Hawkeye Hotels Acquires First Property In New Jersey, Expands Footprint
SECAUCUS, NJ- Iowa-based firm Hawkeye Hotels today announced its acquisition of the former Hampton Inn in Secaucus, N.J., continuing their expansion strategy into Northeast markets. This is Hawkeye Hotel’s first asset in New Jersey.
Hawkeye Hotels plans to reopen the property as an independent brand before the end of 2021, as the hotel undergoes an extensive redesign and renovation process. The seven-story hotel, which has 151 rooms, will be completely renovated and rebranded to a nationally recognized brand.
“We’re extremely excited to bring this property back to life. We have started working on the modernized design to make the hotel look and feel completely refreshed,” said Parth Patel, Head of Investments at Hawkeye Hotels.
This is the fourth asset Hawkeye Hotels has acquired in 2021. The company continues to look for new opportunities across the country.
“We are optimistic of what the future holds for Secaucus,” said Patel, “In August domestic visits to New York City were up compared to 2019, and once the international travel restrictions are lifted, we expect the recovery to accelerate even further. ”
The hotel is ideally located in Secaucus, near MetLife Stadium, Meadowlands Exposition Center, Javits Center and American Dream. The location allows easy access to the commuter train/NJ Transit and allows for easy access to Lincoln Tunnel, just minutes from Times Square. The hotel will offer amenities including: complimentary breakfast, business center, fitness center and an indoor pool.
Founded in 1982 with one roadside hotel in Mena, Arkansas, Hawkeye Hotels has become one of the fastest-growing hospitality companies in the United States. Today, the firm owns and operates over 60 hotels across the country, with additional properties under development. Hawkeye Hotels employs over 1,000 staff across its portfolio of hotels and corporate offices. The firm maintains lasting affiliations with leading brands, including Hilton, Marriott, and InterContinental Hotels Group (IHG).