MHG Hotels acquires Homewood Suites in Bloomington, IN

The property, near Indiana University, is the company’s second acquisition in two weeks

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MHG Hotels acquisition
MHG Hotels, led by President and CEO Sanjay Patel, recently acquired Homewood Suites Bloomington in Indiana, marking its second acquisition in two weeks, following the Hampton Inn Boca Raton in Florida.

MHG HOTELS, LED by President and CEO Sanjay Patel, recently acquired Homewood Suites Bloomington in Bloomington, Indiana. The property, near Indiana University, is the company’s second acquisition in two weeks.

Previously, the company purchased the Hampton Inn Boca Raton in Florida, expanding its presence in South Florida.

“This acquisition reinforces our commitment to expanding our footprint in key markets,” said Patel. “We are excited about the opportunities this property presents in Bloomington, especially given our strong presence in the area with existing hotels, apartment communities, and another project underway.”

MHG Hotels, based in Indianapolis and Boca Raton, specializes in development, construction, and management, with a portfolio that includes franchises with Marriott, Hilton, and Choice Hotels.

“We are thrilled to integrate Homewood Suites Bloomington into our family of properties,” said Andrew Quinto, MHG Hotels’ chief operating officer. “Our strategic growth in Bloomington, highlighted by our current hotel and apartment communities and another upcoming development, showcases our dedication to serving the community and enhancing the hospitality landscape here.”

In November, MHG Hotels acquired Courtyard West Palm Beach Airport in Florida.