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

Elise Capital Announces First Hotel Acquisition In Douglas, GA


ATLANTA, Aug. 10, 2021 /PRNewswire-PRWeb/ -- Elise Capital, a hotel real estate investment firm, announced the recent closing of its first hotel acquisition. The Hampton Inn by Hilton Douglas is located at 1604 S. Peterson Avenue in Douglas, Georgia.

The property offers 61 guestrooms and completed a full renovation in 2019. The comfortable amenities and modern décor are supplemented by a daily complimentary hot breakfast buffet, an outdoor pool, a business center, and a fitness facility.

"I am delighted to be acquiring the Hampton Inn Douglas and excited to watch this hotel reach its full potential," said Kendra Plummer, founding partner of Elise Capital. "Our focus is to unlock generational wealth for communities of color and others who have been shut out of the process in the past, and this is an extremely important step in the right direction."

Located in the heart of Douglas-Coffee County, the Hampton Inn Douglas is surrounded by top local employers and one of the largest concentrations of cargo trailer manufacturers in the United States and is home to the largest peanut shelling operation in the world, Premium Peanut.

The hotel's 624 square foot event space offers a convenient and attractive location for local social events, family reunions, and company meetings.

"We are incredibly thrilled to be adding the Hampton Inn Douglas to our managed portfolio," said Daymain Smith, founder and principal partner of Synergy Hospitality Group. Synergy will serve as third-party manager, leading the hotel's operation.

For more information about the Hampton Inn by Hilton Douglas, please visit https://www.hilton.com/en/hotels/dougahx-hampton-douglas/.

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About Elise Capital

Founded by hospitality veteran Kendra Plummer, Elise Capital is a hotel-focused investment and advisory firm purposed to unlock access to hotel investment opportunities for communities of color, women, and other previously underserved groups. Elise Capital contributes to the closing of the economic wealth gap in America by empowering and educating through ownership of hotel real estate, providing opportunities for wealth generation along with financial literacy education. Elise Capital is focused on developing a strong network of investors to make hotel ownership more diverse. For more information, visit https://www.elisecap.com.

Media Contact

Susan Barry, Hive Marketing, (404) 964-5765, [email protected]

 

SOURCE Elise Capital


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News published on 10 august 2021 at 07:00 and distributed by: