Graduate Hotels
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Company type | Private |
---|---|
Industry | Hospitality |
Founded | 2014 |
Founder | Ben Weprin |
Headquarters | Nashville, TN , United States |
Number of locations | 35 |
Area served | United States England |
Owner | Hilton Worldwide |
Parent | AJ Capital Partners |
Website | graduatehotels |
Graduate Hotels is a collection of hotels located in college towns, primarily in the United States, launched in 2014 by Nashville-based real estate company AJ Capital Partners and now part of Hilton Worldwide.[1][2][3] There are currently 33 operating hotels in the United States and two in England.[4]
History
[edit]Graduate Hotels was founded in 2014 by Nashville-based real estate investor Ben Weprin and his firm, AJ Capital Partners.[5] The company launched the Graduate Hotels brand by acquiring and remodeling hotels in university-anchored towns across the country.[6] The first hotel opened in Athens, Georgia in 2014, centered around the University of Georgia.[7]
Hilton Worldwide Holdings Inc. agreed to buy Graduate Hotels in March 2024. AJ Capital Partners will retain real estate ownership of the existing Graduate properties under new long-term Hilton franchise agreements.[8]
Locations
[edit]United States
[edit]England
[edit]Hotel | Location | Opening Year | Nearby University |
---|---|---|---|
Graduate Cambridge | Cambridge | 2021 | University of Cambridge |
The Randolph Hotel | Oxford | 2021 | University of Oxford |
Future
[edit]Hotel | Location | Opening Year | Nearby University |
---|---|---|---|
Graduate Austin | Austin, Texas | 2025 | University of Texas |
Graduate Dallas | Dallas, Texas | 2024 | Southern Methodist University |
References
[edit]- ^ "This college town boutique hotel chain is the anti-Airbnb". CNBC. 2018-02-20. Retrieved 2020-04-28.
- ^ "Graduate Hotels graduates into a bigger chain". USA Today. Retrieved 2019-10-15.
- ^ "Visiting Colleges? The Era of Staying in a Sad Hotel Is Over". Bloomberg L.P. Retrieved 2019-10-15.
- ^ Felice, Selene San. "Loews Annapolis reopens as Graduate Annapolis following remodel". capitalgazette.com. Retrieved 2019-10-15.
- ^ Brown, Abram. "The Revivalist: Young Hotelier Ben Weprin Has An Eye For An Aged Luxury Gem". Forbes. Retrieved 2019-10-15.
- ^ Rosman, Katherine (2018-07-14). "The Education of a Brotelier". The New York Times. ISSN 0362-4331. Retrieved 2019-10-15.
- ^ "Boutique Group Graduate Hotels Finds Its Niche in University Towns". Skift. 2017-05-30. Retrieved 2019-10-15.
- ^ Clark, Patrick (14 March 2024). "Hilton Agrees to Buy Graduate Hotels Brand for $210 Million". Bloomberg. Retrieved 14 March 2024.