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EOS Investors Makes First Boston Hotel Acquisition
EOS Investors LLC has acquired the Hyatt Centric Faneuil Hall Boston, a 163-key hotel located in Downtown Boston, adjacent to Faneuil Hall and Quincy Market. Published reports put the acquisition price at $58.6 million. The acquisition marks EOS’ first in Boston.
“We are thrilled to establish our presence in Boston through the acquisition of the Hyatt Centric Faneuil Hall, an exceptional asset in a leading urban hospitality market,” said Jenna Kronenfeld, head of acquisitions at EOS. “Boston continues to demonstrate compelling market dynamics supported by its diversified demand base and high barriers to entry for new hotel supply. We look forward to driving continued success at the hotel.”
EOS Hospitality will manage the hotel and focus on enhancing the guest experience and commercial performance. The hotel joins EOS’ growing collection of Hyatt Centric properties. Opened in 2019, the Hyatt Centric is one of the newest upper-upscale hotels in Downtown Boston.
- ◦Sale/Acquisition
