Rebranded Battery Wharf Hotel Changes Ownership, Joins LHW Party
- Mar 02, 2015
One of Boston’s luxury hotels situated directly on the North End waterfront has been sold and is now operating under a new brand.
A joint venture between Westmont Hospitality Group and Thomas Tan, a member of the Bestford Hospitality Group, acquired the upscale property which was first developed in 2008. According to NorthEndWaterfront.com, the asset was purchased from PNC Realty Investors and AFL-CIO, its associated pension fund investor. The transaction closed in October 2014 and included the 150-room hotel, a 13,000-square-foot fitness center and spa, 6,000 square feet of meeting space, a pocket Maritime Museum, a 24-hour observation deck and more than 15,000 square feet of vacant restaurant and retail space.
Located at 3 Battery Wharf, the hotel is part of a luxury mixed-use development. It was rebranded into Battery Wharf Hotel, Boston Waterfront and the new ownership has immediate plans to fill in the empty commercial space. “Our vision for the future of Battery Wharf includes new hotel facilities and service upgrades, new restaurants and retail tenants, and an ongoing commitment to create exciting reasons for Boston residents and visitors alike to enjoy direct access to the Harbor and some of the best views of the city,” said Greg Bingaman, director asset management, Westmont Hospitality Group in a prepared press statement.
Under the new management, Battery Wharf Hotel, Boston Waterfront recently joined the exclusive Leading Hotels of the World (LHW)—a hospitality consortium based in New York City which accepts only the world’s most exclusive hotels. LHW is owned by Hotel Representative, A.G. and has more than 430 hotels and resorts in over 80 countries.
Image via Battery Wharf Hotel, Boston’s website