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Article: Southern New Hampshire Hotel Transactions Heating Up; Historic Wayfarer Hotel & Conference Center, Bedford & Hampton Inn, Concord/Bow, NH Sold by O'Connell Hospitality Group.
- Article from:
- PR Newswire
- Article date:
- October 8, 2003
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Copyright informationCOPYRIGHT 2003 PR Newswire Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BOSTON, Oct. 8 /PRNewswire/ -- Tom Foley and Jim O'Connell of O'Connell Hospitality Group, LLC represented the owners of the 194 room Wayfarer Hotel & Conference Center, Bedford/Manchester, NH. Famous for being the Presidential Primary Election headquarters and New Hampshire campaign kick-off point for Presidential candidates back to President John F. Kennedy, the hotel was sold by HRO Management to Jiten Hotel Management, the owner of five other hotels in the Manchester area. Total cost of acquisition and capital renovation program is expected to exceed $10 Million. Much of the renovation is anticipated to be completed before the present presidential primary campaigns get ...
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