Hotel Investment Firm, Frontier Development & Hospitality Group LLC Acquires The Westin Baltimore Washington Airport – BWI

Published 6:00 AM ET Mon, 9 April 2018
Globe Newswire
BALTIMORE, April 09, 2018 (GLOBE NEWSWIRE) — Frontier Development & Hospitality Group LLC today announced the closing on the purchase of The Westin Baltimore Washington Airport – BWI for $34 million. The 260-room hotel is located at 1110 Old Elkridge Landing Road, Linthicum Heights, MD. The hotel features 10,000 square feet of meeting space, a state-of-the-art fitness center and indoor pool, an executive club lounge, an outdoor bar/patio with fire pit, and ‘The Luminous,’ a contemporary American restaurant and bar. The hotel is conveniently located near Baltimore Washington International Airport with easy access to downtown Baltimore and Washington, DC.

Frontier is planning an additional $5.2 million in renovations and upgrades focusing on guestrooms and public spaces. Evens Charles, CEO of Frontier Development & Hospitality Group LLC said; “The Westin Baltimore Washington Airport – BWI is the premier asset in the market and provides us with the opportunity to capitalize on the $60 million expansion of the BWI Airport, as well as a diversity of demand generators within the corporate, government, healthcare, and entertainment sectors. We are excited to add this amazing asset to our growing hotel portfolio.”

Original Article: https://www.cnbc.com/2018/04/09/globe-newswire-frontier-development-hospitality-group-llc-acquires-the-westin-baltimore-washington-airport–bwi.html

 

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Frontier Development & Hospitality Group Acquires The Westin Baltimore Washington Airport – BWI

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