Garnet Hotels Expands Portfolio with Acquisition of Clarion Hotel New Orleans
SHERIDAN, WYOMING – February 20, 2025 – SHERIDAN, WYOMING – Feb. 20, 2025 – Garnet Hotels has announced the acquisition of the 292-room Clarion Hotel New Orleans – Airport & Conference Center from a group of local investors for an undisclosed amount. This strategic acquisition expands Garnet's portfolio to 20 hotels nationwide, including two in the greater New Orleans area.
Hotel to Retain Choice Brand and Undergo Renovation
As the new owner, Garnet Hotels plans to maintain the current Choice brand for the property. The company has also announced that the hotel is currently undergoing a renovation, further enhancing the guest experience. Garnet Hotels is committed to a smooth transition and has retained many key employees, including the General Manager, who has a long-standing history with the property.
Smooth Transaction Facilitated by HREC