Waramaug Acquires 279-Key Embassy Suites by Hilton Dallas, Texas
Waramaug Hospitality, a private investment group focused on acquiring legacy branded assets throughout the United States, announced today the acquisition of the Embassy Suites by Hilton Dallas Park Central Area located in Dallas, Texas.
The 279-suite hotel features spacious two-room suites with separate living and sleeping areas, free Wi-Fi, fitness and business center, indoor pool along with complimentary breakfast and nightly manager's receptions. With approximately 7,800 square feet of flexible meeting space, the property is perfectly positioned to host corporate and social events. Its 4,300 Metroplex Ballroom can accommodate up to 400 guests.
"The Embassy Suites Dallas Park Central is well-positioned in the market near numerous business, retail, medical, and educational demand generators," said Craig Nussbaum, Senior Vice President, Waramaug Hospitality. "An extensive renovation of the hotel coupled with new management will allow us to achieve upside in operating performance."
The Embassy Suites by Hilton Dallas Park Central is located in the heart of Northern Dallas in close proximity to the Galleria, known as the premier retail destination of the Southwest, as well as the global headquarters for Texas Instruments, Raytheon, Blue Cross Blue Shield, Interstate Batteries, Dallas Medical City Hospitality and the University of Texas at Dallas.
Waramaug is planning a comprehensive renovation of the property to bring it up to current Embassy brand standards, including guest rooms, and a refresh of all public spaces. Interstate Hotels & Resorts will manage the property.