Giri Hotels has announced its latest acquisition – the Anchorage by the Sea hotel in Ogunquit, Maine.
Upon completion of the deal, Anchorage by the Sea will become Giri Hotels’ 47th hotel and its 24th property in Maine.
Go deeper with GlobalData
The 249-room hotel is situated on the ocean and next to the renowned Marginal Way.
The property offers its guests a range of modern amenities including ocean access, heated indoor and outdoor pools, a hot tub and an onsite restaurant and bar.
With its prime location in downtown Ogunquit, visitors can enjoy shopping, dining, and exploring local attractions such as Perkins Cove and the Ogunquit Playhouse, the press statement reported.
In addition, the hotel is also an ideal setting for weddings, corporate events and bus tours.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataGiri Hotels director of operations Michael Scavotto said: “Anchorage by the Sea is a classic New England hotel that exemplifies what we love about Ogunquit.
“Waterfront access to Maine’s unique coast, onsite restaurant and bar and great amenities make it the perfect place to stay. This hotel has been a family-run property since 1978 and now it is coming to the Giri family.”
The deal was brokered by Wason Associates Hospitality Real Estate, acting on behalf of the seller – AMIO and Anchorage Motor Inn Ogunquit.
Wason Associates’ Earle Wason said: “This is likely the highest sale price of a hotel ever in the State of Maine and it was a great privilege to have facilitated such a transaction.”
