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EOS Adds to New England Portfolio with Portland’s Press Hotel
EOS Investors LLC, the real estate investment firm founded in 2017 by Jonathan Wang, has acquired The Press Hotel, Autograph Collection, a 110-key lifestyle hotel located in Portland, ME, for an undisclosed sum. The acquisition adds a top Portland hotel to EOS’s New England portfolio, encompassing 16 hotels, including eleven in Maine specifically.
Simon Mais, CEO of EOS Hospitality, said, “The Press Hotel is a unique property that reflects Portland’s character. We are committed to building upon the hotel’s existing strengths and continuing to deliver an exceptional guest experience. Through EOS Hospitality’s operational platform, we see opportunities to refine the property’s offerings while preserving the qualities that have made it a well-known destination for visitors to Portland.”
Originally constructed in 1947 as the headquarters of the Portland Press Herald, The Press Hotel was thoughtfully redeveloped into a luxury boutique hotel and today operates as part of Marriott’s Autograph Collection. It’s located within Portland’s Old Port neighborhood, providing access to the city’s restaurants, shops, waterfront attractions and cultural institutions.
- ◦Sale/Acquisition