AJ Capital Partners Acquires Maryland’s Loews Annapolis Hotel for Conversion to Graduate Annapolis
Adventurous Journeys (AJ) Capital Partners announced that it has acquired the Loews Annapolis Hotel in Annapolis, Maryland. The hotel will operate independently as Hotel Annapolis while renovations take place. Once complete in fall of 2019, the hotel will be converted to Graduate Annapolis, part of the Graduate Hotels® collection. The six-story, 215-room hotel is located in downtown Annapolis' Arts District and is less than a mile from the U.S. Naval Academy campus.
Ideally situated on West Street at Lafayette Avenue in the heart of downtown Annapolis, the hotel is surrounded by numerous museums, historic sites and art galleries, as well as some of the best dining and shopping the city has to offer. The hotel is easily accessible to the Maryland State House, Chesapeake Bay, the Naval Academy Yard and the Navy-Marine Corps Memorial Stadium.
Created for travelers who seek memory-making journeys, Graduate Hotels® is a thoughtfully crafted collection of hotels that reside in the most dynamic university-anchored cities across the country. Each property celebrates and commemorates the optimistic energy of its community, while offering an extended retreat to places that often play host to the best days of our lives. There are currently 11 open and operating hotels across the U.S. and an additional nine hotels under development slated to open by 2020.
“We could not be more thrilled about this acquisition and about bringing Graduate Hotels to Annapolis,” says Tim Franzen, President of Graduate Hotels®. “This will be our first foray into the home community of a U.S. military service academy. We are looking forward to serving the friends and family of those who so bravely serve our Country.”
The hotel will undergo a comprehensive renovation to convert it to Graduate Annapolis, which will touch all guestrooms, common areas, the restaurant and the hotel's 20,000 square feet of flexible, indoor and outdoor meeting and events space.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
