BALTIMORE, April 09, 2018 (GLOBE NEWSWIRE) -- Frontier Development & Hospitality Group LLC today announced the closing on the purchase of The Westin Baltimore Washington Airport – BWI for $34 million. The 260-room hotel is located at 1110 Old Elkridge Landing Road, Linthicum Heights, MD. The hotel features 10,000 square feet of meeting space, a state-of-the-art fitness center and indoor pool, an executive club lounge, an outdoor bar/patio with fire pit, and ‘The Luminous,’ a contemporary American restaurant and bar. The hotel is conveniently located near Baltimore Washington International Airport with easy access to downtown Baltimore and Washington, DC.
Frontier is planning an additional $5.2 million in renovations and upgrades focusing on guestrooms and public spaces. Evens Charles, CEO of Frontier Development & Hospitality Group LLC said; “The Westin Baltimore Washington Airport – BWI is the premier asset in the market and provides us with the opportunity to capitalize on the $60 million expansion of the BWI Airport, as well as a diversity of demand generators within the corporate, government, healthcare, and entertainment sectors. We are excited to add this amazing asset to our growing hotel portfolio.”
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About Frontier Development & Hospitality Group LLC
Frontier Development & Hospitality Group LLC is a real estate development and acquisition firm with a diverse asset portfolio including a primary focus in hospitality. Frontier’s invested assets include hotels, luxury residential and multi-family projects. Frontier’s hotel portfolio totals over $180MM in market value and includes brands like Marriott, Hilton, and InterContinental Hotels. Frontier is a committed partner to its investors and the communities in which it invests. More information can be found at www.frontier-development.com.
Source:Crestline Hotels & Resorts