hilton lafa 1

The Hilton Lafayette, purchased in late April by an out-of-state partnership, is set to undergo a multi-million-dollar renovation and become a Doubletree by Hilton.

Jimmy Thackston
Photo by Robin May
Hilton GM Jimmy Thackston will remain in place as GM for Doubletree

The 415,000-square-foot property was bought as a joint venture between New York-based Garrison Investment Group and Wright Investment Properties Inc. of Memphis, according to management at the local hotel, and will continue to operate as a full-service facility. The sale was recorded in the Lafayette Parish Clerk of Court’s office May 1, with Harte IHR Lafayette LP selling the 6.4-acre site along the banks of the Vermilion River to Lafayette Hotel PROPCO LLC for $30.5 million.

Hospitality Management Advisors Inc., a Memphis-based hotel management company that is an affiliate of Wright Investment Properties, will operate the Doubletree hotel.

“Becoming part of the DoubleTree by Hilton portfolio is a great move for us,” Hilton General Manager Jimmy Thackston said in a prepared release. “We’re proud to represent the brand’s unique, welcoming approach. Our area is known for hospitality and what better way to welcome a guest than with a warm chocolate chip cookie [a Doubletree marketing tool]. With the improvements planned, we’re excited to give our guests an even more incredible experience in Lafayette.”

The renovation is expected to begin in June and be complete by the end of the year. Renovations will include painting of the exterior, a complete overhaul of the lobby, a new restaurant and lounge concept and new furnishings throughout the property.

New bedding, wall coverings and window treatments will update the guest rooms.

The hotel’s 22,000 square feet of function space will also be remodeled in hopes of attracting more meetings and conferences to the city and repositioning the hotel as an attractive conference destination, noted Director of Sales Jennifer Korner.

Both Thackston and Korner have been offered to remain on in their current jobs, and both have accepted.

To post a comment, please log into your IND account. If you do not have an account, click the "register" button to create one. Facebook comments can be used as an alternative to creating an account at theIND.com.

feed-image RSS Feed
Loading
Chart
ABiz Stock Watch
o Home Bancorp 22.40 ▲0.09 (0.40%)
o Frank's International 19.46 ▼0.02 (-0.10%)
o IberiaBank Corp 67.02 ▼0.22 (-0.33%)
o LHC Group 23.96 ▼0.01 (-0.04%)
o MidSouth Bancorp 19.25 ▲0.11 (0.57%)
o Petroquest Energy 5.94 ▼0.02 (-0.34%)
o PHI Inc. 42.85 ▲0.05 (0.12%)
o Superior Energy 33.79 ▼0.42 (-1.23%)
o Stone Energy 32.26 ▼0.12 (-0.37%)
o Facebook Inc. 76.43 ▲0.35 (0.46%)
o Twitter Inc. 50.70 ▼0.13 (-0.26%)
o Gannett 32.29 ▼0.16 (-0.49%)
NYSE:HBCP

Home Bancorp

Company ID [NYSE:HBCP] Last trade:22.40 Trade time:4:00PM EDT Value change:▲0.09 (0.40%)
NYSE:FI

Frank's International

Company ID [NYSE:FI] Last trade:19.46 Trade time:4:05PM EDT Value change:▼0.02 (-0.10%)
NYSE:IBKC

IberiaBank Corp

Company ID [NYSE:IBKC] Last trade:67.02 Trade time:4:00PM EDT Value change:▼0.22 (-0.33%)
NYSE:LHCG

LHC Group

Company ID [NYSE:LHCG] Last trade:23.96 Trade time:4:00PM EDT Value change:▼0.01 (-0.04%)
NYSE:MSL

MidSouth Bancorp

Company ID [NYSE:MSL] Last trade:19.25 Trade time:4:01PM EDT Value change:▲0.11 (0.57%)
NYSE:PQ

Petroquest Energy

Company ID [NYSE:PQ] Last trade:5.94 Trade time:4:03PM EDT Value change:▼0.02 (-0.34%)
NYSE:PHII

PHI Inc.

Company ID [NYSE:PHII] Last trade:42.85 Trade time:3:29PM EDT Value change:▲0.05 (0.12%)
NYSE:SPN

Superior Energy

Company ID [NYSE:SPN] Last trade:33.79 Trade time:4:03PM EDT Value change:▼0.42 (-1.23%)
NYSE:SGY

Stone Energy

Company ID [NYSE:SGY] Last trade:32.26 Trade time:4:00PM EDT Value change:▼0.12 (-0.37%)
NYSE:FB

Facebook Inc.

Company ID [NYSE:FB] Last trade:76.43 Trade time:4:00PM EDT Value change:▲0.35 (0.46%)
NYSE:TWTR

Twitter Inc.

Company ID [NYSE:TWTR] Last trade:50.70 Trade time:4:01PM EDT Value change:▼0.13 (-0.26%)
NYSE:GCI

Gannett

Company ID [NYSE:GCI] Last trade:32.29 Trade time:4:02PM EDT Value change:▼0.16 (-0.49%)
Advertisement

Economic Indicators

  • Real Estate Data
    Real Estate
     
    Rentals
     
    Commercial
     
     
  • Energy Data
    Oil
     
    Gas
     
     
  • Taxable Sales
    Register
     
  • Unemployment Rate
    Employment
     
 

Read the Flipping Paper!

Click Here for the Entire Print Version of
ABiz
 
Advertisement
Advertisement