Skip to content
Search

Latest Stories

HBS acquires HGI in Louisville East, KY

Nimish Patel leads the company as principal and CEO

Hilton Garden Inn Louisville East, a 122-key hotel in Kentucky, under a partly cloudy sky, acquired by HBS Investment Group in March 2025, near the University of Louisville and Kentucky Derby attractions

HBS Investment Group acquired the 122-key Hilton Garden Inn Louisville East in Louisville, Kentucky.

Photo credit: Hunter Hotel Advisors

Who acquired the Hilton Garden Inn Louisville East?

HBS INVESTMENT GROUP, owner of HBS Hospitality, recently acquired the 122-key Hilton Garden Inn Louisville East in Louisville, Kentucky, from an institutional seller, according to Hunter Hotel Advisors. HBS is led by Principal and CEO Nimish Patel.

Hunter’s Tim Osborne, senior vice president, facilitated the transaction.


“We are long-term Louisville investors, and this acquisition complements our local portfolio,” said Patel. “We enjoyed working with Hunter and the seller to complete the transaction.”

The hotel is near the University of Louisville, Kentucky Exposition Center, and Louisville Slugger Museum and Factory. Louisville draws visitors to Museum Row, Fourth Street Live!, and Bourbon tours. Churchill Downs hosts the Kentucky Derby, attracting 150,000 visitors annually and boosting hotel demand. Amenities include a fitness center and indoor pool.

Vrindavan LLC acquired the 48-room SureStay by Best Western Bardstown General Nelson in Bardstown, KY, from Dhamdhani LLC.

More for you

Homewood Suites Augusta acquired by Archer Capital Group in 2025

Archer acquires Homewood Suites in Augusta, GA

Archer Capital Secures Homewood Suites Augusta in 2025

ARCHER CAPITAL GROUP acquired the 65-key Homewood Suites by Hilton Augusta in Augusta, Georgia, from an institutional seller, according to Hunter Hotel Advisors. Miami-based Archer is led by CEO Bakul Sanghvi and Managing Principal Rahil Sanghvi.

Mayank Patel, HHA’s senior vice president, facilitated the transaction with terms undisclosed.

Keep ReadingShow less
Sonesta Essential Hotels Overland Park Kansas 82-room property opening 2025
Photo credit: Sonesta International Hotels Corp.

Sonesta Essential opens in Overland Park, KS

Sonesta Essential Hotels Expands with New Overland Park Location

Sonesta Essential Hotels Overland Park is now open in Overland Park, Kansas. The 82-room upper-midscale property is owned by Mihir Patel.

The hotel is near Overland Park Convention Center, Oak Park Mall, the Museum at PrairieFire and the Nerman Museum of Contemporary Art, Sonesta said in a statement.

Keep ReadingShow less
Residence Inn Noblesville’s modern 112-suite hotel in Indiana, opened 2025
Photo credit: MHG Hotels

Residence Inn opens in Noblesville, IN

Residence Inn Noblesville Welcomes Guests in 2025

Residence Inn by Marriott Noblesville is now open in Noblesville, Indiana. The 112-key property is owned by Indianapolis-based MHG Hotels, led by President and CEO Sanjay Patel.

The property is near Ruoff Music Center, Hamilton Town Center, and Noblesville Business Park. It serves extended-stay guests with studio and one-bedroom suites, a 24-hour market, a fitness center, and an indoor pool, MHG said in a statement.

Keep ReadingShow less
Homewood Suites Chattanooga exterior, acquired by MD and Pulse Hospitality in 2025
Photo credit: Hunter Hotel Advisors

MD, Pulse buy Homewood Suites in Chattanooga, TN

What’s the Deal with Homewood Suites Chattanooga in 2025?

MD HOSPITALITY AND Pulse Hospitality jointly acquired the Homewood Suites by Hilton Chattanooga-Hamilton Place in Chattanooga, Tennessee. The 76-room hotel is near Hamilton Place Mall, Chattanooga Metropolitan Airport, and Volkswagen Chattanooga.

Chattanooga-based MD Hospitality is led by President and CEO Dhaval Patel. Pulse Hospitality is a procurement firm specializing in sourcing and supplying goods and services for the hospitality industry.

Keep ReadingShow less