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DelMonte Hotel Group and Rockbridge acquire Courtyard Providence Downtown for renovation

DelMonte Hotel Group and Rockbridge acquire Courtyard Providence Downtown for renovation

04/18/24, 2:43 AM
Location
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Industry
hospitality
financial services
The Courtyard Providence Downtown, operated by Marriott, has been acquired by DelMonte Hotel Group and Rockbridge. The new owners have exciting plans for a top-to-bottom renovation of the hotel, marking DelMonte's first venture into Rhode Island. Rockbridge, with its extensive experience in hospitality-focused investment, is thrilled to grow its partnership with the acquisition of the Courtyard Providence Downtown.

Company Info

Company
DelMonte Hotel Group
Location
Rochester, New York, United States
Company info
With over 45 years of hospitality experience, the DelMonte Hotel Group has a proven track record of building quality assets and maximizing returns without sacrificing guest satisfaction. Consistently recognized as one of the top hotel management companies in the country, the DelMonte Hotel Group continues to build an expanding portfolio that defines excellence. DHG owns and operates across a multi-brand platform including Marriott and Hilton.
Company
Rockbridge
Location
Columbus, Ohio, United States
Company info
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.