Rockbridge and Delmonte Hotel Group Acquire Courtyard in Downtown Providence, Rhode Island
Rockbridge and Delmonte Hotel Group announce the acquisition of the 219-room Courtyard Providence Downtown, Rhode Island. DelMonte will manage the property.
The Courtyard is positioned in a prime downtown location in the heart of Providence's Capital steps away from the Rhode Island Convention Center, historic Union Station Complex, and the headquarters of Citizens Financial Group. Brown University, Johnson and Wales University and Amica Mutual Pavilion are also within walking distance.
The hotel will undergo a comprehensive makeover, featuring a full renovation of all guestrooms, extensive upgrades to all public spaces and modernization of the building's exterior.
"The Courtyard Providence is ideally located in the market. We are also excited about the full renovation which will enhance the guest experience," said Matt Welch, Managing Director, Rockbridge. "And we are looking forward to continuing our relationship with management partner, DelMonte Hotel Group."
About Rockbridge
Rockbridge, a vertically-integrated, hospitality-centered investment firm with more than 24-years in business, has been investing in and building brands in the hospitality and commercial real estate industries. The business has made over 295 investments in 39 states worth over $10.3 Billion in total capitalization and has over $3.8 Billion in assets under management.Rockbridge has built a family of hospitality, development, and management company brands, and its continued success is a result of its core Rocks: Relevance, Relationships, Resilience, and Responsibility. Rockbridge has been honored for a fourth consecutive year as a top, philanthropic community-focused organization in Central Ohio. Learn more at www.rockbridgecapital.com and Instagram.
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