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Electra America Hospitality Group has acquired the former Kimpton Nine Zero hotel in Boston and converted the property into Hotel AKA Boston Common.

Electra America Hospitality Group Acquires Boston Boutique Hotel, Converts to AKA Brand

North Palm Beach, FL-based Electra America Hospitality Group has acquired the 190-room Kimpton Nine Zero hotel in downtown Boston and has converted the property into Hotel AKA Boston Common.

The property was acquired in an off-market transaction and marks the second Boston hotel purchase of Electra America Hospitality Group, a $750-million discretionary hospitality fund, and AKA. In August of 2022, EAHG acquired and converted the 225-room Loews Boston Hotel into Hotel AKA Back Bay.

Electra America Hospitality Group will invest $15 million in renovations to bring the property up to AKA brand standards. The property will feature luxury suites with views of the Boston Common and an enhanced, popular neighborhood dining venue.

Since launching two years ago, Electra America Hospitality Group (part of real estate private equity firm Electra America) has acquired seven hotels in the US, helping AKA expand its portfolio in cities including Manhattan and Washington DC, and establish a presence in cities including Boston, Miami and West Palm Beach.


Inside The Story

Electra America Hospitality Group's Russell Urban

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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