VALENCIA HOTEL GROUP SECURES LARGEST EQUITY RAISE TO DATE, ACQUIRING CAVALRY COURT AND THE GEORGE IN COLLEGE STATION, TEXAS
HOUSTON, TX – Valencia Hotel Group is thrilled to announce a major achievement in its growth trajectory with the successful completion of its largest equity raise to date. This landmark investment facilitates the acquisition of Cavalry Court and The George, two premier boutique hotel properties located in the heart of College Station, Texas.
With this significant expansion, Valencia Hotel Group now holds majority interest in all hotels within its management portfolio. The acquisition of these distinguished hotels was made possible through the purchase of the controlling interest from Harrison Street, a leading investment management firm based in Chicago, IL. Harrison Street previously owned a substantial stake in these assets, and the transaction underscores Valencia Hotel Group’s strategic vision for growth and excellence in the hospitality industry.
Cavalry Court and The George are renowned for their exceptional guest experiences and distinctive charm. Cavalry Court offers a unique, nostalgic atmosphere that pays homage to the region’s rich history, while The George is celebrated for its modern elegance and outstanding service. These acquisitions align perfectly with Valencia Hotel Group’s mission to deliver unparalleled hospitality and continue to enhance its portfolio of premier hotel properties.
“Our team is incredibly proud to announce this historic milestone for Valencia Hotel Group,” said Roy Kretschmer, Chief Operations Officer of Valencia Hotel Group. “This equity raise and subsequent acquisition of Cavalry Court and The George not only marks our largest investment to date but also reinforces our dedication to expanding our footprint in key markets. We look forward to building upon the strong foundation that Harrison Street has established and furthering our commitment to delivering exceptional experiences for our guests.”
Valencia Hotel Group’s expanded ownership portfolio highlights the company’s robust growth strategy and unwavering dedication to excellence in the hospitality sector. With this acquisition, Valencia Hotel Group is well-positioned to enhance its market presence and continue offering top-tier accommodations and services.
The transaction also reflects the growing appeal of College Station as a dynamic destination for both business and leisure travelers. With Valencia Hotel Group at the reins, guests can anticipate continued innovation and exceptional service at both Cavalry Court and The George.
For more information about Valencia Hotel Group and its portfolio of properties, please visit www.valenciahotelgroup.com.
ABOUT VALENCIA HOTEL GROUP
Valencia Hotel Group, headquartered in Houston, Texas, is the development powerhouse behind Valencia Hotel Collection, specializing in both new hotel construction and the transformation of acquired properties. Redefining luxury, Valencia Hotel Group excels in all facets of hospitality management and development, including branding, consulting, community engagement, and ongoing operations and logistics management. With a proven track record in identifying prime locations and delivering properties that resonate with the community, Valencia Hotel Group infuses distinctive design and character into every destination. For more details and to experience the essence of culturally rich hospitality, visit www.valenciahotelgroup.com.
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