Carolina, with plans for a major renovation starting in 2025.
Key Takeaways
- 1Analyze the strategic value of White Lodging's first entry into the Raleigh, North Carolina market with the acquisition of the Sheraton Raleigh Hotel.
- 2Plan for a comprehensive renovation scheduled to begin in 2025, which will transform guestrooms, public spaces, and the lobby.
- 3Monitor the property's transition as it continues to operate as a Sheraton while being integrated into White Lodging's management portfolio.
Source: Lodging Magazine
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