The historic Omni Majestic Hotel, built in 1913, was acquired for an undisclosed price by Hawkeye Hotels, based in Burlington, Iowa. This is the second historical property acquired by the group in the past two months. Hawkeye Hotels recently acquired Hotel Modern, a 10-story hotel in New Orleans, La.The Omni Majestic Hotel is located in the heart of the St. Louis Central Business District, which is home to nine Fortune 500 companies.
The Omni Majestic Hotel is located in the heart of the St. Louis Central Business District, which is home to nine Fortune 500 companies.
In a news release, President of Hawkeye Hotels Ravi Patel said his company plans to completely refurbish and rebrand the hotel. Once renovations are complete, the brand and flag of the hotel will be determined. Patel said Hawkeye Hotels is in talks with partners such as Marriott, Hilton and IHG.
“We’re taking great care to restore and update a hotel that has been around for over a century,” Patel said. After renovations are complete, the historic hotel will feature a 24-hour business center, high-speed internet, a fitness center, and 1,800 square feet of meeting space.
“From a development standpoint, this deal really encompasses everything we look for, which is a vibrant market supported by strong demand generators, a partnership with a trusted brand, and a healthy economy that is built to last,” said Raj Patel, Hawkeye Hotels chief development officer.
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