Should be a good addition to the Hilton portfolio.

Property is under contract to be purchased by CGI Merchant group through their CGI Hospitality Opportunity Fund I, LP (H-Fund). This is part of their greater strategy to purchase distressed hospitality assets and reflag them under the Hilton umbrella https://therealdeal.com/2020/08/19/h...ed-hotels/amp/

A few months ago, they purchased the Celino South Beach and reflagged it to a Curio Collection property.