Hotel Investment Group Acquires San Marcos Property for Home2 Suites

San Diego-based Hotel Investment Group (HIG) recently acquired property in San Marcos where it intends to develop a 110-room Home2 Suites by Hilton. Construction is slated to begin in summer 2022 at the 1.66-acre property – located an empty lot at the corner of Montiel Road and Leora Lane – and is estimated to be complete by late 2023.

“The hospitality industry is finally starting to rebound from the challenges of the last two years, putting us in a prime position to continue expanding HIG’s portfolio,” said Darshan Patel, HIG CEO. “Bringing a Home2 Suites to San Marcos will provide a much-needed extended-stay hotel option for the medical community at Palomar Hospital and for customers visiting the area’s premier golf courses and nearby Legoland California.”

HIG owns and operates 18 hotel and apartment communities throughout California. Additional San Diego properties include boutique hotel, Hotel Iris in Mission Valley, as well as franchise entities such as the Holiday Inn Express & Suites in Mission Valley.