View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
September 21, 2011

MIG Real Estate acquires Point Inn & Suites Hotel

US-based real estate investment firm MIG Real Estate, formerly known as Stoneridge Capital Partners, has acquired the Point Inn & Suites Hotel in Jackson, Wyoming, US.

US-based real estate investment firm MIG Real Estate, formerly known as Stoneridge Capital Partners, has acquired the Point Inn & Suites Hotel in Jackson, Wyoming, US.

The transaction marks the firm’s fifth hotel acquisition within the last 18 months.

The 90-room, three-storey Point Inn & Suites will undergo a $4.75m renovation and conversion to an unnamed major national brand, which will be completed by May 2012.

MIG has retained Hospitality Management Advisors to manage the property.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Hotel Management Network