Le Lézard
Classified in: Tourism and vacations, Business
Subject: TNM

Dynamic City Capital Acquires AC Hotel by Marriott® Seattle Bellevue/Downtown


PROVO, Utah, July 26, 2021 /PRNewswire/ -- Dynamic City Capital (DCC), a Utah-based real-estate investment firm focused on acquiring and developing premium-branded hotels, today announced the acquisition of the AC Hotel by Marriott® Seattle Bellevue/Downtown (AC Hotel Seattle Bellevue). The seven-story, 234-room hotel in the heart of Bellevue is within short walking distance to the Meydenbauer Center, Bellevue Plaza, Bellevue City Hall, and Lincoln Square North. With easy access to Seattle and countless nearby businesses, restaurants, and shops, the location caters to the business, government, or tourism traveler.

"We are excited to enter the Pacific Northwest, especially the Seattle Bellevue area, which we believe is a market that has an important mix of both business and tourism. The AC Hotel by Marriott, is an exceptional hotel for this market. The combination of this brand and this market aligns perfectly with our strategy of acquiring high-quality, premium hotels in the best markets in the country," stated Ryan Phelps, DCC's chief investment officer.

The AC Hotel Seattle Bellevue is DCC's fourth acquisition in 2021. In January, DCC acquired two San Diego/Bayside Hilton properties (the Hilton Garden Inn and the Homewood Suites by Hilton). In June, DCC acquired the Element by Westin's® Element Anaheim Resort Convention Center with 174 rooms.

AC Hotel by Marriott® participates in Marriott Internationals' award-winning travel program representing 30 hotel brands, vacation home rentals, and all-inclusive resorts. For more information, visit MariottBonvoy.com.

For more information about the AC Hotel by Marriott® Seattle Bellevue/Downtown or to make a reservation, please call (425) 625-2450 or visit https://www.marriott.com/hotels/travel/seaar-ac-hotel-seattle-bellevue-downtown/.

About Dynamic City Capital
Dynamic City Capital (DCC) is a privately held real estate investment and asset management firm with three decades of experience in hospitality. During its 30+ year history, DCC has placed hundreds of millions of dollars of capital on behalf of its investment partners. After opening the first Marriott® franchised hotel in the State of Utah in 1991, the Company has been involved in the development, acquisition, and management of hotel assets throughout the United States, representing the premium-branded hotel families of Hilton®, Hyatt, IHG®, and Marriott®. For additional information, please visit www.dynamiccity.com.

SOURCE Dynamic City Capital


These press releases may also interest you

at 06:55
Solo Brands, Inc , ("Solo Brands" or the "Company"), an omni-channel platform of beloved brands Solo Stove, Chubbies, Oru Kayak, ISLE, TerraFlame, and IcyBreeze today announced that it plans to report its first quarter fiscal 2024 financial results...

at 06:53
Galaxy Entertainment Group, market leaders in bringing to life unparalleled hospitality partnerships with the world's leading hotel brands, announces a landmark tie-up with Capella Hotels and Resorts - named Best Hotel Brand in the world by Travel +...

at 06:52
Marine Products Corporation ("the Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the first quarter ended March 31, 2024. * Non-GAAP measures, including EBITDA, EBITDA margin, and free cash flow are...

at 06:51
RPC, Inc. ("RPC" or "the Company"), a leading diversified oilfield services company, announced its unaudited results for the first quarter ended March 31, 2024. * Non-GAAP and adjusted measures, including adjusted operating income, adjusted net...

at 06:50
On Thursday, May 9, 2024 at 8:00 a.m. (ET), Tapestry, Inc. will hold a conference call to discuss the Company's fiscal 2024 third quarter results which will be reported via press release earlier that morning. To listen to this Tapestry conference...

at 06:50
MarineMax, Inc. , the world's largest recreational boat, yacht and superyacht services company, today announced results for its second quarter ended March 31, 2024. Fiscal 2024 Second Quarter Summary March quarter revenue of $582.9 million...



News published on and distributed by: