Aristocrat Hotel in Dallas to Become Hotel Indigo
DALLAS, TX, December 12, 2005. The Aristocrat Hotel- on the corner of Main Street at Harwood Avenue- will become Hotel Indigo, a boutique hotel chain franchised by InterContinental Hotels Group, according to published reports.
Under the Hotel Indigo flag, hotel rooms will cost $130 to $140 a night- at the higher end of the downtown hotel market. Renovations began soon after the 14-story Aristocrat was acquired by Richmond, VA-based Bijoy L.L.C. in August. Bijoy is spending $5 million on the hotel conversion, which will be complete by spring 2006.
Texas is set to have several Hotel Indigos, including one in downtown Fort Worth, where the Clarion Hotel is being converted to a Hotel Indigo by Lubbock-based Pearl Investments.
To date, the only other cities with Hotel Indigos are Atlanta, with one, and Chicago, with two. The Aristocrat is an ideal match for the hotel chain, which targets existing hotels, Anhut said.
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