September 15, 2023
Crawford Hoying announced earlier this week the acquisition of Homewood Suites by Hilton Columbus OSU in partnership with operator and developer, Shaner Hotel Group. This is the fourteenth hotel within Crawford Hoying’s portfolio, which now includes more than 1,800 hotel keys.
Homewood Suites is located at 1576 West Lane Avenue in the heart of Upper Arlington, just 10 minutes from downtown Columbus and a two-minute drive from The Ohio State University. The 109-key hotel consists of 725 square feet of event space, a meeting area, workout facility, indoor pool and more.
“This hotel is a perfect fit for our growing portfolio, and we would love to explore more properties like it,” said Brent Crawford, Principal of Crawford Hoying. “We plan to fully renovate the hotel and bring it to Hilton standards within the next several months.”
Homewood Suites is directly adjacent to Crawford Hoying’s twin mixed-use development, The Lane and Westmont at The Lane. This acquisition, which closed in May of 2023, will make an accompaniment to other key features of the development such as Hudson 29, Tupelo Honey and TownePlace Suites Columbus North – OSU.
“This was a strategic and opportunistic acquisition for the partnership,” said Plato Ghinos, President of Shaner Hotels. “We are looking for additional opportunities to acquire quality properties that complement our current development pipeline.”