Hamister Group, LLC Acquires Three Pennsylvania Hotels
August 23, 2016
BUFFALO, NY -- Hamister Group, LLC has acquired a three-property, 314-hotel room portfolio in Hazleton, Pennsylvania.
The portfolio of Marriott and Hilton-branded hotels is located in the Northeast portion of the state at the intersection of I-80 and I-81. It includes a Residence Inn (92 rooms), a Hampton Inn (122 rooms), and a Fairfield Inn & Suites (100 rooms).
"These are hotels with strong brands that need a capital infusion for building upgrades and additional operational expertise to reposition them at the top of the Hazleton market," Chief Investment Officer Daniel M. Hamister said. "This will be a strong addition to the Hamister Group portfolio."
Many high-profile, regionally, nationally and globally recognized companies — including Amazon, Wegmans, Honeywell, and The Hershey Company — maintain major distribution and in some cases assembly and manufacturing operations in the Hazleton market.
"We are now actively welcoming the employees and customers of these wonderful hotels to the Hamister Corporate Family," CEO and Chairman Mark E. Hamister said. "The hotel staff has proven a commitment to exceptional customer service and we look forward to continuing and expanding that achievement."
Hamister Group, LLC is a national healthcare and hospitality management organization located in Buffalo, NY. Its east coast portfolio includes management of eight hotels, and two hotels currently under construction, totaling more than 1,100 rooms, four senior housing communities with nearly 600 units, and one home healthcare agency.
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